$2.35 2.75%
ADA · 4w

Why shouldn’t you stake in an exchange?

I’m currently staking my Ada in Kraken, I downloaded Daedalus and saw that the rewards I would get on the best stake pools there are still significantly lower than what Kraken pays me every week. The main reasons I understood on why you should not stake in an exchange is privacy and helping decentralization but Kraken (at least imo) is the most secure exchange out there and I don’t own that many Ada so I’m not really making a difference in Decentralization. So should I just keep staking on Kraken or is there a big thing I’m missing?
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