I was about to move my amount from poswallet to c-cex when I see that it has a "staking" note on its right-most side. Two question.
First, I never played a coin this new like this, so I never had any experience, but doing a simple google I got that we can say that staking means we let our coin sits for a while and gain certain amount after several time, right?
Second, will I be still staking if I move my coin to c-cex? Will there be any difference with if I keep it on poswallet or put it on any other wallet? (oh, that's three question)
First, I never played a coin this new like this, so I never had any experience, but doing a simple google I got that we can say that staking means we let our coin sits for a while and gain certain amount after several time, right?
Second, will I be still staking if I move my coin to c-cex? Will there be any difference with if I keep it on poswallet or put it on any other wallet? (oh, that's three question)
Supposedly, in-site wallets in C-cex should be 'cold' wallet and will not stake... Stake 'harvesting' in C-cex will not happen just like with other pos coins before otherwise the reward stakes from the non-moving sell orders may be the free psb coins for C-cex
So, since I don't intended to selling it anytime soon, it will be better if I kept my amount on poswallet? Or do you have a better suggestion?
Yup... Personally, Qt/Windows wallets would be the best option for now while we wait for the staking feature of the online wallet to be activated...
It's always a good practice for one to have his coins at his disposal specially if no plan in selling it yet
