Exodus Wallet and Cosmos. A Bang for a Buck.

in LeoFinancelast year

This is not investment advice.
It's just my first @inleo post

One of my earliest crypto wallets was Exodus. I like it. It is secure. I still use it. I use it to stake my Cosmos holdings.
Why? I enjoy the almost 19% return on Cosmos tokens annually via staking with Exodus. The downside is the 21-day unstaking period. Still, it is unlikely to miss a market if you are a trendline watcher, as opposed to a pop-seller.

As is obvious, 19% APY can be taken as misleading in a down-trending market. **It's not. ** 100 staked Cosmos tokens will yield 18.97 (current APY) cosmos tokens after 365 days when staked using Exodus. Only the token market value changes.

Lastly, I mention Exodus here frequently because the 18.97 stake APY is available with Exodus (to me). Coinbase offers 9.22 APY (to me) on Cosmos staking. Staking and Hodling is not for everyone, but diversifying some assets into crypto may prove to be a worthwhile endeavor. Stay positive. Abundance is everywhere.

Posted Using InLeo Alpha

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