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Coinbase allows cryptocurrency users to stake ETH and receive a passive cryptocurrency income of 4.5% APR. Although staking ETH on Coinbase is an easy process, it does come with risks, and the staked ETH will be locked into Coinbase until ETH 2.0 goes live. In this post, I’ll show you how to stake ETH on Coinbase, explain some of the risks of staking ETH on Coinbase, and give my final thoughts on whether it's worth it to stake ETH or not. As always, nothing is financial advice, and account balances may or may not be simulated for demo purposes. #ethstaking #staking #ethereum
Timestamps
00:00 Introduction
02:06 Risks of Staking ETH
04:15 Staking Process
05:13 Why I’m Staking
07:22 Final Thoughts
Coinbase allows cryptocurrency users to stake ETH and receive a passive cryptocurrency income of 4.5% APR. Although staking ETH on Coinbase is an easy process, it does come with risks, and the staked ETH will be locked into Coinbase until ETH 2.0 goes live. In this post, I’ll show you how to stake ETH on Coinbase, explain some of the risks of staking ETH on Coinbase, and give my final thoughts on whether it's worth it to stake ETH or not. As always, nothing is financial advice, and account balances may or may not be simulated for demo purposes. #ethstaking #staking #ethereum
Timestamps
00:00 Introduction
02:06 Risks of Staking ETH
04:15 Staking Process
05:13 Why I’m Staking
07:22 Final Thoughts