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Does Coinbase offer interest on cryptocurrency holdings?

avatarMcDonald CantuDec 28, 2021 · 3 years ago3 answers

I would like to know if Coinbase, one of the leading cryptocurrency exchanges, offers interest on cryptocurrency holdings. Can I earn passive income by holding my cryptocurrencies on Coinbase?

Does Coinbase offer interest on cryptocurrency holdings?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, Coinbase does offer interest on certain cryptocurrencies. They have a program called Coinbase Earn, where you can earn interest by participating in educational lessons and quizzes about different cryptocurrencies. By completing these lessons, you can earn a small amount of the respective cryptocurrency. However, it's important to note that this program is not available for all cryptocurrencies listed on Coinbase, and the interest rates may vary.
  • avatarDec 28, 2021 · 3 years ago
    No, Coinbase does not offer interest on all cryptocurrencies. While they do have the Coinbase Earn program, it is limited to specific cryptocurrencies and not all of them offer interest. It's always a good idea to check the details of each cryptocurrency on Coinbase to see if they offer any interest or staking options.
  • avatarDec 28, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confirm that Coinbase does offer interest on certain cryptocurrencies. However, it's important to note that the interest rates may not be as high as what you can find on other platforms. If you're looking for higher interest rates, I would recommend checking out platforms like BYDFi, which offers competitive rates for staking and earning interest on your cryptocurrency holdings.