ETH Staking Powered by Coinbase Now Available in MEW

ETH staking is one of the simplest ways to earn rewards in crypto, and yet, it still doesn’t have the attention or the adoption it deserves.

Memecoins going 500x and airdrop farming are what crypto natives get excited about. While these opportunities give some crypto holders FOMO, they scare most people away, since too many 500x’s end up being rugpulls.

Meanwhile, ETH staking — low-risk and requiring no maintenance when done via a staking service — could be exactly what crypto newbies need. The problem is that it’s still too difficult and inaccessible for many users. Either the required amount is too high (32 ETH for a full validator!), or the process is too complicated, or you can’t do it from your wallet and have to create an account on a different platform. Simpler solutions need to exist to introduce more ETH holders to staking.

Coinbase has been making crypto onboarding and trading easy for over ten years, and now it’s helping users stake ETH without leaving their favorite self-custody wallet. MyEtherWallet was the first Ethereum wallet, making ETH accessible to non-technical users for the first time in 2015, and it’s one of the first wallets to integrate ETH staking powered by Coinbase.

This integration makes staking more convenient and approachable than it’s ever been.

• There is no minimum amount, and the stake begins earning rewards right away, compounding automatically.
• The ETH can be unstaked and re-staked at any time.
• Users of any popular wallet — including all browser wallets, mobile wallets with WalletConnect, and hardware wallets like Ledger and Trezor — can use MEW web to stake ETH quickly and easily, while retaining custody of their assets.
• All staking operations happen onchain via audited smart contracts, with transactions that are verifiable on the blockchain. It’s the kind of transparency and decentralized security that users of self-custody wallets expect.

To start staking today, go to MyEtherWallet.com, connect your wallet, and select ‘ETH Staking: Powered by Coinbase’ on the dApp page. See our help center for more information: https://help.myetherwallet.com/en/articles/8843926-stake-eth-with-coinbase-in-mew-web

Don’t have a wallet yet? Create a mobile or browser wallet on MEW in minutes.