this post was submitted on 30 Nov 2023
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How much money am I leaving on the table if I have 32 ETH being staked on coinbase? (alien.top)
submitted 2 years ago by a_man_with_culture@alien.top to c/ethereum@blockchained.world
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I'm thinking about using a staking service, but coinbase is so easy and I trust it more than most other companies. if I do use a service, which one do people recommend?

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[–] CoverYourMaskHoles@alien.top 1 points 2 years ago

I would run as fast as you can from Coinbase. They will steal your money if they have even the slightest reason to. For example a hacker hacks your account drains your real bank account through Coinbase converts it to BTC and sends it to their own wallet. You call your bank and stop the bank transfer. But coinbase holds you responsible and takes your staked ETH, bye bye ETH.