I just began earning rewards on my FET tokens using the crypto.com platform with a 2.79% annual return rate. I picked this exchange because it seemed trustworthy for someone new to earning passive income from crypto. However, I saw that the ASI wallet also offers reward earning options. I’m curious about what platforms other people use for their FET tokens that are both secure and offer good returns. Are there better alternatives out there that might give higher rewards while still being safe to use?
crypto.com is good for starters, but i found binance offering 4-6% on FET staking and it’s been secure for me over 2 years. just remember, higher returns usually mean more risk involved, so be careful.
Hey Hugo! Funny timing - I’ve been digging into FET staking too. There are so many options out there.
How’s crypto.com treating you? Notice any differences with FET rewards vs other tokens you’ve staked there? And that ASI wallet mention caught my attention - you thinking about spreading across platforms or consolidating everything?
Why’d you go with the 2.79% rate first instead of jumping to higher yields? I’m wrestling with that security vs returns balance myself, and you seem pretty methodical about it.
Any thoughts on FET defi protocols? I keep hearing mixed reviews about whether the extra hassle is worth the potential gains. What’s driving your platform research - just APY or other features too?
Skip centralized exchanges and stake directly through Fetch.ai’s network instead. I made this switch about six months ago and get better returns - usually 3-5% depending on which validator you pick. Plus you keep control of your tokens while earning rewards. There’s a catch though. Native staking locks up your tokens during unbonding periods, so you can’t access them as quickly as exchange staking. You’ll also need to do your homework on validators since their performance directly impacts what you earn. Watch out for high commission rates that’ll eat into your profits. About that ASI wallet - I’d double-check it’s legit. The FET space has attracted some sketchy platforms lately. Always verify through official Fetch.ai channels before sending any funds to new staking services.