How do you stake your ETH?

[sampoerna]

I don't have a lot of ETH like you, so I don't do Ethereum staking.  A few years ago when ETH was around $200 I was stacking it on the Binance exchange. Because staking means leaving your coins in the hands of others which is very risky because in case of cryptocurrency if you don't have your coins in non-custodial wallet you don't own it completely.

I also did that staking.
Small ETH and also small BNB amount.
the result???
I did it for a long time, but the result was very small, and the fee was also deducted. So I was lazy to stake again. Moreover, we really can't do anything with our coins when they are staked. That means, since then, I have been doing it. It's better to choose short-term trading in the Spot Market, the results are sometimes quite good. but I'm not diligent. but this is more worth it for me who has a small capital.

[MUGNIA]

because I don't have a lot of ETH if I bet it won't get maximum profit so it's better for me to save it in my wallet, while I collect it little by little so that one day I can stake  it on Binance or a trusted exchange that can bet ETH and even other coins.

I don't have a lot of ETH like you, so I don't do Ethereum staking.  A few years ago when ETH was around $200 I was stacking it on the Binance exchange. Because staking means leaving your coins in the hands of others which is very risky because in case of cryptocurrency if you don't have your coins in non-custodial wallet you don't own it completely. Because at that time you will not have full control of that coin. Because of this, if the platform you do your staking on refuses to give you ETH back, you have no chance to get them back. So I don't like staking.

The risk of staking is that, that's why I prefer to keep it in my wallet and sometimes I use it as capital to trade on the exchange, after I get enough profit I hold it again

[ABCbits]

We know that staking is very good from cryptocurrency market. But we also know that all crypto currency market is also depending on risky. But we told that staking is not very risk for us. We also know that binance is one of the best crypto exchange in this time, when i want to stake our currency i think binance is the best exchange for me. Because i believe that binance is one of the best safty exchange for me. But i think trading is better than staking. So trading or staking i use binance exchange.

I also do staking on binance all this time. Binance is the biggest exchange and I spend a lot of my time trading there. So far I do it both trading, staking etc. on binance is safe and there is no doubt binance provides security for its users. I do not try to do staking on other exchanges, because I trust binance more than others.

I'm sure you're heard risk of storing coin on exchange. But aside of that, how do you handle high Binance withdraw fee? After all, it could take profit from staking unless you stake tons of ETH on Binance.

[summonerrk]

At the moment, my share of Ethereum in the portfolio is 20 percent. It is a great asset and I bought it at 2300 recently. Ethereum has already shown a 10 percent growth over the past week. It is necessary to hold until 4k, this is the resistance line of All time. A fall to 2000 is possible, but there is a chance that it will not happen.

[libert19]

There are several staking/restaking service lately to park your ETH, I stake where there is chance for an airdrop and project looks decent. I have staked my ETH currently on Swell [1] to farm their pearls which will be converted to airdrop soon.


[1] https://www.swellnetwork.io/

[royalRitta]

There are several staking/restaking service lately to park your ETH, I stake where there is chance for an airdrop and project looks decent. I have staked my ETH currently on Swell [1] to farm their pearls which will be converted to airdrop soon.


[1] https://www.swellnetwork.io/

Thanks, never saw it on my radar
I stake ETH mainly on OKX and though it doesn't offer something unique, it's just there and secure way, in my opinion.

[malah]

We know that staking is very good from cryptocurrency market. But we also know that all crypto currency market is also depending on risky. But we told that staking is not very risk for us. We also know that binance is one of the best crypto exchange in this time, when i want to stake our currency i think binance is the best exchange for me. Because i believe that binance is one of the best safty exchange for me. But i think trading is better than staking. So trading or staking i use binance exchange.

I also do staking on binance all this time. Binance is the biggest exchange and I spend a lot of my time trading there. So far I do it both trading, staking etc. on binance is safe and there is no doubt binance provides security for its users. I do not try to do staking on other exchanges, because I trust binance more than others.

I'm sure you're heard risk of storing coin on exchange. But aside of that, how do you handle high Binance withdraw fee? After all, it could take profit from staking unless you stake tons of ETH on Binance.

To overcome Binance’s high withdrawal fees, the first step is to choose a cheaper alternative network, such as Binance Smart Chain (BSC) instead of the expensive Ethereum network. Another common strategy is to wait until you have a larger amount of coins before making a withdrawal, so that the fees incurred are more proportional to the value of the assets being withdrawn. Additionally, paying attention to transaction times and waiting for a time when network fees are low can be an effective way to save money. If you are considering staking, be sure to compare the benefits you get from staking on Binance with the options of staking on a personal wallet or other platforms that may be more profitable. A combination of optimizing the network used, managing withdrawal times, and evaluating staking rewards can help reduce costs while maximizing profits.

[ABCbits]

We know that staking is very good from cryptocurrency market. But we also know that all crypto currency market is also depending on risky. But we told that staking is not very risk for us. We also know that binance is one of the best crypto exchange in this time, when i want to stake our currency i think binance is the best exchange for me. Because i believe that binance is one of the best safty exchange for me. But i think trading is better than staking. So trading or staking i use binance exchange.

I also do staking on binance all this time. Binance is the biggest exchange and I spend a lot of my time trading there. So far I do it both trading, staking etc. on binance is safe and there is no doubt binance provides security for its users. I do not try to do staking on other exchanges, because I trust binance more than others.

I'm sure you're heard risk of storing coin on exchange. But aside of that, how do you handle high Binance withdraw fee? After all, it could take profit from staking unless you stake tons of ETH on Binance.

To overcome Binance’s high withdrawal fees, the first step is to choose a cheaper alternative network, such as Binance Smart Chain (BSC) instead of the expensive Ethereum network. Another common strategy is to wait until you have a larger amount of coins before making a withdrawal, so that the fees incurred are more proportional to the value of the assets being withdrawn. Additionally, paying attention to transaction times and waiting for a time when network fees are low can be an effective way to save money. If you are considering staking, be sure to compare the benefits you get from staking on Binance with the options of staking on a personal wallet or other platforms that may be more profitable. A combination of optimizing the network used, managing withdrawal times, and evaluating staking rewards can help reduce costs while maximizing profits.

1. Choosing to withdraw certain coin to BSC network means you get tokenized token rather than the coin itself. In addition, you need to trust Binance on this matter.
2. Waiting for TX fee on the network going down doesn't help that much, when Binance take profit from withdraw fee.