Don’t stake it. I’m not sure why you’ve purchased an asset you never plan on selling, but either way, staking a couple eth is not going to earn you very much money in passive income, assuming that’s your goal, because you never plan on selling. At the current return of 4.69 you’re only earning less than 0.1 eth *per year*. Yay you earned $200 at current value, money that could have easily been made on a couple of trades.
You are not better off on a centralized exchange. If it were me, I’d put it in a hardware wallet and forget about it for a few years. I’d only stake ETH if I had enough to run a node. I wouldnt use lido, I wouldn’t use coinbase or any other centralized entity.
Honest answer?
Don’t stake it. I’m not sure why you’ve purchased an asset you never plan on selling, but either way, staking a couple eth is not going to earn you very much money in passive income, assuming that’s your goal, because you never plan on selling. At the current return of 4.69 you’re only earning less than 0.1 eth *per year*. Yay you earned $200 at current value, money that could have easily been made on a couple of trades.
You are not better off on a centralized exchange. If it were me, I’d put it in a hardware wallet and forget about it for a few years. I’d only stake ETH if I had enough to run a node. I wouldnt use lido, I wouldn’t use coinbase or any other centralized entity.