Antwort auf: Staking ledger vs binance, Gebühren unterscheiden, Minimum zu setzen unterscheiden, etc?
There’s a few things going on here. First, you’ve got 2 distinct options: custodial or non-custodial staking provider. Then there’s the questions of rates offered and why. Then there’s network parameters (ex. DOT).
Ledger provides you the opportunity to stake natively, on-chain. This allows you to maintain sole ownership over your coins while securing the network and earning staking rewards for doing so. This is non-custodial staking in a nutshell.
Companies like Binance, for example, provide custodial staking solutions. They hold your coins, take on the technical overhead of managing staked assets, and take a cut of rewards while pushing most of it through to their customers. This CAN be the right option for certain users as I’ll explain below, but it’s generally bad for decentralization and diminishes your returns while bringing the risk of your custodian’s failure into the equation. We’ve seen some prime examples of services like Voyager and Celsius going insolvent recently while holding users assets and providing DeFi/ staking yield.
This isn’t to say that your risk profile is comprehensively diminished by self-custody staking. Users who stake their own assets are responsible for ensuring that they select reliable validators, as networks will typically slash validators that make mistakes, experience down-time, or act maliciously. It’s important to understand what staking means on each specific chain and to make sure you’re aware of your risks and responsibilities as a staker.
In general, self custody staking pays a bit better, but there are barriers to entry. The biggest one being the knowledge barriers. As with all crypto, staking has a steep learning curve. Some people don’t have time to figure it out and I frankly don’t blame them. Second, certain chains have minimums to earn rewards staking on-chain. Polkadot in particular currently requires >154 DOT bonded if you want a chance to earn rewards. That’s ~$1,000 US!
In your case, I’d recommend starting with the SOL. That’s a pretty straightforward experience in Ledger Live. After that, you can look into ADA staking we don’t support ADA staking in Ledger Live yet though, so you’ll have to connect your Ledger to a 3rd party wallet. Finally, the ETH and Matic both happen on-chain. ETH can be liquid staked with Lido, but if you want to run your own validator you’ll need 32 and some infrastructure. That’s its own beast. Matic seems relatively straightforward, just a bit pricey depending on ETH gas prices.
TLDR: Staking’s fun
Let me know what questions you have and don’t hesitate to reach out to us [here](https://support.ledger.com/hc/en-us/categories/4404376139409?docs=true) as well. Happy staking.