Many people seem to be unaware of coinbase's fees hidden in their staking user agreement, so I just wanted to highlight this fact so everyone is aware.
I'm linking the ETH staking User agreement here in so anyone who wants to give it a full read can do so. Staking on coinbase also comes with certain risks and the lacks guarantees that makes me unwilling to stake on their custodial platform. I recommend staking in a wallet you control the keys to, but that is a choice for each individual. Please give the terms a look if you use/stake using coinbase.
As always, do your own research and I don't know shit about fuck.
Edit: I believe the rates quoted by coinbase already have their fee factored in. I have attempted to contact support looking for clarity on this topic and have yet to receive a response.
Edit2: it appears the staking fee varies by cryptocurrency. Some are higher than others.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments