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

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


Allen Walters
Allen Walters

Fascinated by blockchain and future proofing cryptocurrency. Discover the tech before it gets relevant.


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