this post was submitted on 15 Nov 2023
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Staking options for a non tech savvy person, asking for a friend. (alien.top)
submitted 2 years ago by KingofFractions@alien.top to c/ethereum@blockchained.world
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I currently have a couple ETH on Coinbase. Would like to move them off and enter the world of staking as I have no desire to ever sell them. Any suggestions for my non tech savvy “ friend” ? I have read many posts here and haven’t had any luck finding a place where I meet the minimum ETH needed to stake there. Thanks for insights. I maybe better off just keeping it at CB and getting 3.26% APY but I feel like I’m getting taken advantage of AND possibly at risk since the coins reside there and not w me.

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[–] Krazy4Krypto@alien.top 1 points 2 years ago

Check out the crypto.com defi app. They take a 15% commission compared to coin bases 25%( could be wrong on percentage). Plus the added benefit of holding your eth in your own wallet. Though it is a hot wallet.