Have you considered staking?

[dunfida]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

I’d rather just hold than stake it. I wouldn’t want to wake and hear that some platform got hacked and my money is gone. There’s no APY that’s more than the APY that volatility gives you. And if you’re not the one who has control of your Ethereum, you may not get to enjoy the price increase not to mention the 3.3%!

Yeah, even just trying out to make those simple comparison and making up use of your own common sense then you could really be easily to point out on which thing is really that more sensible on doing so, profit wise.  

Actually it would really be just that depending into your own preference but 3.3% APY? Who the hell would really be able to consider it out? Even just simply holding those ETH's into your own wallet
could yield much more when the prices do climb up but of course same goes with dropping price but i would say that it is more worth on risking it out on holding and not staking it
if the possible gains or profits you could get is way too far off with that 3.3. It isnt really just that hard to understand and point out their main differences.

Making out decisions in speaking in profit wise then it wont really be needing up to be complicated.

[Natalim]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

For some holders, that seems okay, it was just like we were saving our money in the bank with that interest.
But for me, I just keep my ETH in my personal wallet rather than taking a risk in staking it in an exchange wallet. Besides, the interest rate is not convincing and worth enough for a person could decide. But I see some reason why they are afraid to stake their coins even if the rates are high and that is because of the security assurance of our funds. In fact, it is a big concern for everyone, not your keys, not your coins as well. If you stake your ETH in an exchange, you are also losing control of your fund as well and whatever happens (like hacking), you can't assure refunds.

[goaldigger]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

Staking is ok as long as you understand how it works and for me with a limited budget and capital, staking might not be the option for me because the reward might not that high compare if I do trading on my own. I think staking is the best option if you have big capital and don’t have time to trade, this can be your big source of profit without doing anything just make sure you are on a legit site so you will not risk your money that much.

[oktana]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

I’d rather just hold than stake it. I wouldn’t want to wake and hear that some platform got hacked and my money is gone. There’s no APY that’s more than the APY that volatility gives you. And if you’re not the one who has control of your Ethereum, you may not get to enjoy the price increase not to mention the 3.3%!

