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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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[–] VECHAIN_10_DOLLARS@alien.top 1 points 10 months ago (4 children)

Just stake them on Coinbase dude

[–] hunguu@alien.top 1 points 10 months ago (3 children)

You need to trust coinbase, go Rocketpool

[–] VECHAIN_10_DOLLARS@alien.top 1 points 10 months ago (1 children)

then you need to trust Rocketpool. I trust Coinbase way more than them

[–] hunguu@alien.top 1 points 10 months ago (1 children)

You don't understand. Rocketpool is trustless . All the code is open source so you can check it for yourself if you wish. Not true with coinbase.

[–] VECHAIN_10_DOLLARS@alien.top 1 points 10 months ago

I do understand. Open source does not mean without risks.

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