How much
money can I make? Depending on the cryptocurrency you stake, your earnings and
payout frequency will vary. Ethereum and Solana are the most commonly staked
networks. Go here or check your Coinbase account to see the most recent rates
of rewards for staking assets that are eligible. How is staking carried out?
Instead of relying on centralized intermediaries like banks, many blockchain
networks use a decentralized group of validators and asset holders to verify
and process crypto transactions. These asset owners and validators receive
crypto through network rewards and fees as a reward for temporarily delegating
their assets to the blockchain networks. When you stake on Coinbase, the
validation process is handled by Coinbase, which then pools your staked coins
with those of other users and distributes rewards from the network to you.
Visit our Help Center to learn more about how staking works on Coinbase.
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