Staking eligibility

Please review the United States section below for eligibility in your state.

On June 6, 2023, state securities agencies in Alabama, California, Illinois, Kentucky, Maryland, New Jersey, South Carolina, Vermont, Washington, and Wisconsin issued notices and orders related to Coinbase’s retail staking services in those states. Some of those state orders impose restrictions on Coinbase’s ability to offer staking services in those states, and we encourage customers of these states to click the links above to read and understand their state’s current notice or order. We are engaging with each of the states directly.

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. Some jurisdictions require tax identification information for compliance. Coinbase can change eligibility requirements anytime, even after assets have been staked.

We verify eligibility daily. 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. Some customers may be able to remediate and restore eligibility by updating or verifying certain information. Customers will continue to earn rewards on staked balances while reward payouts are being withheld or during the 14-day grace period until their assets are unstaked, as applicable (but rewards won’t be restaked).

If you have reviewed the eligibility requirements for staking and believe your account was incorrectly marked as ineligible, contact our support team.

Eligible assets

Depending on the assets you stake, the reward value will differ. You can view these values on the My Assets tab or Asset Details page on either the web or the Coinbase mobile app.

Any assets that are eligible to earn staking rewards will earn in your staking balance.

Asset

Minimum Balance Needed

Earning Wait Time (Approximate)

Rewards Payout Frequency*

Unstaking Wait Time (Approximate)

Earns Rewards While Unstaking?

Cosmos (ATOM)

0.0001 ATOM

No wait

Every 7 days

~25 days

No

Ethereum (ETH)

No minimum balance

Variable

Every 3 days

~13 days

Yes (Rewards earned for part of the unstaking period)

Tezos (XTZ)

0.0001 XTZ

24 days

Every 3 days

~2 days

No

Cardano (ADA)

$1 worth of ADA

18 days

Every 5 days

~2 days

No

Solana (SOL)

$1 worth of SOL

1 day

Every 5 days

~5 days

Yes (Rewards earned for the entire unstaking period)

Polkadot (DOT)

No minimum balance

2 days

Every 1 day

~30 days

No

MATIC (POL)

No minimum balance

No wait

Every 5 days

~8 days

No

Avalanche (AVAX)

No minimum balance

No wait

Initial payout in 16-20 days, then every 4 days

~9 days

Yes (Rewards earned for the entire unstaking period)

* Initial payout may take up to 25 days (from the time earning begins). Subsequent payouts will be at the specified frequency.

Eligible regions

Staking is available in most jurisdictions. Please refer to your Coinbase.com account to see if staking is available to you.

United States Eligibility

The table below reflects eligibility of staking in different states, and will be updated as appropriate. Preliminary orders issued by securities regulators in five states (CA, MD, NJ, SC, WI) currently impose restrictions on Coinbase's ability to offer staking to residents of those states, although proceedings are ongoing in those states.

While we are fully complying with all applicable orders, we continue to vigorously defend our customers' right to stake. For more, please see our blog post on Why We Stand by Staking.

Staking eligibility address is based on your most recent document verification.

State

What to Expect

CA, MD, NJ, WI

No new principal can be staked. Current stakers can remain staked and continue to earn rewards, but these rewards will not be restaked or compound. Customers can unstake at any time. Unstaked principal or rewards earned cannot be restaked. Assets staked on or after June 6, 2023 (including accrued rewards) will be unstaked.

NY

Not eligible for staking. Pre-existing regulations continue to prevent us from offering staking to residents. 

SC

No new principal can be staked. Current stakers can remain staked and continue to earn rewards, but these rewards will not be restaked or compound. Customers can unstake at any time. Unstaked principal or rewards earned cannot be restaked.

AL, IL, KY, VT, WA

Coinbase has received notices in these states, but residents can continue to stake.  Coinbase continues to engage with regulators in these states, but residents remain eligible to stake at this time. Eligibility is subject to change.

All other states

No impact to staking.  Our staking services remain fully available in all other states. 

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