Hey there! I have quite some experience with staking, as I’ve been into crypto since 2020 and have had the time to explore.
Basically it depends on what coin you want to stake as you can find various deals across the board. In general though, my advice would be that if you stake your coins on a centralized exchange you should be aware that in the event of a hack they might get stolen. That is why I personally put half to stake and the other half i keep somewhere safe, like a hardware wallet.
Staking natively is quite hard to do if you are a beginner. The only coin I stake in this way is Cardano using Deadalus Wallet. Thought I am very looking forward to a new Cardano Wallet which is launching its MVP in about a month, which will make everything much simpler even for cross chain compatibility. The name is CardWallet btw.
To conclude, if you plan on being a hodler for the longterm staking is definetily worth it, and apart from the gains you make it also helps Proof of Stake chains to become more secure. Hope you find this info useful
Yeah I was looking into staking natively for the reasons you cited. However, I read the documentation and I was astounded at how complex it was lol. I might try and read up again this weekend to see how far it can get me.
Also, I think I’m finally going to join the ADA club. The FOMO is real.
BNB can be staked in Trust Wallet, Ada - in Exodus or their own wallets like Yoroi or Daedalus, Dot is usually staked on the native wallet by Polkadot. It is really simple, to be honest. usually I get the coins via margex.