Fees in the staking process (from exchange to Yoroi)

It’s my first time staking and I was surprised by the fees involved in the process of sending coins from exchanges to the wallet where they will be staked. These are the fees I paid:

  1. Sending from Binance to Byron wallet in Yoroi: 1 ADA (fee)
  2. Sending from Byron to Shelley: 1 ADA (fee)
  3. Delegating on Shelley: 2.17 ADA (fee)

Is there any other way to do it more efficiently with fewer fees?

1 Like

Send from binance directly to shelley wallet.
the 2 ADA for delegation registering… u will receive back after u will deregister the wallet from staking



Thank you Alex!

1 Like