Hello, I am looking for the best places to stake ALGO, CRO, TEZOS, VET, and THETA coins. I'd be holding them for several months and would need a platform with the highest APY and least fees. And one that is SAFE of course, no history of being hacked. What would you all recommend?
The best is probably own platform of those coins that have staking features. But technically I saw some of the list on Binance savings.
Risk is a part of entering the crypto market. If you don't want to risk then might forget entering this business. There will always a risk. Don't listen to those fudders. If major centralized is scam then why the hell the users there are probably more than users here? So those people who uses binance (including me and some[MOST actually]) are stupid? Idon't think so. They just prefer btc but to tell not to use an exchange like that is totally a fud.
Anyway we have different opinion here. I'm an altcoin enthusiast and I suggest only what I experience. If there is a chance for Binance to scam anyone its likely not mroe than 50%.
They pretty much just take a small cut off staking in exchange for ease-of-use and convenience.
Probably yes, but the convenient of being a newbie to do this staking isnt hurting those small fee.
In the past months most shitcoins have lost between 10 to 40% of their value against bitcoin and will continue losing value.
If altcoin is a shitcoin, then I am proud investing on some of it. Gladly hold my $200 worth of shitcoin avax with its early price. I wonder how much now it is if I bought btc instead during that time. I'm pretty sure I didn't loss 40% but gained more than invested in 188x as of this writing.
OP some would warned you, but I suggest dont listen only to those who think they know everything if you already learned the basics and tell them they are not correct all the time.
