U.S. largest crypto exchange Coinbase advertises staking rewards “up to 15% APY” on select proof-of-stake assets, offering instant unstaking for a 1% fee, a rare feature on Wall Street. Staking is accessible to all, with rewards directly from blockchain protocols, not third-party schemes.
Staking yields, ranging from 1% to over 15%, are based on blockchain activity, not centralized institutions like in traditional finance. Coinbase customers share in block rewards, setting APYs that fluctuate based on network conditions. This stands in contrast to Wall Street assets tied to interest rates.
Coinbase’s staking service provides a secure way to earn in crypto, with customers earning over $450M+ in rewards in 2024. The standout feature is instant unstaking, allowing for immediate liquidity, unlike traditional finance products with settlement times or penalties.
Crypto staking offers higher APYs and volatility compared to Wall Street, based on block rewards, network conditions, and without minimum balance requirements. Coinbase aims to make staking simple and transparent, positioning it as a proven way to earn in crypto.
Read more at Yahoo Finance: Wall Street investors can now earn 15% on crypto holdings
