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Should I be staking all the things?

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by COINS NEWS 176 Views

Hello! Moonless novice here trying to make sure I’m not missing out on anything…

Is staking a no brainer for anything you plan on hodling?

I recently found out about an OPUL staking opportunity on KuCoin (35%!) and then noticed a bunch of other coins I hodl were also available to stake on KuCoin (MATIC, DOT etc).

Should I move these coins from Coinbase to KuCoin just to stake them?

I guess there may be gas fees involved but aside from that are there any reasons to avoid staking?

Not sure about the risks involved here so any advice is much appreciated.

submitted by /u/praveensharma
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