Where to stake BTC & ETH

Amazon
Twitchyy

Go to company page Amazon

Twitchyy
Apr 3 23 Comments

I finally got access to the Robinhood crypto wallet transfers about a month ago and I want to stake my assets.

Where are you guys staking BTC and Eth (assuming Eth 2.0)?

Correction:
For BTC it is lending not staking

23

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 TOP 23 Comments
  • Google
    πŸ₯œ TC

    Go to company page Google

    πŸ₯œ TC
    You don't stake BTC....
    Apr 3 1
  • You can stake ETH on Coinbase but the APY has been dropping steadily. Went from 7% to 3.68%. You're basically locking your coins away until ETH 2.0 happens and there is no way to withdraw. Even the staking reward is locked. Think carefully if you're patient and risk tolerant enough to do this. In terms of lending BTC, I'd stay away from it as you expose yourself to considerable risk. No point in maximizing profits on an already volatile asset unless you're okay with losing 100% of it.
    Apr 3 3
    • I'm staking only ETH that is profit, so it would suck to lose it but also wouldn't be the end of the world. I'm pretty sure Robinhood does not give you the option to transfer crypto, I'm not sure if that has changed in the past year.
      Apr 3
    • Amazon
      Twitchyy

      Go to company page Amazon

      Twitchyy
      OP
      They just released their crypto wallet, you can now transfer crypto in and out of Robinhood πŸ‘
      Apr 3
  • Red Hat
    zadasz

    Go to company page Red Hat

    zadasz
    can you stake ETH on your own in a software wallet? question for anyone
    Apr 3 2
  • New
    JHjc62

    New

    JHjc62
    Coinbase
    Apr 3 0
  • Sony
    meowsmeows

    Go to company page Sony

    meowsmeows
    Lido or buy rETH (Rocket Pool). If you have 16 ETH, you can run your own rocket pool mini pool.

    Otherwise, Coinbase/Kraken.
    Apr 9 2
    • New / Eng
      udiverse

      New Eng

       udiverse
      What are the current rewards with rocket pool ? If you have 16? And how difficult is it to setup one
      Apr 9
    • Sony
      meowsmeows

      Go to company page Sony

      meowsmeows
      You can use https://www.rocketpooltool.com to calculate your potential earnings. I don’t run a mini pool but from my understanding, you have to have a staking setup whether it’s on a local machine or VPS, and connected to the internet. There’s some documentation with steps on running it, and they also just released a cli which supposedly simplifies the entire process? Might want to head to /r/ethstaker on Reddit
      Apr 9