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Coinbase Launches Ethereun Staking for Britons and Germans

Coinbase—a safe and secure platform that makes it easy to buy, sell, and store cryptocurrency like Bitcoin, Ethereum, and more.

Known as the world’s largest Bitcoin exchange and broker, the cryptocurrency trading platform has officially launched Ethereum in the Uk and Germany, this would allow citizens of the aforementioned countries stake Ethereum and earn rewards.

Staking will be handled via Coinbase’s upgraded Ethereum 2.0 network. According to their website.

After being converted from ETH to ETH2, the coins are automatically added to Coinbase’s staking pool, which helps secure the blockchain and generates rewards in return.

Source:Crypto Daku