Coinbase Expands Tezos Staking on Customers from Europe
The Coinbase cryptocurrency exchange has opened the opportunity for customers from the UK, Spain, France and the Netherlands to receive remuneration for Tezos stake (XTZ).
The remuneration is set at 5% per annum. The minimum period of holding a coin for profit is 35-40 days, after which a fee is charged every three days.
Initially, the service was available only to institutional customers in the USA, later Coinbase retail customers received this opportunity. According to the Bitcoin exchange, over the past time more than $ 2 million has been transferred as remuneration for staking.
Coinbase is Tezos largest validator, despite high fees. As of March 30, 65.9 million XTZ were blocked in the custodial division of the cryptocurrency exchange, while the nearest pursuer, Kraken, had only 30.2 million XTZ.
Recall in mid-May, the Proof of Stake Alliance (POSA) met with the US Securities and Exchange Commission (SEC), where questions were raised about the regulation and taxation of staking.
The Coinbase cryptocurrency exchange has opened the opportunity for customers from the UK, Spain, France and the Netherlands to receive remuneration for Tezos stake (XTZ).
The remuneration is set at 5% per annum. The minimum period of holding a coin for profit is 35-40 days, after which a fee is charged every three days.
Initially, the service was available only to institutional customers in the USA, later Coinbase retail customers received this opportunity. According to the Bitcoin exchange, over the past time more than $ 2 million has been transferred as remuneration for staking.
Coinbase is Tezos largest validator, despite high fees. As of March 30, 65.9 million XTZ were blocked in the custodial division of the cryptocurrency exchange, while the nearest pursuer, Kraken, had only 30.2 million XTZ.
Recall in mid-May, the Proof of Stake Alliance (POSA) met with the US Securities and Exchange Commission (SEC), where questions were raised about the regulation and taxation of staking.