Whether one needs their funds to cash out on Coinbase or make any adjustments for new investments and need to unstake the crypto then it is quite important to have a thorough knowledge on the steps to pursue to prevent any sort of hassle. Coinbase approves unstaking and staking of assets such as Cosmos (ATOM), Ethereum (ETH), Tezos (XTZ), Solana (SOL), etc.
So without wasting further time let us look upon the main concern of this page like ‘How to unstake ETH on Coinbase?
How to unstake crypto on Coinbase App:-
The steps one must perform for Coinbase unstake on both web browser or mobile app has been mentioned below:
- Firstly, open www.coinbase.com through any preferred web browser or can go to the Coinbase App on the mobile. Enter the login details to get into the Coinbase account
- Next, move to the ‘Assets’ section and look for the crypto coins staked for say: Solana, Ethereum.
- Select on Asset to go through the details that includes rewards, staked information etc.
- Hit the button on ‘Unstake’ (If network permits direct unstaking) or click on ‘Request unstake’ option (If network shows period of waiting unstaking).
- *Delay unstaking network may take upto 3 to 21 days.
- Once the request for unstaking has been initiated, the tokens might need to undergo a halt period as per the regulation by blockchain.
- Once the funds are unstaked, Coinbase will send a notification to its users through email or on its app.
- On completion of unstaking, the staked cryptocurrency will be shown as the balance available. Users can now withdraw/ trade the unstaked cryptocurrency.
General Issues while Unstaking on Coinbase – Delay:
It has been seen that users generally come across issues such as:
- Network Maintenance
- Delays
- Rewards Missing
- Transaction stuck while unstaking
- Errors in wallet after the unstaking
Penning Down:
Thus, Coinbase aims to attain an in-depth perceptivity about ‘How do I unstake on Coinbase’ is crucial for handling cryptocurrency reserves in a very simplified manner. In case one finds it difficult to unstake Coinbase then users can easily reach the support service for expert guidance available 24×7. One can dial at 1 (888) 908–7930 to obtain assistance for live experts on topics related to withdrawal, unstaking and many more.
Frequently Asked Questions:
No, Coinbase allows supported assets only for staking to unstake. The common ones are Solana, Tezos, Ethereum and Cosmos.
The duration to unstake relies on the network. Ethereum might take from days to a week, Cosmos takes around 21 days and 2-3 days in Solana to proceed.
At the moment one request unstaking, earning rewards gets stopped. Rewards earned earlier remains in the wallet.