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How to Stake Mintlayer (ML) on Coinbase

Coinbase may not directly support ML staking, but you can still use Coinbase to buy ML and transfer it for staking.

Current APY

12.0%

Price

$0.0068

Platform Fee

25–35%

Platform Type

Exchange

Start Staking ML on Coinbase

Coinbase handles all the technical setup. Your assets are insured.

Stake ML on Coinbase →

Step-by-Step: Stake ML on Coinbase

1

Create a Coinbase account

Sign up at Coinbase, complete identity verification (KYC), and secure your account with 2FA.

2

Deposit or buy ML

Transfer ML to your Coinbase wallet, or buy it directly using fiat currency (bank transfer, card, etc.).

3

Navigate to Staking

Go to the staking or earn section on Coinbase. Find Mintlayer (ML) in the list of available staking assets.

4

Choose your staking amount

Enter the amount of ML you want to stake. Review the estimated APY, lock period, and any fees.

5

Confirm and start earning

Confirm the staking transaction. Your ML will begin earning rewards, usually within 1–3 days. Rewards are typically auto-compounded.

Coinbase for ML Staking: Pros & Cons

Pros

  • + Fully regulated and insured up to $250K (fiat)
  • + Beginner-friendly — no wallet setup required
  • + Supports 8+ stakeable assets
  • + Staking rewards auto-compound

Cons

  • - High commission (25–35%) compared to self-custody
  • - Custodial — you don't control your keys
  • - Not available in all US states or countries
  • - Lower APY than direct staking

FAQ: ML Staking on Coinbase

What APY can I earn staking ML on Coinbase?
The current estimated APY for ML staking is around 12.0%. Actual rates vary based on network conditions, validator performance, and Coinbase's fee structure (25–35% commission on rewards).
Is staking ML on Coinbase safe?
Coinbase is a custodial exchange with a high risk profile for ML staking. As a custodial platform, they manage your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake ML from Coinbase?
Unstaking times depend on the network: Flexible (ETH has ~2 day unstake). During the unstaking period, your ML won't earn rewards.
What fees does Coinbase charge for ML staking?
Coinbase charges 25–35% commission on rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake ML on other platforms?
Yes! You can compare all available platforms for ML staking on our How to Stake Mintlayer guide. Different platforms offer different APY rates, fees, and custody models.