How to stake Ethereum on the Compass app

Описание: Staking is a way to earn rewards (cryptocurrency) while helping strengthen the security of the blockchain network. You can unstake your crypto at any time, and your crypto is always yours.

You can stake ETH to earn rewards. When you stake your ETH, it converts to staked ETH on Coinbase. The price of staked ETH is identical to ETH.

The Ethereum network now allows for unstaking. We've also moved staked balances of Ethereum (formerly ETH2) to the primary ETH asset page. This change has no impact on the amount you are staking or on your staked Ethereum rewards.

What you need to know about staking ETH:

Minimum or maximum stake

There are no minimums to stake

There is a maximum of 10,000 for staking ETH

The maximum amount will change over time and isn’t specific to your individual account

Staked ETH

The Ethereum network now allows for unstaking

ETH2 is no longer a standalone asset

Your staked ETH balance is reflected on your Ethereum asset page

This change has no impact on the amount you are staking or on your staked Ethereum rewards

This change does not impact cbETH

There are no tax implications from this change

cbETH

Coinbase Wrapped Staked ETH (cbETH) represents staked ETH in a tradable form at Coinbase

Lets you buy, sell, send, or use your staked ETH position

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This content is being provided to you for informational purposes only. Nothing discussed in this video is intended to be investment advice. This content, and any information contained therein, does not constitute a recommendation by Coinbase to buy, sell or hold any security, financial product or instrument referenced in the content.