Want to earn interest on your crypto holdings? Want to grow your crypto trading portfolio? If yes, then you can easily do so by staking the crypto assets that you have in your account. If you do not know what crypto staking is, then let me tell you it is a way of locking your crypto holdings for some period. And for that particular period, you will earn interest as long as those many cryptos are locked.
If you understood what I am saying, then you might be interested to know what steps could be taken in order to stake assets via coinbase.com. Well, there are a few prerequisites that you need to accomplish if you wish to stake your assets via Coinbase.
First of all, you need to have an account registered on www.coinbase.com and secondly, you need to make sure that you are able to use Coinbase Prime. Because we are ultimately going to stake assets via the Coinbase Prime platform. If you think you are ready with these details, you can follow the steps explained in the next section to get things done.
Steps to stake assets via coinbase.com
As said above, you can easily stake your crypto assets via https://www.coinbase.com/prime. So, here are the steps you can follow to achieve the same:
- Begin the process by navigating to coinbase.com
- Now, navigate to the Coinbase Prime section on the official website
- Followed by this, you can sign in with your www.coinbase.com login credentials
- After this, navigate to the "Portfolio" tab and look for the desired assets
- Select it and then select the three-dot icon present under the "Vault Balance" tab
- Next up, select the "Stake" option and then review the given information
- Followed by this, choose the "Continue" option to move forward and then choose a validator
- Enter the number of tokens select "Preview" select "Initiate Staking"
This way you can easily stake your crypto assets and start earning interest on the same. In case you wish to get detailed information regarding the staked crypto assets, then you can navigate to the "STAKE" page where you will be able to view the comprehensive details on the total amount of staked assets.
Steps to unstake/withdraw the crypto assets
- Go to the coinbase.com website and navigate to the "Prime" tab
- After this, you can sign into your account and navigate to the Portfolio tab
- Navigate to the vault balance section and select the three-dot menu
- Choose your wallet and then select "Unstake"
- Review all the details and select "Unstake" again
Conclusion:
By using your www.coinbase.com login credentials on the Coinbase exchange, you can explore a wide variety of features along with the staking options available on the platform. If you were also thinking of staking your crypto holdings, then I hope this article might have worked in your favor and you were able to earn rewards through it.
