How to Earn Passive Income With Coinbase - Make Money in Coinbase (Beginners Guide)
After getting a few questions regarding staking in Coinbase, I thought I'd made a follow up video on how to stake cryptocurrency in Coinbase (for beginners). Following along, you should now be able to stake the available coins in Coinbase.
🚀 Start staking in Coinbase: https://mmwm.dev/coinbase
🚀 Safely store cryptocurrencies using Ledger: https://mmwm.dev/ledger
Today's video will show you exactly how to stake money with Coinbase in 2021. With staking, you can earn between 2% and 6% (extra money) just by depositing funds into Coinbase and letting your money work for itself. With other cryptocurrency wallets/exchanges, you can earn even more free crypto (see amounts below)!
WHAT IS STAKING (in cryptocurrency)?
Staking means holding funds in a cryptocurrency wallet to support the security and operations of a blockchain network. Staking is the act of locking cryptocurrencies to receive rewards.
Depending on which website you use as a cryptocurrency wallet/exchange will determine the amount of cryptocurrency rewards you'll receive for staking. As of April 30, 2021, you can earn the following:
STAKING REWARDS
In Coinbase, you can earn (APY):
ALGO: 6%
ATOM: 5%
XTZ: 4.63%
DAI: 2%
USDC: 0.15%
Start staking in Coinbase today: https://mmwm.dev/coinbase
In Gemini, you can earn (APY):
https://mmwm.dev/gemini
FIL: 7.4%
DAI: 7.4%
AAVE: 5.83%
LTC: 5.1%
BCH: 4.55%
Check out the remaining 23 coins you can stake in Gemini: https://mmwm.dev/gemini
In BlockFi, you can earn (APY):
USDC: 8.6%
BTC: 6%
ETH: 5.25%
LTC: 6.5%
LINK: 5.5%
PAXG: 5%
See the remaining coins in BlockFi: https://mmwm.dev/blockfi
GETTING STARTED
If you missed my previous video on linking a bank account or credit card to Coinbase, check it out here: • How To Make Money With Coinbase in 20...
Once you have a bank account or credit card linked to your Coinbase account, you can follow these steps for setting up staking.
1. Log into Coinbase. Click here to get started: https://mmwm.dev/coinbase
2. On desktop, click the "For You" button (left side) and then click "Get more crypto."
On mobile, click the "Portfolio" menu button, find the currency you want to stake and tap that coin, tap the crypto wallet section, and then click Trade.
3. Follow the steps to buy or convert.
CRYPTOCURRENCY NEWS
As mentioned in my video, I currently own around 2,600 Cardano (ADA). That's the bulk of my Coinbase portfolio. Why? Well, Cardano is working on helping a minimum of 300 million Africans with digital IDs; it's life-changing stuff! If you wanna check out the recent Cardano Africa event (replay), you can watch it here: • #CardanoAfrica – Join us for this ver...
RESOURCES
All of the following resources below will allow you to earn some free cryptocurrency (in the form of Bitcoin) just from depositing at least $100 into each account. Please note, depositing funds won't cost you anything (other than the money you put in) but withdrawing or transferring funds out of the site, when you're ready to sell your cryptocurrency, will cost minimal fees.
🚀 Safely store cryptocurrencies using Ledger: https://mmwm.dev/ledger
With each site, you can earn $10-$25 in Bitcoin just from depositing funds:
💰Start earning 2-6% APY in Coinbase (passive income): https://mmwm.dev/coinbase
💰Get $10 in Bitcoin ($100 deposit): https://mmwm.dev/gemini
💰Get $25 in Bitcoin ($250 deposit): https://mmwm.dev/crypto
💰Get $10 in Bitcoin ($100 deposit): https://mmwm.dev/blockfi
NOT FINANCIAL, LEGAL, OR TAX ADVICE!
This channel is for entertainment purposes only and is just my opinion as I am not an expert or a financial planner. Please do your own research.
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