This is a question that many people are asking, given the recent surge in interest in the Cardano project. Unfortunately, as of right now, the answer is no.
Coinbase does not support staking of any kind on its platform.
NOTE: The Coinbase platform does not currently support staking of Cardano (ADA) tokens. Attempting to stake Cardano tokens on Coinbase may lead to the loss of funds and other potential financial losses. We strongly recommend that you do not attempt to stake Cardano tokens on Coinbase.
This is likely due to the fact that Cardano is still a relatively new project and thus isn’t as well-known or trusted as some of the more established cryptocurrencies. Coinbase likely doesn’t want to take on any extra risk by supporting staking for a coin that might not be around for very long.
However, this could change in the future if Cardano becomes more popular and trusted. So if you’re interested in staking Cardano, you’ll just have to wait and see if Coinbase decides to add support for it down the line.
5 Related Question Answers Found
Cardano (ADA) is a decentralized public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach.
As of now, you cannot buy Cardano ADA on Coinbase. However, this may change in the future as the popular cryptocurrency exchange has been adding new coins to its platform regularly. For now, though, you’ll need to look elsewhere if you want to purchase ADA.
Cardano is a cryptocurrency that many believe has a lot of potential. At the moment, it is only available on a few exchanges. Coinbase is one of the most popular cryptocurrency exchanges, and many believe that it will eventually add Cardano.
Cardano is a cryptocurrency that is similar to Ethereum. It is a decentralized platform that runs smart contracts. Cardano is also a proof-of-stake cryptocurrency.
As of right now, you cannot stake ICP on Coinbase. ICP is not a Coinbase-supported asset. In order to stake ICP, you will need to use a different platform.