If you want to enter the world of cryptocurrencies, educate yourself about it and earn some money , we can go through Coinbase Earn. The centralized exchange offers small courses with a small reward to incentivize taking the courses.
What is Coinbase
As many of you already know, Coinbase is a centralized exchange that is regulated and currently based in the United States. Coinbase not only operates in the United States, it also operates in Europe and many other countries. It is characterized by being a platform for the purchase, sale and storage of cryptocurrencies with a simple interface.
The platform was founded in 2012 by Brian Armstrong and Fred Ehrsam in the United States. Both developed this exchange with the idea of offering a simple platform for buying and selling Bitcoin . One of the hallmarks of the platform is its high security.
Note that in 2015 it was the first licensed cryptocurrency exchange in the United States. Therefore, the centralized exchange Coinbase is the first to be admitted in the United States. Note that in order to register you have to pass the typical KYC-AML controls and that the platform provides information on the operations to the different governments.
What is Coinbase Earning
Learning platform about different cryptocurrencies within the centralized exchange Coinbase. Coinbase with this solution seeks to offer users training and useful information. The centralized exchange offers users to acquire new knowledge and rewards them with a small amount of income.
The centralized exchange has chosen to create this integrated platform and enhance it by rewarding users who pass the courses. Depending on the course, you can earn between 3 to 5 dollars from the cryptocurrencies that the course is about.
Unfortunately this platform is not available to all users, only a few are eligible. Later we will explain which users are eligible.
Users are encouraged to learn with a small reward. It would be a gamification process , since we will receive a reward for performing an action, which in this case is acquiring knowledge. With the cryptocurrencies obtained, we can explore the operation of the blockchain in question or simply store them.
How Coinbase Earn Works
We are talking about a very simple, rewarding and, of course, educational section within the platform. We simply have to watch a few videos and fill out a short quiz or do a simple task to prove that you have obtained the knowledge.
When you complete it correctly you will receive your reward in your Coinbase wallet. Note that the videos are accessible to everyone, but unfortunately the reward is not. So if you’re looking to get small rewards, we recommend looking later in this article for eligible countries.
It is not known when Coinbase adds new content to earn cryptocurrencies. The company seems to be deciding it on the fly, seeking to support reliable projects with potential.
Is it totally free?
Yes. To access to be able to earn cryptocurrencies it is not necessary to pay absolutely nothing , only an account in the centralized exchange. We only have to register in the exchange, pass the KYC-AML process and then we can participate. The downside is that there are countries that are not eligible for this promotion, at least at this time.
Is it a secure platform?
Yes. Coinbase is a highly secure centralized exchange and we shouldn’t have any problems . Indicate that the only official platform email is email@example.com and the exchange’s Twitter account is verified. In case there is any doubt, Coinbase will never ask users for money to access this section or simply for using the platform.
Who are eligible?
Currently users from the following countries are eligible:
Austria, Australia, Belgium, Bulgaria, Canada, Croatia, South Korea, Denmark, Spain, United States, Estonia, Finland, France, Greece, Hong Kong, Hungary, Ireland, Iceland, Italy, Japan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Norway, New Zealand, the Netherlands, Poland, Portugal, the United Kingdom, the Czech Republic, Romania, Senegal, Singapore, Sweden and Switzerland.
From Coinbase they report that they are working to add more countries. Users who are not on the list will not be able to earn the reward, but they will be able to take the small courses.
How do I start earning cryptocurrencies?
We only have to access the exchange and go to the specific web page to see the videos . If someone is not registered, the process is completely free, although somewhat slow and cumbersome.
After registering (if we are not) we only have to go to see the corresponding page and see the different videos. Once we watch the videos, we take a short quiz and the reward is added to our Coinbase account. As you can see, the process is very simple.
How can I earn rewards
We have commented on it, but we repeat it again, since it is important that you have it clear. To get the small reward offered by the exchange, you have to see the contents. Once we have seen the videos, we must fill out a small questionnaire to demonstrate our learning.
So earning cryptocurrencies in this way is quite quick, easy and easy. Not only do we get a small reward, but we will be able to explore the blockchain, depending on the content viewed. You can also google the [cryptocurrency name] coinbase reddit for the answers , they always say the right questions.
Final Words on Coinbase Earn
It is a proposal from Coinbase so that users can gain knowledge and at the same time get a reward for their time. Coinbase Earn is completely legal, free and safe, since we do not have to invest any capital, only time. It is also one more mechanism of this centralized exchange to attract new clients.
There are many centralized exchanges that are committed to adding a training section for users. These sections, usually called «Academy» allow you to position yourself in search engines, attract users and convert them into customers. It’s not an easy process, but it’s widely used and a great source of information for new users. These have the training and the option to acquire new cryptocurrencies in the same space.
How about Conbase Earn and tell us what courses you have completed?