Coinbase May Enable Users in New York to Earn Yield on Ethereum via Newly Offered Staking

• New York access: Coinbase now offers staking to New York customers for major PoS tokens.

• Available tokens include ETH, SOL, ATOM (Cosmos), ADA, AVAX, POLYGON, and DOT.

• Estimated yields range from ~1.9% on ETH to over 16% on Cosmos (ATOM).

Coinbase staking New York: Earn yield on ETH, SOL, ATOM and more—learn how to start staking today with COINOTAG coverage.

What is Coinbase staking in New York?

Coinbase staking New York is Coinbase’s program that allows residents of New York to stake supported proof-of-stake tokens on the exchange to earn staking rewards. The service includes Ethereum, Solana, Cosmos, Cardano, Avalanche, Polygon, and Polkadot with variable estimated APYs and custodial management by Coinbase.

How does Coinbase enable staking for New York customers?

Coinbase configures custodial staking pools and validates on behalf of users while managing infrastructure and security. Customers deposit supported tokens into Coinbase accounts and opt into staking. Rewards accrue periodically and are credited per Coinbase’s distribution schedule. NY regulatory review and NYDFS oversight preceded this launch.

Which tokens and yields are available in New York?

Supported tokens include Ethereum (ETH), Solana (SOL), Cosmos (ATOM), Cardano (ADA), Avalanche (AVAX), Polygon (MATIC), and Polkadot (DOT). Estimated yields vary: Cosmos is the highest at roughly 16% APY, while Ethereum’s staking program is estimated at about 1.9% APY.

Frequently Asked Questions

Can New York residents earn staking rewards on Coinbase?

Yes. New York residents can now stake supported tokens on Coinbase and receive staking rewards, following regulatory approval and program launch in the state.

How often are staking rewards distributed on Coinbase?

Distribution timing varies by token and network. Coinbase reports periodic distributions after on-chain rewards are received and processed through Coinbase’s reward schedules.

How to start staking on Coinbase in New York?

Follow these steps to begin staking on Coinbase in New York. Each step is custodial—Coinbase holds and validates on your behalf.

1. Create or verify your Coinbase account and complete identity verification.
2. Deposit supported tokens (ETH, SOL, ATOM, ADA, AVAX, MATIC, DOT) into your Coinbase wallet.
3. Opt in to staking for each token via the Coinbase staking interface.
4. Monitor estimated APYs and reward schedules within your account dashboard.
5. Withdraw or unstake according to Coinbase’s network and custody rules for each asset.

Key Takeaways

• State access: New York customers can now stake with Coinbase after regulatory approval.
• Token coverage: ETH, SOL, ATOM, ADA, AVAX, MATIC, and DOT are supported.
• Yields vary: Cosmos shows the highest estimated APY (~16%); Ethereum is ~1.9%.

Context and sources

This report summarizes Coinbase’s announcement and regulatory context. Mentioned sources include public statements from Coinbase, a policy environment overseen by the New York Department of Financial Services (NYDFS), and public comments by company representatives and officials. COINOTAG’s coverage and social posts from company leadership referenced the milestone in public channels.

Conclusion

Coinbase staking New York expands access to staking rewards for New York residents across major PoS tokens. This development closes a gap in yield access after regulatory review, offering variable APYs and custodial convenience. Monitor COINOTAG for updates and detailed guides on participating and understanding token-specific unstaking rules.

Published: 2025-10-08 · Updated: 2025-10-08 · Author: COINOTAG