I have been reading up on some interest accounts out there for BTC and Altcoins and the yields are really good especially when benchmarked against fdic insured fiat.
What’s your take on this? Is this a good or bad idea?
To earn while holding is a pretty good idea but to let somehow do it, instead of yours, like staking is totally risky. But many had done this and become their habit now, perhaps, it was not a problem for as long as it was staked on the trusted exchanges. I actually made this thing, with 2-3% APY is good enough but if you know how the other way that could increase your profit, that was a great idea ever.
I don't stop those people are currently staking but have to be sure that you don't have to complain about whatever happens like hacking is prone to most exchanges.