WANT TO STAKE YOUR CARDANO FOR PASSIVE INCOME? DO THIS FIRST!

WANT TO STAKE YOUR CARDANO FOR PASSIVE INCOME? DO THIS FIRST!

Staking Cardano is SIMPLE but you’ll have to first be able to transfer it off of an exchange and into a wallet that you control. Better yet, why not leave it on the exchange and let them do it for you? In this video I talk about the pros and cons of that as well as HOW to transfer your ADA off of exchanges, into your daedalus wallet and finally how to delegate / stake your cardano.

0:00 – OVERVIEW
0:56 – Should I stake ADA?
2:30 – Exchanges v. Stake Pools for yield
4:23 – Download Daedalus wallet
5:31 – How to transfer ADA to Daedalus (COINBASE)
10:45 – How to transfer ADA to Daedalus (VOYAGER)
13:08 – Voting on Cardano
13:31 – Delegating to a SPO (Stake Pool Operator)

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*I am NOT tech support! If you have an issue with a wallet or exchange contact THEM DIRECTLY! (if you really want their attention, shout at them on TWITTER!)

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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! This channel is for entertainment purposes only and is just my opinion as I am not an expert or a financial planner. Please perform your own research.

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