The main difference between liquid staking and exchange staking lies in control and flexibility. Exchange staking is designed for simplicity, allowing beginners to earn rewards by keeping their coins on an exchange that manages the entire process. Liquid staking, on the other hand, allows users to stake their assets while still retaining liquidity through derivative tokens that can be used elsewhere https://axiumtech.net/liquid-staking...for-beginners/. For beginners, exchange staking feels more familiar and easier, while liquid staking introduces more freedom but also requires a basic understanding of wallets and DeFi concepts.