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Crypto Stacking

Smart Finance

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Feb 23, 2021
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gumroad.com
Does anyone do crypto stacking?

I have looked a little into it before but never done a dive into it really deep, just wondering what are some of peoples favourite stackable coins/tokens.

I've used Coinbase before but found the fees are quite high, are there any alternative for people in the UK?
 

JD_Investing

New member
Apr 13, 2021
9
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I currently stake BTC, LTC, BNB, ADA, XPR, USDT, AVAX, DOGE, VET, ETH,CHSB.

Good exposure but I have a low amount in £.

CoinBase Pro app (free, more complex looking) has lower fees. You’ll want to withdraw the crypto out of CoinBasePro.

SwissBorg uses multiple exchanges to find the best rate and buys from that exchange and places it in your SwissBorg account.

Binance has referral link that is lifetime long that reduces fees

stake everything and everything (worked for me so far)

Some Staking locations:
Binanace has a lot of token/coin staking
Exodus wallet
Ledger hardware
Specific token wallets
SwissBorg Wallet Yields
BlockFi takes you crypto and holds it like a bank so you can receive interest. Varying rates.

Security
Wallets offer security,
Exchanges have your keys so no ownership.
Custodial wallets, hold you crypto and you have no ownership

My experience is more centralised finance than decentralised atm

Hope this helps!
 
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Smart Finance

Administrator
Staff member
Moderator
Feb 23, 2021
692
409
3,887
gumroad.com
I currently stake BTC, LTC, BNB, ADA, XPR, USDT, AVAX, DOGE, VET, ETH,CHSB.

Good exposure but I have a low amount in £.

CoinBase Pro app (free, more complex looking) has lower fees. You’ll want to withdraw the crypto out of CoinBasePro.

SwissBorg uses multiple exchanges to find the best rate and buys from that exchange and places it in your SwissBorg account.

Binance has referral link that is lifetime long that reduces fees

stake everything and everything (worked for me so far)

Some Staking locations:
Binanace has a lot of token/coin staking
Exodus wallet
Ledger hardware
Specific token wallets
SwissBorg Wallet Yields
BlockFi takes you crypto and holds it like a bank so you can receive interest. Varying rates.

Security
Wallets offer security,
Exchanges have your keys so no ownership.
Custodial wallets, hold you crypto and you have no ownership

My experience is more centralised finance than decentralised atm

Hope this helps!
That Swissborg doesn't look to bad, interesting that it goes to other exchanges to find the best price and keeps the liquidity up.
https://swissborg.com/
Binance is another one I've heard lots about.

I guess if im looking to stack then there is no point in a hard wallet
 

JD_Investing

New member
Apr 13, 2021
9
9
187
That Swissborg doesn't look to bad, interesting that it goes to other exchanges to find the best price and keeps the liquidity up.
https://swissborg.com/
Binance is another one I've heard lots about.

I guess if im looking to stack then there is no point in a hard wallet

Hardwallet is a good idea just the best ones £100+. I would consider it.

Security is paramount, you’re essentially becoming your own bank.
You can stake through your hardwallet, how I wouldn’t be able to say currently. I’m looking to soon.

I think using a range of exchanges and wallets is important and very good for security.
 

GeordieCoder

New member
Mar 15, 2021
24
12
332
Norway
Does anyone do crypto stacking?

I have looked a little into it before but never done a dive into it really deep, just wondering what are some of peoples favourite stackable coins/tokens.

I've used Coinbase before but found the fees are quite high, are there any alternative for people in the UK?
I am currently staking:
CAKE on PancakeSwap (84% give or take when auto staked),
SOL (6.62%) on Exodus Wallet (paid in SOL)
LINK (4.5%) & LTC (5.5%) on BlockFi you can choose what currency you would like to be paid out in

I'd personally only recommend staking currency you plan on holding long term due to the transaction fees you mentioned.
 

Stonelane1827

New member
Mar 15, 2021
50
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UK
www.instagram.com
Currently I have Eth and BTC staked on Blockfi.
ADA using Daedalus wallet and the Cardano staking Pools.
DFI on CakeDeFi (though this is locked up till 2030)

I also Lend USDT and LINK on Kucoin.