There has been quite a lot of talk in the crypto world around Coinbase Earn, such as, how to make money on Coinbase and how legitimate of a source is it to make money on in the first place? If you have been active in crypto, you have most likely heard about this too. So, to help you out with the answers, we have curated this one-stop blog that has everything you need to know about making money on Coinbase Earn and more!
Cryptocurrency has been a part of the world for quite a few years now but it is only recently that this form of currency has started being noticed by the masses. Even long-term non-believers like the business tycoon Kevin O’ Leary from Shark Tank has converted to becoming hardcore crypto-believer. Though crypto may only be accepted as a legit mode of transactions in a few chosen parts of the world at present, crypto investors are in all corners, even where crypto has not yet legally been accepted as a form of currency. It is especially in those locations that crypto is considered as a long-term investment area for long-term wealth creation.
On the other hand, what if investing in crypto itself can make money? Why not, right? We bring to you Coinbase Earn! Coinbase is a household name for all crypto traders & investors- beginners and professionals alike. With a user base of over 35 million, it is one of the largest crypto-exchange brokers in the US and globally. If you have already installed the app on your phone, here’s what you may want to learn about Coinbase Earn as a platform to make yourself some bucks.
What Is Coinbase?
Coinbase, an easy-to-use crypto-exchange platform, founded in 2012, is a fully licensed and regulated cryptocurrency exchange broker, operating in over 100 countries globally, including the US, Austria, Bulgaria, Croatia, Belgium, and Cyprus. In the US alone, Coinbase is available in over 40 states and territories. As a platform, it is subscribed to by more than 35 million users, making it one of the largest digital currency exchanges in the world. Coinbase started with only Bitcoin as a digital currency but has now added multiple others like Bitcoin Cash, Litecoin, XRP, Ethereum, etc.
Okay, all of this sounds good, but how to make money on Coinbase? The answer is Coinbase Earn. But before we get to what Coinbase is and things to learn about it, it must be understood that having a Coinbase account is one of the prerequisites of joining the Coinbase Earn program. Here’s a quick brush-up on how to make a Coinbase account.
How To Make A Coinbase Account?
- Click on the “Sign-In” button (top right-hand corner of the home page)
- Fill in your credentials (name, email address, and password)
- Enter phone number
- Verify your sign-up via the OTP sent to your phone number
- Enter your ID details to prove your identity
At this point, United States citizens will also need to input their social security number to proceed. Once the account is successfully created, you can add your bank account details to enable any deposit or withdrawal from the platform.
What Is Coinbase Earn?
Coinbase Earn is an incentive program by Coinbase that allows beginner Coinbase users to learn and earn cryptocurrency on Coinbase in return. Sounds too good to be true? There’s more. The exhaustive educational content by Coinbase covers all the basics of cryptocurrencies and as the users learn more and more, they are allowed to unlock lessons and start earning crypto.
How Coinbase Earn Work?
Coinbase Earn runs on a very easy-to-use, adaptive, and intuitive interface that makes even first-time trading super easy to do. Coinbase Earn imparts all the necessary knowledge and skills you would need, even as a beginner, to perform crypto trades. The education material is supplied in the form of videos on your favorite cryptocurrency followed by short quizzes to test your understanding. Once the module is completed, the user gets rewarded with the particular cryptocurrency that was picked to learn, hence helping you make money on Coinbase!
All eligible Coinbase users can use Coinbase Earn to access educational content on any of the supported cryptos like Band, GRT, MKR, CGLD, COMP, XLM, etc.
What Is The Eligibility To Make Money On Coinbase Earn?
Coinbase Earn is available for users in more than 100 countries including the US, the UK, Austria, Canada, Japan, Taiwan, etc. If your country is listed in the countries where the program currently runs, simply make a Coinbase account to join the Coinbase Earn program. Remember to check if you meet eligibility then you can start making money on Coinbase!