Post
Topic
Board Altcoin Discussion
Re: Do you recommend staking?
by
barhavsky
on 25/08/2021, 23:54:24 UTC
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!

the risk of losing your Ethereum can certainly happen if you staking your Ethereum on a scam website, therefore you should research BlockFi.com before staking your Ethereum, but my advice is you better staking your Ethereum on Binance exchange, because Binance exchange is the best exchange at this time, so of course your Ethereum will be safe if you staking on Binance exchange and APY that you get is also high.