Crypto staking is indeed something that is quite promising for us to do at the same time as our crypto holding process for a certain period of time. Usually this is done in an effort while waiting for a bullish era or at least the price on the market is in line with our target. Because staking usually has or provides its own benefits while we hold.

So, some of the things I usually consider when choosing a platform for staking are:

1. Trusted and reputable exchange/platform
That is certain and mandatory. I would much prefer a more trusted and reputable platform with smaller APY than a non-trusted and new platform even with higher APY. Because the security of my assets is much more important. Make sure that the platform has a good reputation and also a good level of security, because staiking will take a long time, so we have to be careful with the platform we choose, because it will make us feel safe.

2. Its security
Yes, this is what is related to the choice of platform above. The point is to choose one that has a good reputation for system security, security for our assets for a long period of time.

3. Rewards
Of course, it cannot be denied that rewards are also something to be taken into consideration because if the satking reward is too small, what's the point? it would actually be quite a waste to know about it. After realizing that the platform is safe and trusted, then also consider the rewards you can get for staking in a certain amount and period. compare between 1 platform and another.

4. Fees & Conditions
This is also important because after all we have to know what the fees are and what the conditions are. Don't try to find a platform whose fees are very large because this will increase the profits we get. Likewise, there are several conditions and requirements that must be met.

5. Choice of crypto
This is probably important because we must first understand what cryptos are supported on the ETRSBEUT platform. We don't need cash to replace or convert our crypto to another crypto just for staking on that platform. For example, at least tehre are BTC, ETH, BNB, or USDT

More to read:
https://www.redswitches.com/blog/top-15-crypto-staking-platforms/

I've learnt a lot from your writeup. Kudos to you for this. Seems you're experienced. If I have more questions I'll be sure to quote you.

Woke up to the sad news of Kabosu's passing. This got me thinking, which made me wonder: which meme dog will Elon adopt next? Could his next adoptee be Laika, the first dog to travel to space?

Hello everyone, I assume most of us are familiar with staking as a passive income avenue, whether on DEX or CEX platforms.

I'd like to ask, what factors do you consider before choosing a platform for staking? Is it flexibility, APY, or something else? Secondly, which platform do you believe offers the best APR for staking BTC, USDT, and ETH? Please share your opinions.

It's been a few months since CZ left Binance. I recently read a tweet talking about how Binance's online presence hasn't been the same ever since. Heck, most people don't even know the new CEO's name, which isn't good for a company that big. As much as I think a single person doesn't "make" the entire company, this has taught me a lot.

I'm also starting to see why Bitget chose to promote Gracy Chen to CEO today after so long. Or why Justin Sun still remains the face of several companies after all this time. Just like Justin, Gracy is a person who commands a lot of presence online and knows how to keep users excited about any new innovations. If anything, I guess this teaches us about the importance of having a smart, but exciting face as the representative of any company. We can only hope she keeps up this pace continues to grow. Also, that somehow, we get to see the CZ vibe again sometime in the near future.

I don't even know binance new CEO name 😀. CZ was everyone's fav due to his online presence, constant posts about the market and his famous phrase. If you can't hold, you won't be rich ahah... I hope he's back soon. For Gracy chen, she's done a good job as MD, and I think she'll do a better job as CEO due to her positive past impact. Let's hope Bitget gets more popular and she has that CZ impact. Fingers crossed

When people ask the usual CEX vs DEX question and I pick CEX they often talk smack about my answer saying they will pick DEXs anytime cause they prefer having complete control over their assets. It's a very valid reason but the steady influx of events on CEXs is enough for me to pick CEX, call me a brokie but that's just what I need hahaha.

An example now is one deposit event on Bitget I just saw. I won't be saying much about it but it has a million dollars of trading bonuses and BTC as its reward. Why will I choose DEXs over CEXs in that case? Besides, I don't even have enough assets to be worried about hahaha. What do you guys think though, weighing what both offer which will you choose, CEXs or DEXs?

I don't think I can pick one over the other. Both cex & dex have a role to play in the crypto space. If you want more flexibility and more risk then dex is for you. But if you crave security, control and low risk assets then cex is for you. Another perks is the rewards you mentioned on a cex. $1M is huge I'm sure no dex could roll out that kinda stuff for deposits. All in all, they both serve same purpose, so let's use them wisely..

It's a cold Saturday in my part of the world, with BTC ranging around $60k. The market seems indecisive at the moment, but that's not why I'm here. A friend asked me how exchange referral bonuses work, what percentage is earned per referral, and other details involved. Since I have no idea, I decided to bring it here for experienced altcoin talkers to share their insights.

User engagement plays a pivotal role in the ever-evolving world of cryptocurrencies. With data from "SImilarweb", ICO Analytics was able to shed light on the shifting preferences of crypto enthusiasts across various platforms in April 2024.

After going through it, here are the key takeaways in my opinion. Binance, despite being the leader with 75 million visits, faced a -26% decline from March while Coinbase and BYBIT both experienced a significant drop of -31% and -21% respectively.

The biggest gain was experienced by Bitget, with an impressive +11% growth increase in web traffic in contrast to the negative trend, while the steepest decliner was KUCOIN with -39%, highlighting the volatile nature of user trust.

As exchanges adapt and enhance security, attracting and retaining users remains a challenge.

What is causing this significant decline though?

Lots of factors causes decline probably users loss of confidence in the platform, lack of quality service, non compliance with regulations & transparency or the general crypto market trend. All the same the cex that gained an increase in web traffic needs to be commended. My idea is they're doing something right..