I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?
Thanks!
Staking is a safe way to get passive income for people who are not very good at trading or have more activities in real life.
Your choice is right but so far I have never tried staking ethereum. If we talk about staking, because we are talking about long-term investments, stable coins can be a good choice, or as you choose, coins with good development and have an increase price from year to year can provide satisfactory profits.
just a reminder, choose trusted platform especially if we have little time to check the state of our staking