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 10 months 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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[–] Zealousideal_Fix4057@alien.top 1 points 10 months ago

coinbase would be your best bet, otherwise you could use rocketpool to trade your eth for rEth which increases in value over time. So when you trade your rEth back to eth you will have more eth depending on how long it was for.