Coinbase is one of the most popular cryptocurrency exchange platforms. Based out of the US, it was founded in June of 2012. It also happens to be one of the few companies that operate remotely and has no physical headquarters.

With more than 89 million users, Coinbase operates in more than 100 countries with a quarterly traded volume amounting to $547 billion.

Coinbase

Coinbase Tezo Staking rewards pending

Adding to the trouble, Coinbase users are now saying they still haven’t received their Tezo Staking rewards since March 30 (1,2,3,4,5).

Coinbase-Tezo-staking-rewards-pending
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Stopped receiving Tezos rewards April 1st? March 31st was the last staking reward deposit I received for my Tezos holdings and have called and messaged but no one knows or has responded why its stopped. I can see my APY accumulating still and shows as pending but would like a answer as to why the 3 day deposits stopped?
(Source)

Anyone else having issues with the tezos staking rewards? Since April 1st My rewards have not been added to my account. The lifetime rewards are still accumulating but they aren’t being added to my account. I received an email stating they acknowledge the issue and will resolve it asap. Just wondering anyone else is dealing with this.
(Source)

Thankfully, Coinbase Support has acknowledged the issue and said they are working on a fix. However, there is no ETA on when the rewards will be handed out.

Hi, Clinton! Our team is aware of this issue and is working on getting everything back to normal as soon as possible. While we don’t have an estimated time to resolution, we recommend periodically checking your account to see if the issue has been resolved. Thanks!
(Source)

Cardano Staking rewards not received

As it turns out, Coinbase users still haven’t received their Cardano Staking rewards as well (1,2,3,4,5). With some reports dating back almost a month, it looks like the problem has been affecting users for quite some time now.

Coinbase-Cardano-staking-rewards-still-pending
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It has been 27 days now and i haven’t received a single reward for cardano even though you advertise that this coin yields 3.75%. I contacted support weeks ago and they said i’d get an email from a rep to gather more details about the staking situation but have yet to hear from anyone. I don’t need you to post a link to an useless article or post the same messages you post on similar questions people post.
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Cardano Staking No Rewards received. Has anyone else had trouble receiving their staking rewards for ADA? It said that we would receive them after 20-25 days and I am going on 28 with no rewards, which would be compounding. If anyone knows what is going on or how to fix it please share!
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Fortunately, Coinbase Support shed some light on the matter and said they are aware of the issue, but did not share any timeframe on when it will be fixed.

Hey there, u/wshxii! We are aware that users staking ADA are seeing incorrect pending rewards in our mobile app. This is just a UI issue and user’s rewards calculations and payouts at the end of epoch period (25 days) are not affected. If you log into the desktop site, you will see the correct pending rewards in the UI. We are actively working on fixing the incorrect display of pending rewards in upcoming mobile release. Thanks for staking with us – we will share more updates soon!
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We hope Coinbase soon sorts out the problem and gives users the pending Staking rewards in the coming days. As always, we will be keeping an eye out on further developments and update this space as and when required so stay tuned.

Note: We have more such stories in our dedicated Gaming Section so be sure to follow them as well.

Featured image source: Coinbase

PiunikaWeb started as purely an investigative tech journalism website with main focus on ‘breaking’ or ‘exclusive’ news. In no time, our stories got picked up by the likes of Forbes, Foxnews, Gizmodo, TechCrunch, Engadget, The Verge, Macrumors, and many others. Want to know more about us? Head here.

Anurag Chawake
1373 Posts

My fascination with technology and computers goes back to the days of Windows XP. Since then, I have been tinkering with OS, mobile phones, and other things. When I am not working on anything, you will find me enjoying video games on some Discord server.

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