Post
Topic
Board Altcoin Discussion
Re: What do you think of staking and restaking one’s assets ?
by
Josefjix
on 21/03/2025, 22:02:44 UTC
Well for me I did stake my coins on the exchanges in the passed. But now I do not stake any more of my coins like Sol, BNB, and Ethereum.

For me it is not worth it to not have control of your own keys. And now there is companies like Ledger and other ones where you can stake. But we do not know for sure if we will lose out crypto or not.

Which exchange have you staked on in the past ?. For me, i do stake a lot on Bitget and it’s been a smooth ride so far. Though, i do not stake for a long period of time.
Doesn't matter the exchange either centralized or Decentralized but the major criteria is that, staking is not worth it if your going in with smaller capital, you can stake for 2 year and got peanuts out of it. It's even more worse when doing it on decentralized finance platforms where you could pay transaction fees multiple times, example, paying for validation fee, blockchain fee when confirming transaction transaction, staking fee, re staking fee also and much.

Also, APR are not always accurately when the staking has started, you'll be promised 10% APR for example, but you'll be given something different from the agreed percentage when staking starts, it's always confusing and most dex haven't said the truth about their staking APR.