RATE Group | ETH Rewards Next? Coinbase Tezos (XTZ) Staking for Retail Investors
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ETH Rewards Next? Coinbase Tezos (XTZ) Staking for Retail Investors

08 Nov ETH Rewards Next? Coinbase Tezos (XTZ) Staking for Retail Investors

Posted at 14:44h in Ethereum News by

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Back in the spring, Coinbase rolled out Tezos staking support on its institutional investor arm, Coinbase Custody.

The Tezos ecosystem went abuzz again this week after the U.S. cryptocurrency exchange giant just expanded XTZ staking rewards support to the vast majority of American users on its main retail platform and associated mobile apps.

Yet Tezos stakeholders aren’t the only ones buzzing on the news.

For the Ethereum community, the writing is on the wall: Coinbase’s XTZ staking expansion and new company remarks indicate ether (ETH) staking is imminently coming to the San Francisco-based exchange in the wake of “Ethereum 2.0” launching next year.

Coinbase Tezos Staking

To be sure, the specter of proof-of-stake (PoS) projects — wherein users gain crypto rewards for holding crypto to secure a blockchain network instead of participating in proof-of-work (PoW) mining — is rising in the cryptoeconomy, and Coinbase is making early moves accordingly.

Tezos Staking First Up for Retail Coinbase…

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