Coinbase is the largest United States-based cryptocurrency exchange ranked by trading volume that offers all the tools needed to trade over 200 different cryptocurrencies and counting.
Coinbase was founded in June 2012 in San Francisco, California by Brian Armstrong and Fred Ehrsam and is currently a remote-first company as it has no physical headquarters. Its total revenue as of 2022 was $3.19 billion.
What Are Coinbase Learning Rewards?
"Learning Rewards" is the Coinbase native tag for its Learn & Earn program which incentivizes users after they learn about cryptocurrency projects by watching informative videos and subsequently taking a quiz about said cryptocurrency project.
How Does Coinbase Learning Rewards Work?
Coinbase Learning Rewards works similarly to CoinMarketCap's Learn & Earn Campaign. Crypto projects in a bid to promote their brand and acquire more adoption takes advantage of Learn & Earn campaigns in the cryptocurrency space.
These campaigns are designed to introduce, in substantial detail, crypto projects to a large audience and facilitate engagements and response from these audiences by incentivizing or rewarding them with the projects native tokens or any other crypto asset.
Coinbase serves as a host website for these crypto projects seeking to advertise and promote themselves, and also acts as an intermediary between crypto enthusiasts and these projects as they're responsible for arranging and managing the campaigns from the start to the finish.
Coinbase being a large user base of crypto assets garners large numbers of crypto users every day so the idea is to tunnel some or all of these audiences to these crypto startups using an incentivizing program that serves as a motivator. Overall, the underlying idea and goal still remains the same;
Users of the Coinbase platform get incentives after learning about crypto projects which will potentially increase the audience and adoption of said projects, so there is a win win situation for both the crypto projects and the user, and even more win for the user cause he or she acquires resourceful knowledge while being incentivized.
How To Participate In Coinbase Learning Reward?
● On your web browser type in "coinbase.com/learning-rewards/" and click enter.
● You'll be directed to a web page showing you a list with about 5 different crypto projects that are currently running the Learning Rewards program.
● To be eligible to participate in those programs you'll need to have a Coinbase account.
● If you have an account with Coinbase already then skip this part but if you don't, click on the "Get Started" button on the top of the page to register an account.
● Provide your first name, last name, email and password and click on the "Create Free Account" button.
● You'll be required to verify your email address so head on to your inbox and check for a verification link sent by Coinbase.
● Click on the verification link to complete your registration and you'll be required to sign in with your registered email address and password.
● You might be required to set up a two-step verification using your phone number.
● If successful you can go back to the Learning Rewards page and select a crypto project from the list to start learning and earning.
● If after signing in you don't see the Learning Rewards page any more, you'll have to follow the instructions on the banner provided to finish setting up your account by providing more personal details as Coinbase is a KYC (know-your-customer) centralized exchange.
● If after completing your account verification which might take up to 48 hours and you can't still find the option to learn and Earn then bear in mind that you're added to a wait-list but be rest assured that you'll become eligible to participate sooner.
How Many Times Can You Participate In The Coinbase Rewards Program?
You can participate only once on each project with one Coinbase account. Coinbase security policy makes it quite difficult to participate multiple times using multiple accounts.
Who Can Participate In The Coinbase Learning Rewards?
Everyone from Austria, Australia, Belgium, Bulgaria, Brazil, Canada, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, the Netherlands, Norway, New Zealand, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, Taiwan, the United Kingdom, or the United States. More countries will be added to the list with time as Coinbase is working hard towards it.
How Do You Claim Your Rewards On Coinbase Learning Rewards?
Coinbase requires KYC (know your customer) verification with it's exchange before you can claim your earned cryptocurrency.
So you'll have to complete the verification process with your personal information, ID and photo verification that might take up to 48 hours.
If successful you'll be able to withdraw your earned rewards using your personal Coinbase wallet as rewards will be sent to your Coinbase crypto wallet address.
Is Coinbase Learning Rewards Safe?
Yes. Coinbase Learning Rewards is legit and safe. Meticulous measures are taken before crypto projects are selected to be part of the Learning Rewards program so you're sure of works worth after you complete a project learning module.
This doesn't eliminate the fact that cryptocurrencies are volatile and still subject to unpredictable market outcomes so caution and personal research is advised as Coinbase isn't liable for the market turnout of any project.
Can You Get Rich With Coinbase Learning Rewards?
No. You can't get rich with Coinbase Learning Rewards program. You can earn on average $4 to $8 from each completed Learn and Earn module on Coinbase.
This will best serve as a money on the side sort of stuff and not something that'll practically make you rich. Unless of course, your $4 woth of crypto shoots to the moon overnight.
Disclaimer: The content on this page and all pages of Icoverage.io are presented for informational purposes only and should not be considered finance or legal advice.
This page may contain affiliate promotions, see our affiliate disclosure to learn more.
