{"id":32600,"date":"2020-12-01T09:43:22","date_gmt":"2020-12-01T07:43:22","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=32600"},"modified":"2025-08-28T09:29:45","modified_gmt":"2025-08-28T06:29:45","slug":"coinbase-gears-up-for-ethereum-2-0-launch","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/coinbase-gears-up-for-ethereum-2-0-launch\/","title":{"rendered":"Coinbase gears up for Ethereum 2.0 launch."},"content":{"rendered":"<p>The largest US cryptocurrency exchange, Coinbase, has outlined preparations for Ethereum 2.0, with the zero phase due to take place today, December 1.<!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">On December 1, the Ethereum Beacon Chain will launch, beginning a multi-year upgrade to Ethereum 2.0 (ETH2). Coinbase intends to fully support ETH2 through staking and trading.<\/p>\n<p>Read more here: <a href=\\\"https:\/\/t.co\/e1fsAohT4j\\\">https:\/\/t.co\/e1fsAohT4j<\/a><\/p>\n<p>\u2014 Coinbase (@coinbase) <a href=\\\"https:\/\/twitter.com\/coinbase\/status\/1333478962576715777?ref_src=twsrc%5Etfw\\\">November 30, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The largest US cryptocurrency exchange will offer clients a service to convert ETH1 into ETH2, as well as the ability to stake new coins.<\/p>\n<blockquote>\n<p>\u201cCoinbase intends to support ETH2 through staking and trading. Users on the platform will be able to convert ETH in their Coinbase accounts and earn staking rewards,\u201d the company blog says.<\/p>\n<\/blockquote>\n<blockquote class=\\\"wp-embedded-content\\\" data-secret=\\\"sssRlz9zt2\\\">\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/launch-of-ethereum-2-0-phase-zero-whats-coming-and-what-users-should-expect\">Launch of the Ethereum 2.0 zero phase: what will happen and what to expect for users<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\\\"lazy\\\" class=\\\"wp-embedded-content\\\" sandbox=\\\"allow-scripts\\\" security=\\\"restricted\\\" style=\\\"position: absolute; visibility: hidden;\\\" title=\\\"\u00abLaunch of the Ethereum 2.0 zero phase: what will happen and what to expect for users\u00bb \u2014 ForkLog\\\" src=\\\"https:\/\/u1f987.com\/exclusive\/zapusk-nulevoj-fazy-ethereum-2-0-chto-proizojdet-i-chego-zhdat-polzovatelyam\/embed#?secret=1jaRjjBHiq#?secret=sssRlz9zt2\\\" data-secret=\\\"sssRlz9zt2\\\" width=\\\"500\\\" height=\\\"282\\\" frameborder=\\\"0\\\" marginwidth=\\\"0\\\" marginheight=\\\"0\\\" scrolling=\\\"no\\\"><\/iframe><\/p>\n<p>The ability to swap tokens between the old and new versions will appear in early 2021, even though ETH2 coins will be locked in the system until Phase 1.5. The launch of the latter is not expected before 2022.<\/p>\n<blockquote>\n<p>\u201cAnd while Ethereum 2.0 tokens remain locked in the Beacon Chain, Coinbase will make trading between ETH2, ETH and all other supported cryptocurrencies available, providing liquidity for our clients,\u201d the company representatives explained.<\/p>\n<\/blockquote>\n<p>The issued asset will be a derivative backed by coins held by Coinbase.<\/p>\n<p>Earlier, the balance of the Ethereum 2.0 deposit contract exceeded the threshold required to launch the zero phase a week ago <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-2-0-launch-scheduled-for-december-1-as-deposit-contract-surpasses-524288-eth\">exceeded<\/a>. At the time of writing, 27,273 validators <a href=\\\"https:\/\/t.me\/forklog\/16296\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">deposited<\/a> 872 992 ETH, which is 66.5% above the target.<\/p>\n<p>Follow ForkLog on Telegram: <a href=\\\"https:\/\/t.me\/forkloglive\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog FEED<\/a> \u2014 the full news stream, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase outlined preparations for Ethereum 2.0, with the zero phase due to launch today, December 1.<\/p>\n","protected":false},"author":1,"featured_media":32601,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,138,46],"class_list":["post-32600","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-coinbase","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"28","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=32600"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32600\/revisions"}],"predecessor-version":[{"id":32602,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32600\/revisions\/32602"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/32601"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=32600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=32600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=32600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}