Coinbase is the most well-known and regulated cryptocurrency platform in the western world. It is the only crypto company listed on Nasdaq and operates with the strictest sector licences in the United States and Europe. The app is noticeably simpler than those of its competitors, making it the preferred option for first-time crypto buyers. It offers staking of Ethereum and other selected cryptocurrencies with variable returns depending on the asset and market conditions.
How to get started step by step
- 1Create your account and verify your identity. Sign up at coinbase.com with your email and complete identity verification with your ID or passport. The process is fully guided and takes five to ten minutes.
- 2Link your bank or card. Coinbase accepts bank transfer (free SEPA), debit card, and PayPal depending on your country. Bank transfer is the most cost-effective option for adding funds.
- 3Buy your first cryptocurrency. The Coinbase interface is particularly straightforward: choose a cryptocurrency, enter the amount, and confirm. You can start with just a few euros. Bitcoin and Ethereum are the most common starting assets.
- 4Enable staking to generate yield. Coinbase lets you stake ETH, SOL, and other selected cryptocurrencies directly from the app, with no technical knowledge required. Returns vary by asset and market conditions. You can activate it with a single tap.
- 5Manage your portfolio and withdraw whenever you want. You can sell your crypto and withdraw funds to your bank at any time. Euro withdrawals via bank transfer are usually free or very low cost.
Pros
- ✓The most regulated crypto platform in the western world, Nasdaq-listed
- ✓Very simple and intuitive interface, perfect for beginners
- ✓Staking with variable returns by asset, with no technical complexity
- ✓Over 240 cryptocurrencies available with strong regulatory backing
- ✓Highly rated and easy-to-use mobile app
Cons
- ✗Higher fees than Binance or other low-cost exchanges
- ✗Less variety of available cryptocurrencies than competitors
- ✗Staking returns can change over time
- ✗Some advanced features are only available on Coinbase Advanced Trade
Tip to maximize earnings
Coinbase is the best first choice if you value security and simplicity over cost. Once you have experience and want access to more assets or lower fees, you can complement it with Binance. ETH staking on Coinbase is one of the simplest ways to generate crypto yield with no prior technical knowledge. This guide is informational only: we do not provide investment advice and cryptocurrencies carry a risk of loss.