Coinbase's cbETH: Empowering Users with Wrapped Staked ETH Tokens
Coinbase introduces Wrapped Staked ETH (cbETH), offering versatile asset management for Ethereum (ETH) holders. Fee-free wrapping process with dynamic conversion rate influenced by staked ETH rewards. Easy transacting and off-platform trading on Coinbase. Tax implications for selling cbETH. Streamlined wrapping and unwrapping processes through Coinbase platform.
Edmund