When Will Coinbase Release Your Staked Ethereum?
It's been seven months since Coinbase Global (NASDAQ: COIN) allowed Ethereum (CRYPTO: ETH) investors to earn some money on the crypto they're holding. Getting it out is another story.
Cryptocurrency traders celebrated when Coinbase announced in April it was adding Ethereum to the handful of cryptocurrencies that pay interest for those willing to let the exchange stake it on their behalf. The risk -- that to its credit was explicitly stated by Coinbase -- is that Ethereum pledged to Coinbase's staking rewards program could not be traded until the crypto's transformation to proof of stake. With that milestone still months if not longer away, Coinbase could have a problem soon.
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Source Fool.com
