People interested in knowing about cryptocurrencies and would also like to earn as they learn can now do so thanks to Coinbase Earn.
On May 17, leading United States-based crypto firm Coinbase announced that the Coinbase Earn program was now open to the public. The platform noted in the announcement that it would now be allowing public access to the site for enthusiasts from more than 100 countries across the world.
Coinbase launched the service in December 2018, stating at the time that the intention was to educate people about cryptocurrencies beyond what they may know about bitcoin.
At the time, the exchange offered the program on the basis of invites-only. At that piloting stage, the goal was to allow a select group of users to earn digital assets when they learn about 0x (ZRX), an Ethereum-based cryptocurrency.
According to Coinbase, the survey had confirmed that there are so many people who did not wish to invest in cryptocurrencies. However, this group of uninformed users was eager and willing to learn. The survey noted that lack of knowledge was one of the major hindrances stopping people from exploring into the crypto space.
The program, which is a reboot of Earn.com that Coinbase acquired in 2017, will now allow visitors to take crypto-related quizzes and in return earn coins. At this phase, users can learn about Stellar Lumens (XLM), privacy coin Zcash (ZEC) as well as Basic Attention Token (BAT).
The program will initially target users in the United States, the U.K., as well as several other European Union countries. Other users who can access the program will be those in Canada, Singapore, and South Korea, among other countries around the world.
The platform said that interested parties in these locations now have the opportunity to sign up and undergo ID verification. They will then start earning crypto immediately as long as they meet the firm’s Earn eligibility criteria.
Coinbase has increased its presence with its USDC stablecoin trading option now available in over 85 countries.