Crypto exchange Coinbase to offer ADA staking services
Coinbase, one of the world’s largest cryptocurrency exchanges, has expanded its staking offerings to include Cardano’s native token ADA. Announcing the news on Thursday, the exchange revealed plans to add more tokens to its staking portfolio in 2022. Per the blog post, delegators can expect to earn up to 3.75% APY as the estimated annual return from staking ADA on Coinbase. Users will receive awards in their accounts every 5–7 days after the initial holding period of 20–25 days ends.
The company noted that ADA allows staking through a dedicated wallet, the process can be “confusing and complicated.” Using Coinbase service would allow users to participate and earn rewards in an “easy, secure way.” With the latest addition, Coinbase now offers staking services for Ethereum (ETH), ALGO, Cosmos (ATOM), Tezos (XTZ), and Cardano (ADA).
Launched by Ethereum co-founder Charles Hoskinson in 2017, Cardano is a layer 1 blockchain working on a proof-of-stake consensus mechanism. Proof-of-stake is a more environmentally-friendly mechanism wherein validators ‘stake’ a portion of their ADA and receives rewards in return. Cardano has jumped nearly 10%, going from $1.00 to $1.17 at the time of writing. The currency is down by 62.30% from its all-time high of $3.10 recorded in September.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 84% | 26 | $18 954.19 | -0.85% | -3.69% | $363 170 326 097 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 71.6% | 54 | $1 296.86 | -3.33% | -5.90% | $158 895 113 066 |  |
|
| 3 |  USDT |
Tether predictions | 95.6% | 1 | $1.000054 | 0% | 0% | $67 958 370 744 |  |
|
| 4 |  USDC |
USD Coin predictions | 96% | 1 | $1.000099 | 0.02% | 0% | $49 598 147 661 |  |
|
| 5 |  BNB |
Binance Coin predictions | 88% | 15 | $275.55 | -0.88% | 0.94% | $44 457 076 668 |  |
|
| 6 |  XRP |
XRP predictions | 62.4% | 74 | $0.502289 | 0.18% | 27.23% | $25 038 488 617 |  |
|
| 7 |  BUSD |
Binance USD predictions | 93.6% | 1 | $0.999580 | -0.04% | -0.15% | $20 508 638 534 |  |
|
| 8 |  ADA |
Cardano predictions | 80.4% | 33 | $0.451128 | -2.03% | -3.38% | $15 442 614 963 |  |
|
| 9 |  SOL |
Solana predictions | 80.8% | 28 | $32.92 | -2.14% | 1.78% | $11 674 869 153 |  |
|
| 10 |  STETH |
Lido stETH predictions | 91.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 11 |  DOGE |
Dogecoin predictions | 88.8% | 14 | $0.062123 | -3.39% | 3.63% | $8 241 886 870 |  |
|
| 12 |  DOT |
Polkadot predictions | 76.4% | 41 | $6.25 | -3.26% | -7.59% | $6 998 238 426 |  |
|
| 13 |  DAI |
Dai predictions | 92.4% | 1 | $0.999822 | 0.01% | 0.01% | $6 929 280 255 |  |
|
| 14 |  MATIC |
Polygon predictions | 72% | 55 | $0.752062 | -2.34% | -5.51% | $6 568 747 961 |  |
|
| 15 |  SHIB |
SHIBA INU predictions | 79.2% | 42 | $0.000011 | -4.59% | -2.47% | $6 136 754 331 |  |
