As of 4/16/21 update: Ethereum 2.0 (ETH2) betting has started. When customers are removed from the waiting list, they will be notified and can start earning up to 6%* APR rewards. The waiting list remains open to those who have not yet joined.
Rhea Kaw, Senior Product Manager, Retail
starting today, Waiting list The bet rewards for earning ETH2 are real-time. With the upgrade of Ethereum 2.0, Coinbase customers will be able to earn rewards using the second most popular cryptocurrency after Bitcoin.
Mortgage enables customers to obtain up to 6% of the income by holding only ETH2.The reason why your cryptocurrency is rewarded when staking is Blockchain Make it work by making the underlying blockchain of the asset more secure and efficient.
By joining the waiting list today, customers will be the first to queue up for ETH2 betting rewards. Obtaining different cryptocurrency rewards is one of our first requirements.We initially Announce We supported ETH2 last fall, and we are very happy to further fulfill our promise. We first provide betting rewards starting in 2019, TezosAnd then universe last year. The ability to earn rewards only by holding cryptocurrency is only possible with crypto-based financial services.
Once withdrawn from the waiting list, there is no minimum mortgage requirement, and customers can switch, mortgage and get rewards for part but not the entire balance of Ethereum. They can also check the total amount of their rewards in real time through the Coinbase app or the Lifetime Reward Quotation Auto-logger on Coinbase.com.
Initially, customers will not be able to sell or send the portion of Ethereum they choose to pledge. However, Coinbase hopes to provide a way to trade any collateralized Ethereum in the coming months. Once available, Coinbase will continue to share more information about ETH2 rewards. Clients in New York State are currently not eligible to register for Ethereum shares.
A quick guide to Ethereum and Ethereum 2.0
Ethereum was launched in 2015 and has now become the second largest cryptocurrency Market value After Bitcoin. However, unlike Bitcoin, it is not a digital currency. Instead, Ethereum is built as a new type of global decentralized computing platform.
Upgrading the current Ethereum network to ETH2 is a major and complex task that will improve network speed, efficiency and scalability. The multi-year investment of the Ethereum community will reduce bottlenecks, lower costs, and reduce the consumption of resources (especially electricity).
If you like high-impact encryption-first challenges, please check out all of us Open a position here. We would be happy to hear from you.
* The APR rate is based on the estimated Ethereum 2.0 network rate, which will change as more ETH2 is invested. Customers will be able to view the latest exchange rate directly in their account.
Join the waiting list for Ethereum 2.0 equity rewards on Coinbase Originally published on Coinbase Blog On Medium, people continue the conversation by highlighting and responding to the story.