Coinbase, the innovative US-based cryptocurrency exchange, is expanding its blockchain learning service Earn to more than 100 countries, according to a blog post published on May 17.
The Earn service incentivizes users to learn about crypto by rewarding them with various cryptocurrencies they learn about when they take quizzes, complete tasks, and test decentralized protocols on the platform. The program was established in an effort to reel in new users to the cryptocurrency space.
The Earn crypto asset pool contains $100 million worth of crypto that will be distributed to Earn users who participate in the program. Anyone with a smartphone can participate, and users do not even need a bank account or credit card, making it accessible to unbanked users in developing countries.
As stated in the Coinbase press release:
“The rationale behind Coinbase Earn is that as we progress from mining cryptocurrency to buying it to earning it, we open up new opportunities for people to learn about blockchain technology.”
The cryptocurrencies currently available in the Earn program include Stellar Lumens (XLM), ZCash (ZEC), Basic Attention Token (BAT), and 0x (ZRX), and Coinbase says more cryptos will be added as the program develops.
Have you tried Coinbase Earn to learn and earn cryptocurrencies? Let us know in the comment section below.