Currently storing ETH on coinbase because of how easy it is to stake, but I was wondering if there are any safer options out there to self custody and stake ETH

  • FL_Squirtle@alien.topB
    link
    fedilink
    English
    arrow-up
    1
    ·
    10 months ago

    No it’s not. Coinbase doesn’t allow users to own the keys to their wallets, which means if you store with them they own your coins.

    Absolutely NO exchange is safe to store funds.

    Get a hardware wallet or use MetaMask or another digital wallet that provides you with your keys.

      • FL_Squirtle@alien.topB
        link
        fedilink
        English
        arrow-up
        1
        ·
        10 months ago

        I’m not saying MetaMask is the best option. Hardware is. I’m saying the issue lies with the fact that if you don’t own the keys to where the coins are stored, you don’t own those coins.