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Can I use my Coinbase account to stake Safemoon and earn passive income?

avatarStephanie WhiteDec 17, 2021 · 3 years ago3 answers

I have a Coinbase account and I'm interested in staking Safemoon to earn passive income. Can I use my Coinbase account to stake Safemoon? How does staking work on Coinbase? What are the benefits of staking Safemoon?

Can I use my Coinbase account to stake Safemoon and earn passive income?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Unfortunately, Coinbase does not currently support staking for Safemoon. Coinbase only supports staking for a limited number of cryptocurrencies, and Safemoon is not one of them. To stake Safemoon and earn passive income, you will need to use a different platform or exchange that supports Safemoon staking.
  • avatarDec 17, 2021 · 3 years ago
    No, you cannot stake Safemoon using your Coinbase account. Coinbase only supports staking for certain cryptocurrencies, and Safemoon is not one of them. If you want to stake Safemoon and earn passive income, you will need to find a platform or exchange that supports Safemoon staking.
  • avatarDec 17, 2021 · 3 years ago
    While Coinbase does not support staking for Safemoon, there are other platforms and exchanges that do. One such platform is BYDFi, which allows users to stake Safemoon and earn passive income. BYDFi offers competitive staking rewards and a user-friendly interface. If you're interested in staking Safemoon, you may consider using BYDFi or exploring other platforms that support Safemoon staking.