Put some of your crypto on stake

 

Putsome of your crypto on stake. A "Proof of Stake" consensus mechanism is now used by many cryptocurrencies. This allows their decentralized networks to guarantee that all transactions are verified and secured without a bank or payment processor in the middle. By "locking" some of your holdings into a staking pool for a predetermined period of time, you can earn rewards with such cryptocurrencies simply by contributing to the network's security. You'll get something in return. If you planned to keep the cryptocurrency for a longer period of time, this is a great option because you can put it to use instead of letting it sit idle. As of June 2021, eligible users can stake Tezos, Cosmos, or Ethereum via the main Coinbase app or website and earn up to 6% APY (depending on the asset). To learn more, visit coinbase.com/staking.