Topic: Coinbase Streamlines the Tezos Staking Process in Exchange for Revenue Cut (Read 109 times)
January 25, 2020, 08:20:27 AM
I think this is a good way to maintain the stability of the price of the token. Many project tokens are now using the interest generated by the currency to control the circulation of the token and maintain its price.
November 07, 2019, 11:22:19 AM
Ah good news, this news is pretty good to make me relieved and able to enjoy the atmosphere of the day, good news for XTZ hodlers, including me, platform problems everywhere are not a problem, the wait is sweet fruit. And XTZ is now on the right platform, Coinbase, some time ago I already checked coinbase and there in the Earn Crypto section there was XTZ, it was very pleasant to sit and relax while XTZ staking kept going.
November 07, 2019, 02:21:36 AM
They are definitely on the right track. Coinbase is an exchange i am recommending to total crypto newbs when i am asked. And if this introduces them to staking, even though it's custodial as well, it's great news for Tezos and the whole altcoin scene as well when more new people gets to be exposed on different aspects of altcoin hodling.
November 07, 2019, 01:42:09 AM
Oh this sounds awesome if you ask me! i have some Tezos, but its just sitting dormant on binance.
i would definitally move it to coinbase if i could stake it there, as im just hodling it most the time anyways.. Them taking a cut is a given, its a service so thats fine with me
Im Canadian so it prob isnt allowed yet for me, but maybe ill throw a few there and see, maybe they will add more countries support soon
Thx for the link man
i would definitally move it to coinbase if i could stake it there, as im just hodling it most the time anyways.. Them taking a cut is a given, its a service so thats fine with me
Im Canadian so it prob isnt allowed yet for me, but maybe ill throw a few there and see, maybe they will add more countries support soon
Thx for the link man
November 07, 2019, 12:37:36 AM
For those of you who are Tezos #HODLers on Coinbase in the United States, something new is going to happen. However, in my observation, this could be great for Tezos holders. Unfortunately for Coinbase, they're doing this in exchange for cutting their revenue for good.
"Wednesday saw Coinbase announce the introduction of staking rewards for eligible US customers who hold Tezos (XTZ) on the platform. This comes as a new means for users to earn cryptocurrency, but also as a lucrative revenue stream for the company.
In an official blog post, Product Manager Rhea Kaw explained that as of today, US customers (except those in New York and Hawaii) could begin staking Tezos held on Coinbase to earn a passive income for helping to secure the blockchain. This comes after a similar offer was extended earlier this year to Coinbase Custody clients."
To find out more about this news, just simply go here
What do you think about this one guys? Do you think this is a great move for Coinbase to enable staking rewards for US-based Tezos holders? I would like to know about your opinion on this one guys, especially those who are Tezos holders.
Cheers!
"Wednesday saw Coinbase announce the introduction of staking rewards for eligible US customers who hold Tezos (XTZ) on the platform. This comes as a new means for users to earn cryptocurrency, but also as a lucrative revenue stream for the company.
In an official blog post, Product Manager Rhea Kaw explained that as of today, US customers (except those in New York and Hawaii) could begin staking Tezos held on Coinbase to earn a passive income for helping to secure the blockchain. This comes after a similar offer was extended earlier this year to Coinbase Custody clients."
To find out more about this news, just simply go here
What do you think about this one guys? Do you think this is a great move for Coinbase to enable staking rewards for US-based Tezos holders? I would like to know about your opinion on this one guys, especially those who are Tezos holders.
Cheers!
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