Can you stake on Coinbase?

The cardano (ADA) staking product from Coinbase is the company’s fifth staking service to date. Currently, besides ADA, Coinbase customers can stake tezos, ethereum, cosmos, and algorand . According to the Coinbase senior product manager, more coins will be added to the firm’s “staking portfolio in 2022.”

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How does staking work on Coinbase?

Via an exchange like Coinbase, you can contribute an amount you can afford to a staking pool . This lowers the barrier to entry and allows investors to start earning rewards without having to operate their own validator hardware. Staking is available to most Coinbase customers in the U.S. and many other countries.

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Is BTC safe to buy?

First things first: The money you put into Bitcoin is not safe from value fluctuations . Bitcoin is a volatile investment. If you’re looking for a “safe” investment with guaranteed returns, then don’t invest in Bitcoin — or any cryptocurrencies for that matter.

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