Join the waitlist for Ethereum 2.0 staking rewards on Coinbase

Reserve your spot on the waitlist today to earn up to 7.5% APR* in rewards for simply holding Ethereum 2.0 (ETH2)

By Rhea Kaw, Senior Product Manager, Retail

Starting today, the waitlist to earn staking rewards with ETH2 is live. With the new Ethereum upgrade to ETH2, Coinbase customers will be able to earn rewards using the second most popular cryptocurrency after bitcoin.

Staking allows customers to earn a yield of up to 7.5% for simply holding ETH2. The reason your crypto earns rewards while staked is because the blockchain puts it to work by making the underlying blockchain of that asset more secure and more efficient.

By joining the waitlist today, customers will be first in line to earn ETH2 staking rewards. Getting rewarded with different cryptocurrencies is one of our top requests. We initially announced our support for ETH2 last fall, and we’re excited to be one step closer to delivering on our promise. We first started offering staking rewards in 2019 with Tezos, and then Cosmos last year. The ability to earn rewards, simply by holding cryptocurrencies, is made possible only with crypto-based financial services.

Once off the waitlist, there are no minimum amounts required to stake, and customers can convert, stake, and earn rewards on a portion of Ethereum instead of their entire balance. They will also be able to see their rewards add up in real-time through the lifetime rewards ticker in the Coinbase app or on Coinbase.com.

Initially, customers will not be able to sell or send the portion of Ethereum that they choose to stake. However, Coinbase will offer a way to trade any staked Ethereum in the coming months. Coinbase will continue to share more information about ETH2 rewards once it becomes available. Customers in New York State are not currently eligible to sign-up for the waitlist.

A quick guide on Ethereum and Ethereum 2.0

Ethereum launched in 2015 and is now the second-biggest cryptocurrency by market cap after bitcoin. But unlike bitcoin, it wasn’t created to be digital money. Instead, Ethereum was built as a new kind of global, decentralized computing platform.

Upgrading the current Ethereum network to ETH2 is a significant and complex endeavor that will improve network speed, efficiency, and scalability. The multi-year investment by the Ethereum community will reduce bottlenecks, decrease fees, and consume less resources (particularly electricity).

See our full Ethereum guide to learn more about its origin and functionalities. Learn more information on staking and trading here.

And if you enjoy working on high-impact, crypto-first challenges, check out all our open positions here. We’d love to hear from you.

*The APR rate is based on the estimated Ethereum 2.0 network rate, which will change as more ETH2 is staked. Customers will be able to see the latest rate directly within their accounts.


Join the waitlist for Ethereum 2.0 staking rewards on Coinbase was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

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Compound (COMP) is now available on Coinbase Earn

Earn COMP while learning how to borrow crypto and earn interest with Compound

Coinbase’s mission is to create an open financial system, where anyone in the world can participate on equal terms from their computer or smartphone. To bring this vision to life, we’ll need to make blockchain technology more accessible, both in the sense of making cryptocurrencies easier to obtain and easier to understand.

Coinbase Earn is a trusted source where customers all around the world can educate themselves about new developments in crypto and earn assets as rewards. Starting today, Coinbase customers can start earning Compound (COMP) by watching lessons and completing quizzes about the Compound protocol and its governance token COMP.

Compound (COMP) is an Ethereum token that governs the autonomous Compound protocol. The protocol allows anyone to borrow and lend Ethereum tokens through a decentralized market. Lenders earn interest on the crypto they supply to the protocol and borrowers pay interest to borrow it.

The ability to earn crypto assets has become an increasingly important function in the crypto ecosystem — alongside buying, staking, voting, and mining — especially when paired with education.

Since the launch of Coinbase Earn in 2018, we’ve announced nine different assets, including 0x, Basic Attention Token, Zcash, Stellar Lumens, EOS, Dai, Tezos, Orchid and now Compound. In less than a year, asset issuers offered over $100M in crypto to distribute to our customers, and we have launched Earn internationally. As we expand globally, millions of people are gaining access to a trusted, secure, and legal bridge to the crypto economy — even if they don’t have a credit card or bank account with which to buy crypto.

Check out all Coinbase Earn campaigns through our homepage or access them directly through the Coinbase mobile app.

You can sign up for a Coinbase account here and download the iOS or Android app to start earning crypto today.

Coinbase receives a servicing fee from the participating asset issuer. Consideration for Coinbase Earn is wholly independent of our digital asset framework for new listings. Click here for our Earn FAQ and terms.


Compound (COMP) is now available on Coinbase Earn was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

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