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Choosing a staking approach can be a trade-off between trust and convenience. Custodial staking is the process by which a third party stakes coins on users’ behalf. Non-custodial staking is the opposite. In this video, we explain the potential pros & cons of both hard wallet staking and soft staking approaches.
00:00 – Introduction
00:31 – Definition of “custodial”
00:42 – Custodial staking
01:25 – Non-custodial staking
02:16 – Custodial VS Non-custodial staking
02:39 – Outro
Learn more about CEX·IO Staking and start earning — https://earn.cex.io/staking
For more in-depth articles and guides, visit the CEX·IO University site — https://university.cex.io/
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CEX·IO is not engaged in the offer, sale, or trading of securities. No FDIC or SIPC protections are available. Please consult your own investment/tax professional regarding your specific circumstances. Rewards terms may change without notice and are subject to CEX·IO’s Terms of Use.
#staking #crypto #invest #hard #staking #hardwallet #cryptocurrency
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