Did you know that Coinbase is giving away free crypto when you watch videos to learn how various cryptocurrencies work? That's right you can actually earn free crypto just for learning. And it's not just a couple of cents. For watching a few videos you'll earn $10 worth of the cryptocurrency you're learning about.
What is Coinbase Earn?
Coinbase Earn lets you earn free crypto for watching videos, completing quizzes and learning about cryptocurrency. Basically Coinbase wants to reward you for educating yourself and becoming more knowledgeable about cryptocurrency.
The videos are really good too – they'll teach you what each currency is, how it works and what it's used for. I certainly gained a deeper understanding cryptocurrency.
Currently you can learn about Stellar, ZCash, BAT, and ZRX. You've probably never even heard of these coins – and that's a good thing, because you learn what they are, how they work and earn cryptocurrency in the process.
Coinbase tends to add a new lesson series every few months. So it's worth checking back in regularly to see if there are new earning opportunities. There are limited spots, so it pays to keep checking.
How much do you Earn?
There are different amounts for each cryptocurrency – but I've found it to be about $10. For example, on the most recent lessons I did, I learnt about EOS. I watched 5 videos and answered a quick question at the end of each video. For each of the 5 lessons I was awarded $2 worth of EOS for a total of $10.
The coins are automatically added to your Coinbase Cloud Wallet. You could sell it, send it, use it or hodl it – it's up to you.
I don't know of a similar product that pays this much for doing something so easy.
How to Earn?
All you have to do is watch the videos about various cryptocurrencies and then answer a really simple question. Here is how to take advantage of this offer:
- Sign up to Coinbase here. You'll need a free Coinbase account
- Visit the Earn page and join the waitlist. There is a link on the Coinbase dashboard
- Starting learning and earning!
I'm not sure what verification requirements there are to start earning, but I'm guessing you'll need to have a verified Coinbase account. The verification process is quick and automated and took me know more than a few minutes to complete.
Let me know in the comments if you've managed to earn cryptocurrency through Coinbase Earn and how you've found the lessons.