Introduction

Staking Coinbase Wrapped Staked ETH can be a great option for those who want to hold CBETH but earn yield in a safe way while contributing to the network. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.

Step-by-Step Guide

1. 1. Obtain Coinbase Wrapped Staked ETH (CBETH) Tokens

   In order to stake Coinbase Wrapped Staked ETH, you need to have it. To obtain Coinbase Wrapped Staked ETH, you'll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Coinbase	Coinbase Wrapped Staked ETH (CBETH)	2,032.71

2. 2. Choose a Coinbase Wrapped Staked ETH Wallet

   Once you have CBETH, you'll need to choose a Coinbase Wrapped Staked ETH wallet to store your tokens. Here are some good options.

3. 3. Delegate Your CBETH

   We recommend using a staking pool when staking CBETH. It's simpler and faster to get up-and-running. A staking pool is a group of validators who combine their CBETH, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Start Validating

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Coinbase Wrapped Staked ETH network. You'll be rewarded with CBETH for these validations.

What to be Aware of

There are transaction and staking pool fees you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.