Is it safe to stake ETH?

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Mining-Staking

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Sorry for the silly question, but aren't people saying that you shouldn't leave your ETH or crypto in an exchange because there's a risk of it getting lost/hacked? But to stake, you'd have to have your ETH in an exchange like Binance, Coinbase or Kraken?

Am I missing something here?

Thank you!

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VicariousDiamond

In most cases it's rather safe, but you won't be getting much out of it, and as soon as they announce release (that you can sell), all the whales will be driving it to the ground before the unstaking will take place. IMO it is not a course of action I would risk for the little ETH ROI.

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iamthephantompain

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Posted: 3 years ago
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