Staking eligibility | Coinbase Help

The Nugget

Staking eligibility on Coinbase varies by state and asset, with some states imposing restrictions on retail staking services. Customers should review their state's notice to understand eligibility requirements and potential restrictions.

Key quotes

"Staking of supported assets is available to Coinbase customers who have an account in good standing and who live in a jurisdiction where we offer staking for that asset."
"We don’t guarantee that customers will receive staking rewards."
"If a customer becomes ineligible, we’ll let them know that we’ll unstake their assets after a 14-day grace period or that we may be unable to pay out staking rewards until they restore their eligibility."
"Any assets that are eligible to earn staking rewards will have both a primary and an earning balance."
"Our staking services remain fully available in all other states."

Customers need to have an account in good standing and live in a jurisdiction where staking for a specific asset is offered to be eligible for staking on Coinbase.
Coinbase can change eligibility requirements at any time, even after assets have been staked.
Some jurisdictions require tax identification information for compliance.
Eligibility is verified daily and customers may need to update or verify information to restore eligibility.

Different tokens have different minimum balance requirements and rewards payout rates.
Tokens like Cosmos, Ethereum, Tezos, Cardano, Solana, Polkadot, and MATIC are some examples of assets eligible for staking on Coinbase.

Staking is available in most jurisdictions, and customers can check their Coinbase account to see if staking is available to them.
Some states like California, Maryland, New Jersey, South Carolina, and Wisconsin currently have restrictions on staking imposed by state securities agencies.

Various states have different rules regarding staking on Coinbase, with some states allowing staking while others have restrictions in place.
Regulatory orders in states like New York prevent staking for residents due to pre-existing regulations.

💰 Staking on Coinbase is subject to state-specific rules and eligibility criteria.
🌐 Check the Earn tab on Coinbase or the mobile app to view rewards payout rates for different tokens.
🔒 Eligibility for staking can change, and Coinbase reserves the right to modify requirements.
🔍 Remember to review your state's notice to understand if there are any restrictions on staking services.

This summary contains AI-generated information and may have important inaccuracies or omissions.