Express

Coinbase Launches Ethereum 2.0 Support Plan With Staking And Trading Features

Mary Liu

Summary: Coinbase issued an official announcement stating that it will provide support for the launch of the Ethereum Beacon Chain on December 1. Coinbase customers will be able to convert ETH in their Coinbase account to ETH2 and receive staking rewards. Even though the staked ETH2 tokens are locked in the beacon chain, Coinbase will enable all ...

Coinbase issued an official announcement stating that it will provide support for the launch of the Ethereum Beacon Chain on December 1. Coinbase customers will be able to convert ETH in their Coinbase account to ETH2 and receive staking rewards. Even though the staked ETH2 tokens are locked in the beacon chain, Coinbase will enable all other supported currencies to provide liquidity for customers. Coinbase did not disclose the specific date of these services, saying "will be launched in eligible jurisdictions starting in early 2021."

By Mary Liu

Last Update:

Tags: ,,,
Link: Coinbase Launches Ethereum 2.0 Support Plan With Staking And Trading Features   [Copy]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 6 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 13 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 17 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 20 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 24 days ago
  • You need to login to comment.