How much does Coinbase charge for staking?

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.”

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.

If you choose to stake your currency, then Coinbase will take a 25 percent commission on any earnings you make with the cryptocurrency.