There are advantage of being a staker, but it will entails you to invest huge amount of ETH (32 ETH) in which ordinary crypto enthusiast can't and so we just buy with all amounts and be a holder. But there could be whale that is willing to stakes it and have the 3.3% returns as a passive income. Of course, there is always that risk involved not just the hack itself, but if you unfortunately lost your private keys, then your stake funds are gone. And there is one issue open up by one,

~~~

And there could others too having issues with staking.

Enough reason to not want to stake. If I have as much as 32 Ethereum, the interest rate doesn’t concern me because all I need is for Ethereum to be on the rise and that will be so worth it. In a day you can make what you could have needed to stake and earn in a year. Many people claim that it isn’t risky, I hope they can see how this dude is expressing what is actually happening.

[bluebit25]

With the current ETH staking interest rate of about 3.3% as you said, it does not seem attractive to many people, especially those looking for quick profits. Compared to trading, staking requires a longer asset lock period.

But in my opinion, staking is still a reasonable choice for investors who hold ETH long term. In addition to enjoying staking interest, they can also benefit from the upside potential of ETH. It is important to choose reputable staking platforms with competitive yields. Compared to other safe forms of investment, the ETH staking interest rate is still significantly higher.

[GreatArkansas]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

For some who are curious, OP saw it here: https://ethereum.org/en/staking/
It is now 3.5% and I believe this is dynamically changing, but not that really high volatility changing.

It just nice because while you are earning you are helping the network itself to be secure and decentralized, this is power of proof-of-state.

[Ben Barubal]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

     If you get 3.3% annual interest, that's okay if the total Ethereum you put in staking is 5–10 ETH, but if the amount of Ethereum you want to stake is low, that's low for me. Then, as far as I know, he is 3.5% now.

     But even so, you should be prepared for what can happen because you know that with investments like this in the field of cryptocurrency business, everything you do here cannot be without risk, especially when money is involved.

[Bureau]

I am staking some coins but I am doing it through a CEX as the returns are higher than using a noncustodial wallet. I am not interested in staking ETH as the returns are not that good whereas there are other coins with high returns. I know that I do not hold any keys to my exchange wallet and that is the risk I am okay to take. The only reason for anyone to stake cryptocurrencies is to end up earning rewards a regular intervals if that is the motive behind considering staking then exchange wallets are the best option available. That is my argument if anyone thinks that it is just not right to keep funds on a CEX.

[peter0425]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

So what is the question here?

3.3% annual interest  is like a BS bank offering us when we invested our money inside their banks , and even higher because mine offers 6-10% annual profit .

maybe instead of staking why not just  buy other coins that has potential like Solana partly from your Ethereum on hold.

[irhact]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

I have considering staking and I have done it before in the last bull market and I plan on doing it again in this bull market. Staking takes away the feeling of me wanting to sell my altcoins when the market is getting very unstable but since the coins are staked and giving me profits I won't consider selling the altcoins. Some exchanges offer very good staking rewards and while it's not good to keep our investment on exchange, staking can be considered for a short term period.

Don't stake for every long so you don't use a long period locking time. If there are news of something happening to the exchange, you can unstake and sell your altcoin to a stablecoin and withdraw them out of the exchange, you can also withdraw the altcoin directly without selling them to stablecoin. Staking can also be done through the website of the project and this is a more recommended way of staking.

[devil-soul]

On ethereum the average for staking is 3.3% per year and should only be taken into consideration if you want to make a long term hold strategy, if you want to change altcoins for staking with new releases or stablecoins you can easily get to 10/15%

[batang_bitcoin]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

3.3% is a genuine percentage for an APY. It is not that high right because many are staking their Ethereum on their pools. Going on with exchanges, they've got more percentages offered than them but not with ETH but with the other cryptos that they're supporting.
Some exchanges could also offer the same percentage up to 6% but they vary because of how many are staking onto their platforms, the more stakers, the lesser percentage overtime.

[Makus]

I wouldn't advise anyone to stake any coin at all. One of the main essence and function of cryptocurrency to for you to have total control over your assets, so why stake then? When you stake you are keeping your asset in the hands of a third party which is also not advisable. It's just like holding your assets in an exchange the only difference is that, you get an added percentage of profit to your coin in which you have staked fro a while. I can't recommend staking to anyone but rather urge them to hold their coins to and be satisfied with the volatility they get from the coin.

[Hypnosis00]

I wouldn't advise anyone to stake any coin at all. One of the main essence and function of cryptocurrency to for you to have total control over your assets, so why stake then? When you stake you are keeping your asset in the hands of a third party which is also not advisable. It's just like holding your assets in an exchange the only difference is that, you get an added percentage of profit to your coin in which you have staked fro a while. I can't recommend staking to anyone but rather urge them to hold their coins to and be satisfied with the volatility they get from the coin.

Well, 3.3% is a little thing for rich people but for common people, it was big enough. You had earned some while holding, it is a good thing indeed. But it was not the APY that discouraged people from staking, it is due to the underlying risk factor when you deposited your money into an exchange and when you let the exchanges manage your fund and even make more money from it than us (owner). Even if it was 5%, that still wouldn't attract investors and holders because what matters the most now is not the staking rewards we looked for but the safety of our funds.

I would say, staking is not in my mind, not in any case. I could make more money in trading than staking or even just holding alone.

[babygun]

I wouldn't advise anyone to stake any coin at all. One of the main essence and function of cryptocurrency to for you to have total control over your assets, so why stake then? When you stake you are keeping your asset in the hands of a third party which is also not advisable. It's just like holding your assets in an exchange the only difference is that, you get an added percentage of profit to your coin in which you have staked fro a while. I can't recommend staking to anyone but rather urge them to hold their coins to and be satisfied with the volatility they get from the coin.

I don’t really agree. If you are holding your coins on a place that offers flexible staking; meaning you can withdraw them on any moment, without any fee than why not stake them? It can give you some passive income for doing nothing. Whenever I have this option, I always stake my crypto.

[Bushdark]

Just out of curiosity，I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

This is less compared to other project in the market. You can check other crypto tokens to see their annual interest rate for yourself.
Staking is one of the good ways we can buy and hold the token if we don't have anything to do with it. it is more better to stake our coins in a good platform so that we can be getting continual rewards as a crypto investor. There some tokens that have APY of 5% to 15% depending on their liquidity and supply. There are some that could have high APR but the liquidity might be lower.

[Text]

It depends on the platform how much APR you'll get from staking ETH, on Binance, as per checking and writing now it's 3.82%; on Trust Wallet, it's 3.52%; and on Kucoin, it's 3.7%. As mentioned by another user, this probably changes depending on the volume of the total stake. I've been hearing about staking for a while now, but I don't know how it helps with the security and decentralization of the network.

[Makus]

Well, 3.3% is a little thing for rich people but for common people, it was big enough. You had earned some while holding, it is a good thing indeed.

I don't think, 3.3% is a big profit for even the common persons because if they put in small money into such investment the profit rate is still constant 3.3% hence you'll get just the same small percentage. Be it rich or poor, that percentage is too small.

I don’t really agree. If you are holding your coins on a place that offers flexible staking; meaning you can withdraw them on any moment, without any fee than why not stake them? It can give you some passive income for doing nothing. Whenever I have this option, I always stake my crypto.

It's always advise not to store your coins in an exchange not even when the exchange offer the ability to stake your assets with them. So if you like staking your coin in an exchange it's just because you've not had any experience with third parties or should I say, you are not completely knowledgeable of the risk associated in staking.

[Best-mary]

Just out of curiosity， I went to the official website of Ethereum and found that the annual interest rate is only 3.3%.

I usually stake. You can find it here where posted about Flexing staking on the cex I use https://bitcointalk.org/index.php?topic=5491604.msg63900408#msg63900408

By the way, I don't stake ETH cos is kinda low, I rather go for other coins that they're return is higher and if you're looking for where to stake, you can use the exchange. They're safe and stress-free

[Claymore2]

I think it's better to hang onto my money instead of staking it, especially with Ethereum and other popular altcoins. Staking can yield profits, but given the relatively low ROI and the risks connected to centralized platforms and exchanges, I am cautious. Due to time constraints and enterprise worries around security vulnerabilities, I have decided not to invest, even though I have come across choices such as LIDO with alluring annual percentage yields. For the time being, I think holding allows me more flexibility in navigating request volatility and guarantees that I have complete control over my resources without relying on outside platforms.