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EARN

Earn up to 5.75% APY on your crypto.

Put your crypto to work and earn rewards.

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If you're looking for the previous Coinbase Earn learn and earn product, please visit the new Learning rewards page.

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Put your crypto to work

We'll help you put your assets to work in the cryptoeconomy so you can grow your crypto holdings with little effort.

easyToUse
It's easy

Start earning simply by holding eligible assets, or enroll with a couple of clicks. You can earn on as little as $1.

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It's secure

We take measures to mitigate risks and allow you to opt-out anytime. Some protocols may require you to wait until unstaking is complete to transfer or sell your assets.¹

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It’s all in one place

View, manage, and discover assets that earn rewards all from the Earn center. You can choose from multiple assets or ways to earn, like staking or DeFi yield.

¹ If enabled, your eligible crypto will automatically earn rewards on Coinbase. You can request to unstake anytime, no lock up periods imposed by Coinbase. But you may have to wait until the unstaking process is completed by the network before you can transfer or sell your asset. For more information, see the help center.

Check out all the ways to earn

All

Staking

DeFi Yield

AssetYieldMechanism
AlgorandALGO
5.75% APY
Staking
CardanoADA
2.60% APY
Staking
Cosmos ATOM
5.00% APY
Staking
DaiDAI
Variable
DeFi Yield
DaiDAI
0.15% APY
Standard
EthereumETH
6.85% APY
Staking
SolanaSOL
1.10% APY
Staking
TetherUSDT
Variable
DeFi Yield
TezosXTZ
4.63% APY
Staking
USD Coin USDC
1.50% APY
Standard

Staking and DeFi yield are available in 70+ countries. DeFi yield is only available outside the U.S. You start earning yield with most of the Staking and Standard Rewards assets once they are purchased. To earn yield by staking ETH or depositing assets in DeFi yield, you will need to purchase the asset and then agree to terms to enable the option and start earning rewards. The Algorand (ALGO) asset earns rewards through inflation, or community rewards, versus staking. With inflation, new tokens are added to the network at a rate determined by the protocol and those tokens are then distributed to holders as rewards. Yield rates are determined by the relevant Staking or DeFi protocols and Coinbase will pass through the yield to you, minus a fee. The yields presented above are estimates based on recent performance and are not guaranteed. You will not earn a reward unless it is received by Coinbase.

Looking for advanced options?

Stake to Coinbase Cloud's public validators and earn rewards on 15+ networks including Cosmos, BNB, Polkadot, and more. With advanced self-custody staking, you keep custody of your crypto while helping secure networks.

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Frequently asked questions

How does staking work?

Staking is a method of verifying and securing transactions on proof of stake blockchains. It’s faster and more energy efficient than other methods such as proof of work. Plus, participants get rewarded for helping in the process. In exchange for delegating  your crypto, you get rewarded with more assets from the network. To generate staking rewards on a Proof of Stake blockchain, a node has to designate a certain amount of tokens on the network as a stake (similar to a security deposit). The chance of that node being chosen to validate the next block is typically proportional to the number of tokens being staked. If the node successfully validates a block, it is awarded the staking reward, similar to a miner being rewarded in Proof of Work chains. Validators lose part of their stake if they approve a fraudulent transaction — this incentivizes them to only approve valid transactions.

Which Proof of Stake asset(s) earn staking rewards?

Visit our help center to see which assets earn staking rewards on Coinbase.

Who is eligible to stake on Coinbase?

To stake on Coinbase, you must have your identity verified with a valid TIN on file, and reside in a location where staking is allowed. Visit our help center page to learn more about eligibility.

How does ETH staking work?

ETH staking, like other staking, allows you to delegate your ETH to help secure the blockchain and earn rewards in return. However, currently ETH staking works differently in some ways. To learn more see this help center page.

What are the risks associated with staking?

Staking requires assets to be locked on the protocol in order to earn rewards. During this time you won't be able to trade or transfer your assets. The lock up periods are defined by protocols (like Ethereum or Solana) and can range from a few hours to a few days. Coinbase does not impose any lock up periods. No additional lockup periods are imposed by Coinbase. You may request your staked assets be traded, transferred or unstaked at any time, and Coinbase will use commercially reasonable efforts to execute, subject to protocol requirements. Note that staked ETH (ETH2) is currently locked up by the protocol until the Ethereum upgrade, and you cannot sell or transfer your staked ETH (ETH2) or ETH staking rewards until the upgrade is complete.

Another risk is the possible slashing of staked assets or rewards. Although it’s unlikely, there is a possibility you could lose your staked assets or rewards in case of a network or validator failure. We’ve taken measures to reduce these risks, but some events are outside our control.

One last thing to note is that the yield earned by staking is not reflective of the asset price. The staking APY is independent from the asset price which is set by the market.

How do I earn DeFi yield on Coinbase?

DeFi Yield lets eligible Coinbase customers earn yield by lending their crypto to third-party DeFi protocols. When you opt in to earn DeFi yield, your crypto is deposited into Compound Finance which is an industry-leading DeFi protocol. Then you let your crypto work and earn yield. The offered APY varies based on the rates from Compound and market conditions.

What’s the difference between staking and DeFi yield?

Staking lets you earn rewards by helping secure a  network, while DeFi yield is the process of lending your crypto to a third-party DeFi protocol to earn yield. Both can be complicated to do on your own so we’ve made it easier by handling the complex details for you. You can access staking and DeFi yield right from your Coinbase app. Either opt-in or enroll in just a few clicks.

How do I transfer my crypto to Coinbase to earn rewards?

Eligible customers can earn rewards on any eligible assets they hold on Coinbase, regardless of where they purchase it. You can send assets from an external wallet to your Coinbase account with no Coinbase fees by following these instructions. You can also turn off staking at any time by going to your settings page.

Is there a fee associated with these services?

We take a commission on all rewards received, and the rewards rate for our customers reflects this commission. You can find our current commission fee in our user agreement.

Will I be taxed on my staking rewards?

US customers who are subject to US tax reporting are required to report their earnings from Staking rewards. US customers that earn over $600 in staking rewards will receive a 1099-MISC from Coinbase. You can learn more about the 1099-MISC on the official website of the IRS.

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