| frozenchief |
06-02-2021 12:46 PM |
Quote:
Originally Posted by eDave
(Post 15694297)
Kraken is a far better exchange as well. I can't speak for CB, but Kraken allows you to stake ADA right on the exchange for a weekly 5% coin reward. You can also use ADA's Yoroi wallet to stake in a pool of your choosing for rewards every 5 days.
IMO, it's the best place to park your crypto.
|
I park my crypto on a Nano hard wallet and I use Daedalus Mainnet for ease of use, mainly because Nano has not made it easy to store ADA. I understand that is more of an issue with ADA than Nano and there are plans to change this sometime in the future.
I do this mainly because I think security is better on a drive that I control. The main issue I see with people using Nano is that they lose their 24 word passcodes, which is one reason to use the Daedalus with your Nano. Staking with Daedalus is also super easy.
I've read good things about Yoroi in general but I use a Mac and other users have said that Daedalus works better with a Mac than Yoroi. When I was first looking into this, one could use Yoroi with a Mac but it required an extension with Chrome browser and just looked to be a pain. Daedalus was simple to download and use as a straight app. |
