To participate in the staking of the exchange, you need to register, pass KYC, and actually store funds on the exchange. Technically, nothing prevents you from delegating Tezos from your personal wallet to any validator, including the Exchange. Most wallets do not warn that Exchanges are custodial staking services and allow users to delegate Tezos from their personal wallets without seams. The problem is that users who delegated to exchanges directly from their wallet will never receive their staking rewards since they do not store their funds on the exchange.Read the full research
Submitted July 15, 2020 at 03:14PM
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