Post
Topic
Board Service Discussion (Altcoins)
Re: Which platform is the best for staking?
by
tabas
on 26/08/2021, 17:51:06 UTC
Exchanges like Binance, Kraken and Kucoin offers staking features but its not actually that much profitable like trading the crypto assets and when your assets are on staking period the value of assets can drop drastically which is the biggest risk associated with crypto staking.
And even they say, funds are safu. It's still different from actually holding your coins while you're staking it. You choose from those interest, safety and locked in period factors.
You can do that mostly on your own with wallets that has staking feature without agreeing to the contract of holding it for a period of time.
Returns per year and coins available for holding is more on the exchanges and I guess only trust wallet offering the staking feature for some cryptos.
There are many other wallets that are also offering staking features for different altcoins that they have. It's just you need to choose the reputable on those wallets that also has that feature.
It easy to choose from those available wallets that have staking feature too.