Cool stuff, if you do buy RDD and don't want to set up a wallet locally, I recommend sending it to BTCPOP, even a small amount should get you some return. Much better then leaving it on an exchange not growing a all!
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seems like the caution against leaving your coin on an exchange would also apply to leaving it on a site like btcpop. Bottom line if you don't control it, someone else does.
Absolutely true, but if you are willing to accept that risk, then it does simplify the staking process.