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?
They will enable the staking on the online wallet of PSB soon so just wait for further announcement. Or you can keep your PSB on your desktop or laptop so you can start staking.