Hi all
I bought VET to keep it long term.
Is it better to do VET staking on binance or Exodus or VechainThor?
What is the difference between Staking and Saving?
thank you
I can say that, saving can be seen as a type of long term holding, where you keep your coin in your personal wallet without doing any other thing afterwards, just see it as keeping money in the bank, while staking can also be seen as another type of long term holding but in this case, instead of just keeping the coin in your wallet doing nothing, you put it to work, that is staking it and getting a reward thereafter.
On the other hand, I do not know about Vechain staking but as usual, you will need to be very careful of the type of wallet and/or staking methods you use for the Vechain staking, make sure it is a trusted one, like the ones you already mentioned.
Also, i believe all these staking methods via different wallets have their own merits and demerits, and so the best way to get started is by asking the team in question for the best option and recommendations, because I believe they know best and would want to guide you accordingly since it is also a good addition to them that someone is buying and staking it.