Coinbase offers our customers the ability to stake their ETH to earn rewards . When you stake your ETH, it converts to ETH2 on Coinbase. The price of ETH2 is identical to ETH. Once the upgrade to the Ethereum network is complete, both ETH and ETH2 will merge into one token.
Read moreIs it a good idea to stake Ethereum on Coinbase?
The benefit is that you can earn around 5% or more on your staked coins . Plus, you’re helping the transition to a new, faster, more sustainable Ethereum blockchain. If you were planning to hold ETH and wait out any price drops, you may be comfortable with committing your coins.1 Mar 2022
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