Hacker News new | ask | show | jobs
by BitwiseFool 1225 days ago
That may indeed be "easier", but self-custody requires a high level of confidence in your own ability to set things up properly and securely. And equally high confidence that your machine and wallet won't be compromised. I'd also say that getting to that point is difficult, unless someone is willing to play around with a test-net and not learning with their real balance.

There's definitely an appeal when it comes to having an exchange manage this all for you, even when they take a fee for doing so.

1 comments

You can also just buy and hold a token like rETH too. This token gives you rewards from a decentralized staking network automatically.

Holding a token on a hardware wallet is very easy to do these days.