Cryptocurrency Q&A
What staking does Coinbase support?
What staking does Coinbase support?
Elena
Wed Jun 19 2024
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5 answers
1156
In the realm of cryptocurrency and finance, many platforms offer staking services to their users, but Coinbase stands as one of the leading names. Could you elaborate on what staking options Coinbase currently supports? I'm particularly interested in understanding which cryptocurrencies are eligible for staking, as well as any specific conditions or requirements that need to be met. Furthermore, I'd like to know if there are any staking rewards or incentives available for Coinbase users and how they are calculated. Lastly, is there a dedicated section on Coinbase's platform that provides detailed information on staking, or would you recommend any additional resources for further understanding?
5 answers
JejuSunrise
Fri Jun 21 2024
Ethereum (ETH) and Ethereum Liquid Staking (LsETH) are also options for staking on Coinbase Prime. Ethereum staking enables holders to earn rewards for participating in network security.
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EmeraldPulse
Fri Jun 21 2024
Cardano (ADA), Polygon (MATIC), and Kusama (KSM) are further cryptocurrencies that can be staked on the Coinbase Prime platform. These coins offer staking incentives to their communities.
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QuasarStorm
Fri Jun 21 2024
Other emerging cryptocurrencies supported for staking on Coinbase Prime are Sui (SUI), Axelar (AXL), and the Near protocol (NEAR). These projects leverage staking to promote decentralization and network security.
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SumoPower
Fri Jun 21 2024
Coinbase Prime offers staking services for various cryptocurrencies. These assets include Avalanche (AVAX), Solana (SOL), and Tezos (XTZ), among others.
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Silvia
Fri Jun 21 2024
Additional coins that can be staked on Coinbase Prime are Polkadot (DOT), Cosmos (ATOM), and Celo (CGLD). These cryptocurrencies provide staking rewards to holders.
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