Post
Topic
Board Announcements (Altcoins)
Re: Cardano (ADA): A New Cryptocurrency and More
by
Captain-Cryptory
on 13/06/2021, 05:50:13 UTC
Hello Everyone.

QUESTION Please.  When you have a bunch of $ADA where is best to make it grow? 

Currently Kraken seems like a very good option (and most importantly safe and secure) for "staking".   

4 - 6% returns (not exactly sure if it depends on level of account to get the 6% or its a case of fluctuation)

Key advantages to staking with Kraken:

Start accruing and earning rewards on ADA instantly, with no waiting or lockup periods.
Enjoy one of the highest returns in the industry
Receive payouts on a regular schedule, weekly
Quickly exit from your staking position if you want to trade or withdraw by transferring tokens from your Staking Wallet back to your Spot Wallet
Available for Starter, Intermediate and Pro account tiers

Interested to know what other people "use".

Thank you.  Cool

Definitely the best to stake and receive rewards on the base of every-5-days is home-based-walet that has the option to delegate ADA to some pools. I'm using Daedalus to stake my ADA (~5% return that depends on the pool) because it's official wallet integrated with full Cardano node which gives me a bit more privacy than light weight clients. Using exchanges like Kraken and such  is a threat to both privacy and coins - they are not yours while being there.