GM Geckos! We focused mainly on centralised staking for this video, but we'll cover one on decentralised staking soon. We are simply explaining what centralised staking is, its benefits and risks - and we're not in any way asking our viewers to participate in centralised staking or choose one over another. It is important to weigh the potential risks and benefits of centralized staking and make an informed decision about whether or not to participate.
Do not stake on centralized exchanges people.....whole point of crypto is self custody, stupid to even make a video like this before a decentralized self cuatody staking video. Negates the whole point of owning ceypto
That's why I stakes Cardano. It's non-custodial, we only delegates our Cardano to the intended pool, meaning that it never leaves our wallet. It can also be unstake any time in the moment in case we want to sell it.
@@scottspeck4883 I have cryptocurrency coin that we can stake it and its give 6% to 11 % per month its depends on your investment. I have gain more than my investment and my stake coin price also growing i but at 0.35 cent and it touch 3 dollar last month but now it is 1 dollar so i am in more profit. I am not telling lie this 100% Genuine i can give you the bank statement. IF anyone interested then reply me we make money together❤.
@@scottspeck4883 I wouldn't use ledger personally seen a lot of negative things about ledger on many website in peoples reviews really was considering a ledger if your ever looking for a new wallet tangem wallet is the best around currently
Cardano ADA staking does NOT lock up your assets. It's more like a high yield savings account because you still have access to all of your funds and use it whenever you want to. You just earn interest/rewards on what is still in your wallet at each snapshot every epoch (5 days). ADA staking is not hard outside of centralized exchanges. CEX's make it easier but creating your own wallet, withdrawing to your wallet, and controlling your own assets is always best.
Are your Coins protected even though the market tanks?? Im aware that when the market tanks also my coins, I guess my question is what ways can i loose my coins apart from market tanking??🤔
Point 1. Can you explain how the drops in price, can easily out weigh the rewards you earn from staking? Can you explain? I don't believe this to be true
Basically the value of the crypto drops to a point that the rewards you gain from the interest become less The flip side of course is if the token pumps then your returns are healthier It’s risky but above losses are mostly associated with a market dump
Who can tell me how to transfer USDT from OKX wallet to Binance? There is only a seed phrase: head isolate sound end kit industry choice festival limit stable dolphin derive
GM Geckos! We focused mainly on centralised staking for this video, but we'll cover one on decentralised staking soon.
We are simply explaining what centralised staking is, its benefits and risks - and we're not in any way asking our viewers to participate in centralised staking or choose one over another. It is important to weigh the potential risks and benefits of centralized staking and make an informed decision about whether or not to participate.
Do not stake on centralized exchanges people.....whole point of crypto is self custody, stupid to even make a video like this before a decentralized self cuatody staking video. Negates the whole point of owning ceypto
hi have you please heard about the KMX?
poor information to sell your referral
That's why I stakes Cardano. It's non-custodial, we only delegates our Cardano to the intended pool, meaning that it never leaves our wallet. It can also be unstake any time in the moment in case we want to sell it.
Hi Muhammed may i learn more about staking from you
Do not stake on centralized exchanges, self custody all your crypto and stake from the wallet. Not your keys not your crypto
@Hackbanzer 👈👉 Telegram screw of scammer
How to get wallet?
@@parthpatel717 i bought a ledger from bestbuy
@@scottspeck4883 I have cryptocurrency coin that we can stake it and its give 6% to 11 % per month its depends on your investment. I have gain more than my investment and my stake coin price also growing i but at 0.35 cent and it touch 3 dollar last month but now it is 1 dollar so i am in more profit. I am not telling lie this 100% Genuine i can give you the bank statement. IF anyone interested then reply me we make money together❤.
@@scottspeck4883 I wouldn't use ledger personally seen a lot of negative things about ledger on many website in peoples reviews really was considering a ledger if your ever looking for a new wallet tangem wallet is the best around currently
The visuals you used in this video made it even better!
Thanks for highlighting the importance of security in crypto transactions.
I have watched many videos on crypto and this is the first one I watched twice - loved it
I believe "watched twice" is a bad sign for informative video, it implies that you didn't understand it from the first try
Appreciate the time you took to create this. I’ve been following your advice and sharing my journey on my channel too.
Cardano ADA staking does NOT lock up your assets. It's more like a high yield savings account because you still have access to all of your funds and use it whenever you want to. You just earn interest/rewards on what is still in your wallet at each snapshot every epoch (5 days). ADA staking is not hard outside of centralized exchanges. CEX's make it easier but creating your own wallet, withdrawing to your wallet, and controlling your own assets is always best.
Are your Coins protected even though the market tanks?? Im aware that when the market tanks also my coins, I guess my question is what ways can i loose my coins apart from market tanking??🤔
Is revolut good for staking?
Yes
How do you calculate APY? Say it reads 20% APY, is this for a year or something else?
*I thought I understood staking untill I watched this*
If you stake on Coinbase, do you earn rewards in addition to the interest rate? Or is the interest the only reward?
Interests are the only reward. Are you currently staking on Coinbase? Wouldn’t recommend staking on centralized exchanges like Coinbase.
@@charlesbenjamin9048 what platform do you use to stake?
@@charlesbenjamin9048what exchange do you recommend?
ADA Staking on Cardano decentralized staking pools don't have risks like other blockchains..
No lock-up period
No counter party risk/slashing
Point 1. Can you explain how the drops in price, can easily out weigh the rewards you earn from staking? Can you explain? I don't believe this to be true
Basically the value of the crypto drops to a point that the rewards you gain from the interest become less
The flip side of course is if the token pumps then your returns are healthier
It’s risky but above losses are mostly associated with a market dump
I enjoyed this and learning more
now to start investing!!
This is the easiest to understand that I have seen so far . . . . however, I am still not getting it.
Really good and appreciative
simple and informative thanks
good video, informative
Informative
No doubt
🎉thanks
Who can tell me how to transfer USDT from OKX wallet to Binance? There is only a seed phrase: head isolate sound end kit industry choice festival limit stable dolphin derive
It's easy you just have to copy the address of the exact network before transfer
thanks for the information it was very good
Yeah right
good videos here
good to learn from
“Kray ken?”
Thank you.
Not your keys not your coin. Don't trust CEX
This was such a detailed guide, I’ve learned a lot here. Just posted something related on my channel, would love your feedback.
Im still no getting it
Okay. What don’t you understand?
@@bygrisharaven4805what’s the difference between trading and staking ?
@@alphasunset2647I disagree
@@bygrisharaven4805 i have question. My staking tokens still increase in market value or not?
@bygrisharaven4805 how can you lose money by staking?
anyone using crypto signals? Recommend the best provider
Yes, check MyCryptoParadise their signals are accurate.
Let’s work together
So push Button just on. Andd you get More profit from doing nothing? I dont buy this....
Cray-ken lol
tolle hupen
🌼✅✌️🌼
good videos here