New to Ethereum soon (wallet, staking etc)

Cryptocurrency News and Public Mining Pools

New to Ethereum soon (wallet, staking etc)

Hi all. Just getting into Ethereum once my ledger x arrives. Please be patient with any stupid question of mine as I'm genuinely trying to learn.

I know these dumb questions might annoy some so I do apologise in advance.

I have a ledger wallet arriving in 1.5 weeks time and will be getting some Ethereum using Kraken. I won't be able to stake independently unfortunately as 32 ETH is out of budget, as is 16 which is a soon to be possibility with some pools.

I'd love to keep the eth with kraken and stake there but all it takes is 1 bad breach into kraken and you're in danger, hence the ledger x purchase.

Now I know with Ada you can move it to the ledger x, then to yoroi and stake that way, being secure.

What's the best option for someone like me. Who will be getting ethereum soon. Do I get the eth through kraken and stake there? Or do I just throw it into my ledger x and hodl with no staking.

There's probably an easy and obvious answer but my ignorant/new mind to this can't figure it out

submitted by /u/MK19888
[link] [comments]