this post was submitted on 28 Nov 2023
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Ethereum

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Currently storing ETH on coinbase because of how easy it is to stake, but I was wondering if there are any safer options out there to self custody and stake ETH

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[โ€“] Awkward_Potential_@alien.top 1 points 11 months ago (1 children)

I'd leave it on Coinbase as well.

But the fact that that's all of our answers should set off fire alarms. Ethereum will be centralized.

[โ€“] Valuable_Air3531@alien.top 1 points 11 months ago

Leaving large amounts of money in Coinbase is not a wise choice! I think you can use Defi wallet to store it. In this way, the U.S. government cannot freeze your funds at any time.