Don’t stake your ADA with Coinbase! (Urgent Warning)

There is an urgent warning: don't stake your ADA with Coinbase! Multiple reasons for this include loss of staking rewards, mass centralization of ADA coin across Coinbase's control, and loss of an amazing defi ecosystem.

They always say, "not your keys not your crypto", and in this case, that's true. The Cardano blockchain is resilient, and aiming to become more and more decentralized. This only happens when you do your part by removing your Cardano ADA from Coinbase and similar exchanges.

✝️ "Who of you by worrying can add a single hour to your life? Since you cannot do this very little thing, why do you worry about the rest?" Luke 12:25-26

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[christianweber]

Thanks for the content. I will have a look for the wallets you are using.

[Spoon]

Thanks for the information. I am late in seeing this content, but better late than never right. Question: What do you think about staking on EToro?

[Doom.Shiesty]

Im having trouble unstaking my ADA. It was a mistake staking on there. They have taken away the prompt to unstake for me.. how do I fix this ?

[garylang]

Another reason. If in California, the state does not allow the exchange to stake. Happened after the fiasco with Celsius and BlockFi lending.

[yambhandari]

Nice information thanks for updating, if you have your SPO? Name please...

[humblebeats]

If you are in certain states . Can't even stake ADA on coinbase

[drpaine]

I stake with "AOS" army of spies is a great channel and advocate for Cardano

[bendernx]

AND what do you think Coinbase is doing with that ADA? Guarantee they are occasionally selling that extra ADA and influencing the price

[titans]

Coinbase wont let me transfer the ADA off.

[ablamill]

I just saw a video where SlumDOGE Millionaire (legend :D) was talking about him staking his 1million ADA bag.
He also reasoned that the secure liquid staking is the exact reason he is not really planning to sell any of it but
instead just to live off from the staking rewards.

[drpaine]

why would you.. hold on a hardware wallet and stake it yourself. I prefer Kraken to Coinbase..

[ericrehbergrehberg]

Lol I got fucked. Cant end staking in Germany xD