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Is it better to stake on Binance or an ADA SPO?

It’s better to stake with an SPO (stake pool operator) as you will be supporting the network and decentralisation. I’m not 100% familiar with how Binance staking works, however I do know that staking with a stake pool is very safe. You are always in control of your ADA and there is no lock up period. Are in currently in an ADA SPO?

What is Binance staking?

Binance Staking lets you earn rewards in a simple way – all you have to do is hold your coins on the exchange (more on this below). To get a better grasp of what crypto staking is, you’ll first need to understand how the proof of stake (PoS) consensus mechanism works.

Is it safe to stake on Binance?

I’m not 100% familiar with how Binance staking works, however I do know that staking with a stake pool is very safe. You are always in control of your ADA and there is no lock up period. Are in currently in an ADA SPO? Any youd recommend? My recommendation is also to stay away from staking on exchanges directly.

Is a truckload of Ada locked in a Binance Stake Pool good?

these are all good points but i can imagine one possibility where a truckload of ADA locked in binance stake pools is a good thing and that's in a sudden drop in the market. if ppl are unable to sell their staked ADA, wouldn't it stabilise the market to a degree when there's a sudden panic drop to 2018 levels?

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