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Can I stake AMP on Coinbase and still trade it on the exchange?

avatarGuldager ElliottJan 15, 2022 · 3 years ago3 answers

Is it possible to stake AMP tokens on Coinbase and still have the ability to trade them on the exchange?

Can I stake AMP on Coinbase and still trade it on the exchange?
Coinbase
AMP
Staking

3 answers

  • avatarJan 15, 2022 · 3 years ago
    Yes, you can stake AMP tokens on Coinbase and still trade them on the exchange. Coinbase offers staking services for various cryptocurrencies, including AMP. By staking your AMP tokens, you can earn additional rewards while still having the flexibility to trade them whenever you want.
  • avatarJan 15, 2022 · 3 years ago
    Definitely! Coinbase allows users to stake their AMP tokens and trade them on the exchange. Staking your AMP tokens can provide you with passive income through rewards, and you can easily convert them back to a tradable form whenever you need.
  • avatarJan 15, 2022 · 3 years ago
    Absolutely! While I can't speak for Coinbase specifically, I know that BYDFi, another popular cryptocurrency exchange, allows users to stake AMP tokens and trade them simultaneously. It's a great way to earn rewards and still have the freedom to buy or sell AMP whenever you want.

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