Coinbase Earn Review - How Can I Get Free Crypto?
Have you ever thought of earning cryptocurrency for free after watching a few educational videos? While it does sound strange, it is quite possible.
Coinbase offers you an opportunity to earn crypto as a reward while learning about it. Simply put, learn about the performance of different cryptocurrencies, and in return, get a few for free to try.
Coinbase Earn is a great program, but is it safe? To find out, explore this article further.
What Is Coinbase Earn?
Do you know that Coinbase has as many as 56 million users, and the platform is one of the most prominent digital currency exchanges? This platform works as a broker available in almost 100 countries worldwide.
What's more, Coinbase became quite popular after the launch of Coinbase Earn in 2018. What is this?
This feature allows users to explore differentcryptocurrencies through informational content in the form of educational videos. Coinbase.com itself creates all these tutorial videos.
Once you go through every content, you are asked to take a quiz to test your understanding. After you successfully complete the quiz, you receive some crypto in your wallet as a reward.
Coinbase Earn is quite a popular program among clients. This is because it offers users an opportunity to earn coins after going through a complicated procedure of learning.
Additionally, this program is a source of satisfaction for many people. While it helps beginners earn some coins for free, it also gives them know-how on different currencies and an idea on trading.
Who can earn Coinbase rewards? Anyone who qualifies as a user of this platform can benefit from the Coinbase Learn and Earn program. All eligible users can benefit from the already posted content and simultaneously unlock some additional lessons.
How Much Can I Get?
One of the best things about Coinbase Earn is that you can earn as many rewards as you want. For instance, you can make a minimum of $1 worth of crypto to a maximum of $12 value of the currency.
Further, if you prefer to study for more than one coin, you can earn a good amount. According to stats, clients have made more than $100 million since this program was first launched. That said, earning opportunities are limited to a few people and for a specific period only.
To put it simply, the amount of coins that you can earn through Coinbase Earn depends on many factors. First, it all comes down to the number of cryptocurrencies you plan to learn about. Secondly, your earning also depends on the value of the USD dollar against a specific cryptocurrency.
There is also another way to earn through Coinbase Earn. If you refer this program to someone, you can get $10 on every registration made. You are required to share the referral link to a friend or family member who wishes to participate in the program too.
Which Cryptocurrencies Can I Get as a Reward?
Below are the names and details of some of the cryptocurrencies you can earn.
FET Tokens: Fetch.ai is a program that allows people to create digital agents to perform various tasks. Once you take the course, you can earn up to $3 FET.
RNDR: By learning about the Render Network, you can earn a maximum of $3 RNDR per course.
AMP: You can earn up to $3 AMP after watching the relevant content.
Other currencies include GRT, MLN, COMP, BOND, FORTH, MATIC, SKL, NU, CGLD, and NMR. You can find the complete list on Coinbase's official website.
How Can I Get Free Crypto - A Step By Step Guide
Here are all the steps you can take to benefit from the Coinbase Earn program. Remember that there are two different routes, so choose a path that suits you the most.
Also, you should keep in mind that there are specific eligibility criteria that you will have to pass before exploring this program. Coinbase Earn waitlist covers all the points to look at before considering yourself eligible.
To be eligible for this program, you should:
Verify all your personal information, including address and date of birth
Complete the entire process of photo verification
Be a citizen of the countries such as Austria, Australia, Belgium, Bulgaria, Canada, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, 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, Turkey, the United Kingdom, and the United States.
Have only one account on Coinbase
Meet all the criteria related to internal fraud
Once you find yourself eligible, you can move further and choose a route for yourself. You can select between the direct or referral route.
Direct Route
Here are the steps you should take:
If you already have an account at Coinbase, you can choose this path and join the program.
Communicate your interest and receive an email on whether you can join or not.
If you are approved, log in and find the opportunity.
In some cases, you might be asked to wait, as the demand for this program is usually relatively high.
After finally receiving your turn, watch the videos and earn some knowledge with free crypto.
Referral Route
Instead of earning through videos or educational content, you can also get rewards by sharing a referral link with your friends or family members.
However, specific criteria can help you get that link. For instance, you can only earn a crypto, if your referred person:
Chooses to enter the program through your provided referral link
Has a Coinbase account already or have opened it before
Is not a resident of a country where particular crypto isn't listed
Completes at least one task from the program
If you can find an individual who falls under this criteria, send them the link and earn yourself some crypto rewards.
Top 10 Coinbase Reviews
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Comment
The platform's fees are notably high compared to other exchanges, eating into profits and making trading less attractive. Additionally, Coinbase's customer support can be slow and unresponsive. Overall, while Coinbase may be popular, its high fees, sluggish customer support, and limited coin offerings make it less than ideal for many traders.
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Comment
Coinbase does not withdraw money from the account!!! After 3 years of working with them, my account suddenly became suspicious ... The other day I tried to withdraw money and was refused! Support began to communicate terribly uncivilized, I don’t even know what to think....
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Comment
Reviews about Coinbase, in my opinion, speak for themselves. I have no confidence in these companies!
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Comment
The company does not comply with its own regulations! Promises one thing, does another. So you can't trade. You have to trust the company, and I can't do that.
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Comment
To begin with, Coinbase specializes in cryptocurrency trading only, so if you need other tools, Coinbase is definitely not your option. There is no demo account either, but with a $2 minimum deposit, this is forgivable. Moreover, several payment systems have been proposed for depositing funds, so there will definitely not be any problems. Education… Let's just say that I already know what is in Coinbase, as I have been trading for more than 5 years. But it will be useful for beginners. I consider Coinbase as a broker where you can learn how to trade, and then choose a broker according to your requirements. I’m talking about “learning to trade” literally: there are no investment offers in Coinbase. Only active cryptocurrency trading.
FAQs
Here are some common questions and their answers that you might find helpful before joining this program.
Is the Coinbase Earn program worth it?
Yes, it is. This platform allows you to earn some free Crypto after gaining some helpful information that can help you achieve your trading goals.
After how long can I know about my eligibility?
The photo verification process takes about 48 hours before you are considered eligible. So, you probably have to wait for two days before you can start earning.
Are the quizzes on Coinbase Earn expensive?
It all depends on your learning. If you have observed the videos and content, you won't have any trouble solving the questions.
Can I cash out my earnings immediately?
Yes, you can. You can withdraw your earnings using the mobile app of Coinbase.
Team that worked on the article
Ivan is a financial expert and analyst specializing in Forex, crypto, and stock trading. He prefers conservative trading strategies with low and medium risks, as well as medium-term and long-term investments. He has been working with financial markets for 8 years. Ivan prepares text materials for novice traders. He specializes in reviews and assessment of brokers, analyzing their reliability, trading conditions, and features.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
Olga has extensive experience in writing and editing articles about the specifics of working in the Forex market, cryptocurrency market, stock exchanges and also in the segment of financial investment in general. This level of expertise allows Olga to create unique and comprehensive articles, describing complex investment mechanisms in a simple and accessible way for traders of any level.
Olga’s motto: Do well and you’ll be well!
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.