Coinbase, Exchanges

Which Coins Earn Interest on Coinbase?

As of October 2020, Coinbase no longer offers interest-bearing accounts. This is due to regulatory changes in the United States. For a time, Coinbase did offer interest-bearing accounts, which allowed users to earn interest on their cryptocurrency holdings. However, this is no longer the case. While there are other exchanges that still offer this service, Coinbase is no longer one of them. There are a few reasons for this change.

NOTE: WARNING: Any cryptocurrency investments involve a high degree of risk and may result in significant losses. Coinbase does not guarantee any returns on investments, and any coins that can earn interest on Coinbase should be thoroughly researched before investing. Before investing in any cryptocurrency, users should consider their own research, financial situation, and risk tolerance. Additionally, users should always seek out qualified financial advisors for investment advice and conduct due diligence before investing in any asset.

First, the regulatory environment in the United States has become more hostile to cryptocurrency in general. Second, Coinbase is focused on becoming a regulated broker-dealer, and offering interest-bearing accounts doesn’t fit with that goal. Finally, Coinbase has always been a bit risk-averse, and offering interest-bearing accounts is simply too risky for them. While it’s disappointing that Coinbase no longer offers this service, it’s not surprising given the current environment.

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