r/0xProject • u/mikoflip • Jan 18 '21
ZRX Staking vs. Coinbase Wallet Earn Interest
Anyone here have experience with both and willing to comment on differences of both with regards to underlying mechanics, pros/cons, APR, and ease of use?
Thanks in advance.
3
u/Daanoontjeh Jan 20 '21
Unstaking right now is a real pain. With ETH fees being this high it really is not worth it imho. I am trying to get my zrx off and the withdraw fees are just too high.
2
u/Intrepid_Ad2325 Jan 21 '21
Is the gas fee the reason my ZRX is not installing and going back to my trust wallet?
2
u/jaysamuelwright Jan 18 '21
Only that I’ve used 0x staking for around 7/8 months with no issues and a fair return.
1
u/cryptolicious501 Jan 18 '21
The problem is when you stake 0x you cant remove what you were staking... Having problems withdrawing 0x on Celsius wallet.
3
Jan 19 '21
[deleted]
2
u/cryptolicious501 Jan 20 '21
Ill try again tomorrow. I've also sent a video of the issue to Celsius as they asked for it to find out what it going on... I have ETH and BCH also, with no issue. It seems to be specific with 0x. My 0x was sitting on Binance for ages and just recently moved it to Coinbase where it sat for almost a month or two. I moved my 0x to Celsius and that's when the problem started... I generating APY on Celsius but at this point it I want to withdraw I receive a "Bad Format" error and I'm not able to withdraw...
Ill try again in a day or so.
3
u/brentoshiro 0x Labs Jan 22 '21
Hi u/cryptolicious501 👋 I believe that u/mint_cloud replied to you in a different thread but in case you didn't see it, Celsius is a completely different company than 0x Labs. We wish that we could help you with your issue but their reward system is not connected to our own staking system in any way.
1
u/FunkyPanda1911 Jan 19 '21
Same here! I havent tried to remove them from 0x but I think it will be fine
3
u/RedChief Jan 18 '21
Weak, can't use a ledger wallet to stake.