Staking is a way to earn rewards (cryptocurrency) while helping strengthen the security of the blockchain network. You can unstake your crypto at any time, and your crypto is always yours.
When you stake your ETH, it will start earning rewards after the staking wait time, which is determined by the ETH protocol.
What you need to know about staking ETH.
Aspect | Details |
|---|---|
Minimum or maximum stake | • There are no minimums to stake • The maximum amount will change over time and isn’t specific to your individual account |
Staked ETH | • Once staked, ETH has wait times for earning rewards and unstaking (refer the asset table in Earn rewards with staking for details) • Your staked ETH balance is reflected on your Ethereum asset page • There are generally no U.S. tax implications from staking or unstaking your ETH, except that the rewards you receive from staking are generally considered taxable income. Please contact a tax professional to consider whether staking, unstaking, or receiving rewards affects your tax obligations. |
cbETH | • Coinbase Wrapped Staked ETH (cbETH) represents staked ETH in a tradable form at Coinbase • Lets you buy, sell, send, or use your staked ETH position |
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