Coinbase Staking Page

How to stake crypto on Coinbase and earn staking rewards.

  • Learn how to stake crypto on Coinbase and earn staking rewards
    • with Ethereum 2.0 (ETH2), Tezos (XTZ), Cosmos (ATOM), and more.

To Open the Coinbase Staking screen

  • After signing in to Coinbase, open up another tab in your browser, and go to:
  • The page displays the following text:
    • Learn how to stake crypto on Coinbase and earn staking rewards
    • with Ethereum 2.0 (ETH2), Tezos (XTZ), Cosmos (ATOM), and more.
  • The large blue “Stake now” button
  • more text:
    • Coinbase ETH2 staking waitlist is only available in certain regions.
    • We are always working to bring our services to all our users.
  • Further down the page is the following text:
    • More assets, more rewards
    • Earn more by holding assets that generate rewards. We’re adding more assets all the time too.
  • Then a chart of 6 cryptos
Ethereum
4.50%
Algorand
4.00%
Cosmos
5.00%
Tezos
4.63%
Dai
2.00%
USD Coin
0.15%
Six Cryptos and their “APY Interest Rate” (Annual Percentage Yield)

After clicking the blue “Stake now” button

  • The following screen appears.
I don’t own any ETH
  • Switching gears temporarily to the “Settings” screen.

The switch to turn on rewards

  • Somewhere I read there were switches to turn on to retrieve rewards if you own or buy these coins.
  • To get to the proper “Settings” page
  • Open a new tab in your browser and go to:
  • Select the “Financial services” tab
  • Note: there are several switches for 5 different cryptos:
    1. USD Coin
    2. Dai
    3. Tezos
    4. Algorand
    5. Cosmos
  • Back to the “ETH2 staking” screen.

After clicking the blue “I understand” button

  • Again, I don’t have any ETH
  • How do you stake the other crypto coins ?

After clicking the white “Learn more” button

  • This screen gets displayed
  • 2 screenshots above, you can see my ETH balance was zero.

Recently bought ETC

  • I bought some ETH so I can try this out.
Recently bought ETH
  • Let’s see what happens now, when I go to the “Stake Ethereum” screen.
  • click the blue “Stake now” button
    • the “ETH2 staking” screen is displayed
  • click the blue “I understand” button
Now there is a balance.
  • Where the zero is, I entered 100
  • then hit the blue “Continue” button
  • the “Preview Stake” screen is displayed
Preview Stake screen
  • press the blue “Stake Now” button
This verifies that your order was submitted.
  • click the white “View accounts” button
Assets – Ethereum 2 (ETH2)
  • Back to the “Assets” screen
Assets now reflect ETH2

Summary

  1. So far it seams that I can only stake ETH into ETH2
  2. I think the other way, is to just buy that particular crypto.

The Other Way

  • From Coinbase, not Coinbase Pro
  • Click the “For You” option in the left panel.
  • On the “For You” screen, click the “Get more crypto” option from the top of the screen.
  • This displayed 5 panels in the main part of the screen
  1. Yield & staking Jul 29
    • DAI Rewards are Available on Coinbase
    • Eligible customers can easily start earning 2% APY on their Dai (DAI) held on Coinbase.
    • the blue “Buy ALGO” button
  2. Yield & staking Dec 18
    • Algorand Staking Rewards are Available on Coinbase
    • Eligible customers can easily start earning 4% APY on their Algorand (ALGO) held on Coinbase.
    • the blue “Buy ALGO” button
  3. Yield & staking Sep 29
    • Cosmos Staking Rewards are Available on Coinbase
    • Eligible customers can easily start earning 5% APY on their Cosmos (ATOM) held on Coinbase.
    • the blue “Buy ATOM” button
  4. Earn crypto
    • Get $10 in Bitcoin, Invite a friend
  5. Yield & staking Nov 6
    • Tezos Staking Rewards are Available on Coinbase
    • Eligible customers can easily start earning 5% APY on their Tezos (XTZ) held on Coinbase.
    • the blue “Buy XTZ” button
  • These seem to be the only crypto you can buy on this page that is “staked”.

Articles