The exchange has launched Coinbase One—and is accelerating its push overseas.
Coinbase today announced the launch of its subscription service, Coinbase One.
Staking is the process of “locking-up” cryptocurrency to keep a blockchain’s network running. Those who hold proof-of-stake assets—such as Ethereum (ETH), the second largest cryptocurrency by market capitalization—pledge it to the network by sending it to a specific blockchain address and can receive rewards for doing so.
— Coinbase 🛡️ (@coinbase) May 18, 2023
“We’re committed to expanding access to Coinbase One to even more countries in the coming months, bringing the benefits of crypto to the rest of the world with our international expansion strategy,” it added.