Coinbase just started baking their XTZ and you can now delegate your XTZ while keeping them on Coinbase.

By Allen Walters | Publish0x posts | 6 Nov 2019


Tezos uses LiquidPoS, which gives Tezos token holders (XTZ) the possibility to bake or delegate their XTZ. (Staking) This gives you a return of around 5.5% on a yearly bases. You can start up a node if you own 8k + XTZ, and XTZ holders with less funds or who simply don’t want to go through the hassle of setting up a node, can very simply delegate their XTZ from their wallet to a baker, which will earn a percentage of the rewards of their delegators. From today, you can now delegate your XTZ to Coinbase while keeping your XTZ on Coinbase, instead of on a Tezos wallet. Coinbase will give you a yearly return of 5% on your XTZ.

Watch the how-to video here: https://www.coinbase.com/staking

And you can earn some XTZ by watching these video’s here: https://www.coinbase.com/earn/tezos

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Allen Walters
Allen Walters

Fascinated by blockchain and future proofing cryptocurrency. Discover the tech before it gets relevant. Twitter: @IgnoranceIt


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