<p>Coinbase, the cryptocurrency exchange, <a href="https://blog.coinbase.com/introducing-staking-rewards-on-coinbase-c394392a70eb">announced</a> in a blog post that it is now offering staking services for all U.S. customers, starting with Tezos.</p> <p>Customers holding any Tezos held on the exchange will be eligible to collect staking rewards of approximately 5%. Customers would receive rewards roughly every three days, which is the time it takes for a Tezos cycle in which new rewards are collected.</p> <p>Previously, Coinbase Custody had announced a staking service for its Institutional Clients where its clients were able to stake Tezos. The Block previously <a href="https://www.theblockresearch.com/a-look-at-coinbase-custody-and-its-staking-service-30401">estimated</a> that Coinbase Custody had generated approximately $7,580-$8,324 in revenue from Tezos rewards during its first two months in operation.</p> <p><img class="aligncenter" src="https://cdn-images-1.medium.com/max/1600/1*hcXL6BAo6xy2qzCCoee8Vg.png" /></p> <p>A Coinbase representative told <a href="https://www.wired.com/story/coinbase-bitcoin-staking/">Wired</a> that the exchange plans on expanding its staking rewards beyond Tezos to other networks that have adopted proof-of-stake systems.</p>