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❕NEWS Coinbase Launches Ethereum (ETH) 2.0 Staking Awards

aryan4

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The cryptocurrency exchange Coinbase announced today that it has opened the waiting list for Ethereum 2.0 staking rewards. In the statement made, the return rate of stake was announced as 7.5% per annum. Coinbase is also expected to issue trade permits for recently staked Ethereums.
What do you think of this long-awaited development?
 

Niftyicon

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It is a nice development that I am certain that many especially those who had been waiting will jump on. This will also help attract more investors to the coin
The cryptocurrency exchange Coinbase announced today that it has opened the waiting list for Ethereum 2.0 staking rewards. In the statement made, the return rate of stake was announced as 7.5% per annum. Coinbase is also expected to issue trade permits for recently staked Ethereums.
What do you think of this long-awaited development?
 

aryan4

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7.5% per annum is almost double what you can get as interest in a conventional savings account at your local banks, so staking in ethereum might be more profitable than running a savings account.
I think it is a very good development especially for investors who are long-term investors and do not intend to sell in a long time. Probably this application will attract attention.
 

GoldenLady

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This is a good improvement for long term holders, and with the popularity of the Ethereum block chain, this is sure to attract more investors.
 

Wisdom01

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Well its a nice development and if ethereum price double again then your staking amount will be doubled with more interests i think. ,so its a nice development
 

Wisdom01

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Well its a nice development and if ethereum price double again then your staking amount will be doubled with more interests i think. ,so its a nice
 

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7.5% PA cannot even cover the one time gas fees, whoever transfer the amount for staking, will they save their fees? It might be a good step, but not worth the transfer cost of that crypto.
 

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If someone already has ether it is probably good but double interest rates can be made on other coins on Binance. It is also possible to stake for as short as 7 days in some coins if you do not want to lock for a long period.
 

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Good for whales and holders with a lot of ETH assets. Not for small investors though or small stakers. Plus the problem with fees for me haven't still being resolved
 

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7.5% per annum is almost double what you can get as interest in a conventional savings account at your local banks, so staking in ethereum might be more profitable than running a savings account.
This interest rate will lure more people to stake in eth which I believe it isn't a bad idea. So I'm sure a lot of people will hope on this in no time
 

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The cryptocurrency exchange Coinbase announced today that it has opened the waiting list for Ethereum 2.0 staking rewards. In the statement made, the return rate of stake was announced as 7.5% per annum. Coinbase is also expected to issue trade permits for recently staked Ethereums.
What do you think of this long-awaited development?
Well , as for now I see no profit in ethereum 2.0 when I consider that the profits made can be taken away by gas fee in the end. It is discouraging.
 

achawaskey

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Staking is good for a long run because the interest can be compounded in a year which can be close to 50% of the principal.
 

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Staking is good for a long run because the interest can be compounded in a year which can be close to 50% of the principal.
There are some that offers daily interest and this is quiet a good one , an example is lead token ,where you stand to earn daily 0.15% profit from your staking.
 
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