Post
Topic
Board Altcoin Discussion
Re: Do you recommend staking?
by
mumang siat
on 26/08/2021, 14:48:57 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!

All forms of transactions will definitely get risk, either intentionally or not, but we can minimize this by first studying the transactions that we use, you also have to really know how to do it, I think everyone has prepared the steps in making transactions, even We will find the smallest level of risk anywhere, so any form of transaction is definitely risky, whether using ethereum, BlockFi or others.