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.
You can stake ETH to earn rewards. When you stake your ETH, it converts to staked ETH on Coinbase. The price of staked ETH is identical to ETH.
The Ethereum network now allows for unstaking. We've also moved staked balances of Ethereum (formerly ETH2) to the primary ETH asset page. This change has no impact on the amount you are staking or on your staked Ethereum rewards.
What you need to know about staking ETH.
Minimum or maximum stake
There are no minimums to stake
There is a maximum of 10,000 for staking ETH
The maximum amount will change over time and isn’t specific to your individual account
The Ethereum network now allows for unstaking
ETH2 is no longer a standalone asset
Your staked ETH balance is reflected on your Ethereum asset page
This change has no impact on the amount you are staking or on your staked Ethereum rewards
This change does not impact cbETH
There are no tax implications from this change
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