common-close-0
BYDFi
Trade wherever you are!

Can I use Coinbase to earn passive income with NEO?

avatarpandu humanistDec 17, 2021 · 3 years ago3 answers

Is it possible to earn passive income with NEO on Coinbase? How can I use Coinbase to generate passive income with NEO?

Can I use Coinbase to earn passive income with NEO?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Unfortunately, Coinbase does not currently support staking or earning passive income with NEO. Coinbase primarily focuses on buying, selling, and storing cryptocurrencies. If you're interested in earning passive income with NEO, you may need to explore other platforms or wallets that offer staking services for NEO. Some popular options include Binance, KuCoin, and Binance Smart Chain.
  • avatarDec 17, 2021 · 3 years ago
    No, Coinbase does not offer passive income opportunities for NEO. Coinbase is primarily a cryptocurrency exchange platform that allows users to buy, sell, and store cryptocurrencies. If you're looking to earn passive income with NEO, you'll need to consider other options such as staking platforms or decentralized finance (DeFi) protocols that support NEO staking.
  • avatarDec 17, 2021 · 3 years ago
    While Coinbase itself does not provide passive income opportunities for NEO, you can explore other platforms like BYDFi that offer staking services for NEO. BYDFi is a decentralized finance platform that allows users to stake their NEO and earn passive income in the form of rewards. It's important to do your own research and consider the risks associated with staking before getting started.