Is Crypto staking risky?

You're right — crypto staking, especially on centralized exchanges (CEXs), can be a good passive income tool, but it's not risk-free.
 
had a friend lock ETH at 7% APR, price tanked 30%, profits evaporated
rule of thumb: stake solid coins, diversify platforms, never put all eggs in one basket :)
 
Good question. Im curious too about which CEX has the best staking returns with least headaches.
 
It depends
How long are you going to stake your coins? 99% coins are not reliable enough to be staked for years, they will just die or lose most of their value
For a few months it can be less riskier, but even so, it's not recommended for most coins
 
Most relevant to me is the steaking of the Stablecoins.
 
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