coinbase how to unstake

To unstake your assets on Coinbase, access the "Earn" section, select the desired asset, and click "Unstake."

Nov 01, 2024 at 07:39 pm

How to Unstake on Coinbase

1. Understanding StakingStaking involves locking up your cryptocurrency assets for a certain period to support the blockchain network and earn rewards. Unstaking refers to the process of unlocking these assets once the staking period ends.

2. Accessing Your Staked Assets

Log in to your Coinbase account.
Click on "Earn" from the top menu.
Select the asset you wish to unstake.

3. Viewing Staking Details

You will see your "Stake Position" page, which provides information about your staked assets, the reward rate, and the duration remaining.

4. Initiating Unstaking

Click on the "Unstake" button.
A pop-up window will appear, confirming the amount and currency being unstaked.

5. Confirming Unstaking

Review the unstaking details, including the estimated time for the funds to become available.
Click on "Confirm" to initiate the unstaking process.

6. Waiting for Unstaking

The unstaking process may take several hours or days, depending on the asset and the network.
You can track the progress by visiting the "Stake Position" page.

7. Accessing Unstaked Funds

Once the unstaking is complete, your funds will be available in your Coinbase wallet.
You can now withdraw the funds or use them for trading.

Note:

There is typically a waiting period before you can restake your unstaked assets.
Unstaking your assets may result in a temporary loss of rewards.
Some assets may have minimum staking periods, so ensure you are aware of these requirements before staking.

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