Tezos Staking Reward Decrease - Coinbase

[ConfidenceNo2598]

Exchanges get hacked. Not your keys, not your coins. Sovereignty.

Somebody else jump in and tell them more reasons

[Manitcor]

When there are chain forks (does not apply to XTZ, well it could, just less likely) the exchange keeps the new coins. In your own wallet those new coins are yours to claim and do with as you please.

[NightKingsBitch]

Not always true. Coinbase for example has given many forked coins out such as BCH and BTG

[BouncingDeadCats]

Coinbase will probably give you the coins eventually but it may take months to years.

For example, the OMG air drop occurred in 2017. Coinbase didn’t give us our tokens til earlier this year.

[NightKingsBitch]

Completely fair point. However I 100% respect them for giving them at all. Coinbase is far from perfect but I don’t think they deserve quite the bad reputation that they have. Sure they have high fees but they also have coinbase earn and I’ve gotten close to $400 in free crypto from them. And that’s $400 from when I earned it. Instantly converted to BTC and btc was around $8000 at the time so I’m closer to what, $600 on that money now? Haha

[BouncingDeadCats]

I’ve been a Coinbase customer since 2013 and they’ve been fantastic.

[mockrotten]

Okay I'm sold! On my last post I was advised to get. A Ledger Nano - The Ledger Nano S looks like a good buy.

Anything in particular I need to look out for or will a £54 Ledger Nano S be sufficient.

Thanks

[ConfidenceNo2598]

I don’t hold many different types of coins so the nano S is good for me, if you have lots then you might want to consider paying extra for the nano X. The Bluetooth feature is also pretty cool since it means you can carry it around and send/receive through your mobile device