What is Coinbase staking & how does it work?

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 from your Coinbase primary balance. Business accounts and funds stored in a vault aren’t eligible for rewards.

What is Coinbase wallet?

As bub says, Coinbase Wallet is a separate thing. Coinbase is an exchange, Coinbase Wallet is a wallet. You buy your AMP on an exchange (like Gemini), move it to a wallet (like Metamask or Coinbase Wallet), connect your wallet to the network, then stake. Coinbase wallet has always been there.

Can I stake from my Coinbase primary balance?

You can stake from your Coinbase primary balance. Business accounts and funds stored in a vault aren’t eligible for rewards. Your staked balance is reflected in your earnings balance of each respective asset page. Live in a jurisdiction eligible for staking that specific crypto

How does a token staking AMP work?

Token holders can put their Amp to work to collateralize payments on the network and get rewarded. The token holder entrusts pools like the Flexa Capacity and instantly becomes an essential component in the network’s security infrastructure by staking Amp. This way, all staking holders use their collaborative power to make the network secure.