Here is a short video I made to discuss possibilities of being able to stake your ADA holdings while still on an online Exchange.
Is this something we really want to aspire towards? Is there a reason why individuals would want to trust a third party exchange to hold funds instead of holding them in cold storage/desktop wallet?
I figure, some people do. Being that I received a lot of personal questions on this topic from others. Some people may not want the personal responsibility of securing their crypto, and managing their own delegations. I personally don’t aspire towards this concept.
See this post:
Can’t quite put my finger on that one
“Enterprise address : Staking is not possible. This address type is meant for exchanges, who are not supposed to use funds entrusted to them for protocol participation.”
Exactly, and it s a good measure in my opinion