If you want to enter the world of cryptocurrencies, train about it and earn some money , we can stop by Coinbase Earn. The centralized exchange offers small courses with a small reward to incentivize you to take the courses.
Index of contents
What is Coinbase
As many of you already know, Coinbase is a centralized exchange that is regulated and is 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.
If you want to earn € 8.47 in Bitcoin, register with this link on Coinbase if you buy or sell more than € 84.73.
It should be noted 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. It should be noted that to be able to register, you have to pass the typical KYC-AML controls and that the platform gives information on the operations to the different governments.
What is Coinbase Earn
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 new knowledge and rewards them with a small amount of income.
The centralized exchange has chosen to create this integrated platform and empower 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.
This platform is unfortunately not available to all users, only a few are eligible. We will explain later which are the eligible users.
Users are encouraged to learn through a small reward. It would be a gamification process , since we will receive a reward for taking an action, which in this case is to acquire 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 (emphasize that they are in English) and fill out a short questionnaire or perform 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 the reward, unfortunately, not. So if you are looking to get small rewards, we recommend looking later in this article to see the eligible countries.
It is not known when Coinbase adds new content to obtain cryptocurrencies. The company seems to be deciding it as it goes, seeking to support reliable projects with potential.
Is it totally free?
Yes. In order to gain access to cryptocurrencies, it is not necessary to pay absolutely anything , just 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 the moment.
Is it a secure platform?
Yes. Coinbase is a highly secure centralized exchange and we shouldn’t have a problem . Indicate that the only official email of the platform is firstname.lastname@example.org and the exchange’s Twitter account is verified. In case there are doubts, Coinbase will never ever ask users for money to access this section or simply to use 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 it is 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 website to see the videos . If someone is not registered, the process is completely free, although somewhat slow and tedious.
After registering (if we are not) we will 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 will have to fill in a small questionnaire to demonstrate our learning. The big problem is that the videos are only in English.
So earning cryptocurrencies in this way is quite fast, like and simple. Not only do we get a small reward, but we can explore the blockchain, depending on the content viewed. You can also google the [cryptocurrency name] coinbase reddit for the answers , they always ask the right questions.
Final words on Coinbase Earn
It is a proposal from Coinbase so that users can obtain 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.
We recommend this article about what cryptocurrencies are and how they work
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 is not a simple process, but it is widely used and a great source of information for new users. They have the training and the option to acquire new cryptocurrencies in the same space.