Crypto noob with a question. I've only got about 2k (cad) worth of ether on the Newton exchange but it's a pretty considerable part of my portfolio as a college student. My question is does it make sense right now to take my crypto off an exchange in order to stake it? The reason I ask is because with gas fees so high I imagine it'd take about a year of staking to earn back what I spend taking it off the exchange. Am I better off just waiting for gas fees to go down? Thanks in advance for any insight.
Edit: added the word ether
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments