Post
Topic
Board Service Discussion (Altcoins)
Re: 5 cryptocurrency exchanges where you can stake cryptos & earn rewards
by
Zabivelli
on 13/07/2020, 11:17:34 UTC
There is no 100% safety. You can lose your private password, forget, lose keys or in case of Trazor. Forget the whole damn thing somewhere.

Exchanges are learning from their mistake in the early days. Although never 100% safe, it's 90% safe! Since I started with crypto, (you can find my messages on BT all the way back from 2017), I held for 95% of the time funds in some exchange.. But always on the top 5 exchanges not smaller ones. Although I never had any issues with smaller ones also. I have experience with Bittrex, BitFinex, HitBTC, Livecoin, Binance, ForkDelta/EtherDela and Crypto.dom ... Now I mainly trade on Binance and Crypto.com.

It seems, the crypto trend has changed to staking and earn rewards. That can make the investors give trust to the exchanges to hold their funds in those places. I see on that list from OP that will depend on yourself, do you have the courage to leave your funds in the exchanges or not, and you are ready with everything that can happen to the exchanges. My advice is you need to know how much money you should use to stake in the exchanges, and it's better not to risk all of your money, even if the exchanges give a big profit to you.

On the exchange I mentioned above (my signature) you don't have to stake, just by having your asset in the exchange while you trade, you get stake rewards, daily.

The best is to order a visa card, you get cash back every time you do groceries or just buy random things.

I'm also on Binance, but there you have to actively stake. I'm also not really fan of actively staking.


I have crypto.com installed on my mobile phone, but I do not buy yet any coins inside the wallet. If I see the minimum amount to buy each coin is $250, so we can earn a reward by staking the coin.