Coinbase is a popular online platform that is heavily secured and is known for trading, selling, transferring, and storing digital currency like Cosmos and Tezos. It is one of the top consumer-facing cryptocurrency exchange since 2011. People have been flocking to know how to earn crypto on Coinbase. Most users concluded that it became much of a use and is convenient when transacting. You do not have to wait long before you can start gaining. After several clicks, you can know how to earn on Coinbase. Let’s find out!
Signing Up With Crypto
You need to sign up before you know how to earn crypto on Coinbase. Though it may sound demanding, confusing, and complicated, people can access Coinbase through their cell phones and personal computers. Upon opening Coinbase, you need to sign up for an account using your email address. It is free of charge, and all you have to do is verify your account when messaged through your email. Even an account at a starting level, you could be able to earn crypto right away. With minimal to no knowledge of how to use the platform, you can gradually learn how to explore. So, without much of a wait, here are some ways to earn crypto on Coinbase.
Ways On Earning Crypto On Coinbase
How to earn crypto on Coinbase and how fast cryptocurrency on Coinbase is primarily dependent on the user’s way of obtaining it. The possible gaining amounts vary reliant on its method and under what course you twitch up. To fully inform yourself of how you can earn more and how, here are some strategies for gaining digital currency, also known as cryptocurrency on Coinbase.
Learn And Earn
This earning cryptocurrency method is for those who are clueless and hungry for information about digital currency. Just by clicking ‘start course,’ watch some educational videos under specific crypto, you can earn tokens from them. It is about 2-3 minutes video, and at the end of the clips, you have to take a quiz, answering some questions related to the video. That is how to earn crypto on Coinbase.
Coinbase will instantly send you an email that you acquire tokens from them if you have been successful. The amount of crypto to earn depends on the course you joined. On how much you will make upon starting with the lessons, you can see it labeled. However, this method of earning is only limited. It has a finite amount of funds for the users to make for free. It requires you to move fast and be on guard if you wanted to earn crypto in this kind of way. But, Coinbase is a large cryptocurrency exchange platform, though it is for a little cost and redemptions, expect a bunch of cryptocurrency choices to join and earn.
Another way of earning crypto in Coinbase is stacking, wherein it is the process of keenly joining in validating transactions on a proof-of-stake (POS) blockchain. Unfortunately, this method is only eligible to the users living in Belgium, France, The Netherlands, Slovakia, USA, UK, and Spain, excluding New York (for Tezos and Cosmos) and Hawaii residents. It is only possible for some like the two cryptos, the Cosmos (ATOM) and the Tezos (XTZ). It requires a minimum balance of 1 ATOM for Cosmos and 1 XTZ for Tezos to start validating transactions and earning stacking rewards.
A node will deposit your balance to a network as a stake. The size of the stake is similar to the possibility for a node to forge the upcoming block. Every time a node successfully blocks, Coinbase will reward the validator. However, the validators would lose their stakes if they would attempt to attack the network. In stacking, you must have your account identity verified before you can be eligible for the rewards.
It is the most known method of earning. Every user automatically has their referral code upon registering to Coinbase. The referral page of the platform is where you can see it. Upon signing up, your referral can paste the referral link or click the link on his/her email. You and your friend could also both earn at the same time with this program if your friend gets to buy and sell at least 100 US Dollars (or 100 US Dollars equivalent on your place’s currency) within 180 days or six months after registering.
With just numerous clicks, you could send invites on any social media platforms such as Facebook, Instagram, Twitter, and you can even send it to your friend’s email address. You could also copy your referral link and start sharing it with people. What is good with Coinbase’s referral program is that you can send an unlimited referral. It has no limit, and as long as people kept clicking on your link, you will get credited for it.
However, it is prohibited to have duplicate and fake accounts. Coinbase verifies your referrals before giving the user the bonus, and it will be acknowledged as a fraud and from the program. You cannot advertise your link through paid advertisement. If you engage in this method, you will be deactivated and are not suited for referral payment anymore. You can also send funds through an email address. It is considered and will register as a referral as well.
How Can I Discover More Ways On Earning Crypto On Coinbase?
As Coinbase kept growing and upgrading its platform, more opportunities will bloom in the next days for its users. You can stay updated with these at the same rewards page section. In the coming months and years, Coinbase will expand more possibilities for the people can start earning. It aims to establish knowledge to the people about the different cryptocurrencies and help how to use them.
Tip: You can download the official Coinbase application on your mobile devices to stay connected with the platform’s updates. The Coinbase android application is available at Google Play store, while on iOS devices is available on its App Store. The application’s official name is ‘Coinbase – Buy & Sell Bitcoin’ published by ‘Coinbase, Inc.’ Learn more about crypto Coinbase here!
With such pieces of information, it may help to begin earning through Coinbase. Your next step might be opening an account and start earning cryptocurrency to be able to establish transactions. You must keep an eye on investments and find ways of getting it big. Make sure to be familiar with the platform’s rules to avoid wasting your time, effort, and, of course, crypto! Follow the opportunities that might open under Coinbase for you to gain more digital currency. There are more ways on how to earn crypto on Coinbase. Just wait keenly.