Meet Coinbase Wrapped BTC and Coinbase Wrapped Staked ETH on our platform! You can now top up your balance with them and multiply your assets in the Earn program.
Coinbase Wrapped Staked ETH (cbETH) is a token representing ETH staked within the Coinbase ecosystem. Staking involves locking a certain amount of ETH to verify transactions on the Ethereum network in exchange for rewards. cbETH can be freely traded, transferred and used in DeFi applications and on other decentralized platforms without unlocking the staked ETH and losing the earnings.
Coinbase Wrapped BTC (cbBTC) is a token backed at a 1:1 ratio by bitcoin stored on the Coinbase platform. It can be exchanged for the base asset if needed. cbBTC enables you to use bitcoin in new ways: staking, collateral for loans, as a payment method and in DeFi applications.
Starting today, these tokens are available on our platform for deposits. Additionally, we are immediately adding them to our passive income program, Earn.
Here’s how much you can earn with these tokens:
⭐️ cbETH – up to 4% per year
⭐️ cbBTC – up to 5% per year
To subscribe to Earn:
1️⃣ Log in to your account on exmo.com or create one
2️⃣ Top up your cbETH or cbBTC balance in the “Wallet” section
3️⃣ Go to the Earn program page and find cbETH or cbBTC in the list of available assets
4️⃣ Choose the subscription term and type, specify the amount to start with, and click Start