does coinbase pay interest on crypto

Coinbase, a cryptocurrency exchange platform, does indeed pay interest on cryptocurrency deposits. This interest is paid in the form of dividends, which are paid out to investors every three months. In fact, Coinbase pays a high dividend rate of 2% per year on most cryptocurrency deposits. This means that, on average, investors can expect to earn more than 1% of their deposits per year on Coinbase. This level of interest is not common in traditional banking, where interest rates are generally lower than 1% per year.