Staking cryptocurrency is one of the most innovative ways to earn free cryptocurrency in the form of interest. While staking crypto can get complicated on platforms like Aave, Compound and Uniswap, there are options to stake cryptocurrency on exchanges like Coinbase and Gemini. These platforms let you stake Ethereum on the ETH2 network; ETH2 is the proof-of-stake upgrade to Ethereum. This allows users to earn around 7% interest paid in Ethereum on users’ cryptocurrency positions.
If you want to stake your crypto on Coinbase, you’ll need to join the Ethereum staking waitlist. Once approved, you can start staking your Ether tokens to earn interest on your crypto. No looking to wait to stake? Gemini allows investors to begin staking their cryptocurrency for interest right away, so you can start growing your crypto positions today.
Best ForEarning RewardsOverall Rating Read ReviewGET STARTED securely through Coinbase’s
Best ForNew InvestorsOverall Rating Read ReviewGET STARTED securely through Gemini Crypto’s