Evaluating the ‘Big 3’ staking exchanges: Coinbase, Binance and Kraken

Quick Take

  • The three big “staking” exchanges – Coinbase , Kraken, & Binance – now account for 19% of all Tezos that are currently staking
  • All 3 of the exchanges have become the largest validators that offer staking services on the Tezos network
  • Independent, non-custodial services such as Cryptium Labs have experienced diminishing rewards over the past two quarters while exchanges have experienced high growth for their services.

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Evaluating the ‘Big 3’ staking exchanges: Coinbase, Binance and Kraken written by John Dantoni @ https://www.theblockcrypto.com/genesis/60528/staking-exchanges-coinbase-binance-kraken?utm_source=rss&utm_medium=rss April 2, 2020 John Dantoni

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