Algorand
$0.5182 16.80%
ALGO · 2w

Algo newbie looking for some answers

Hello, I am new to the Algo community and just recently began investing. I'm curious if you get better Algo staking rewards by holding it in Coinbase (6% APY) or to transfer them into the Coinbase wallet? Or is there an even better place to store them? I'm a huge fan of the compound interest aspect of this crypto, though I'm a little skeptical about the rewards I've been receiving. Coinbase claims to offer 6% APY; is that everyday? Do they take out some of my rewards to keep for themselves? I don't feel like the numbers add up to 6% a day in my rewards. When I do the math I'm only receiving 0.015% per day in rewards. Am I missing something?
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