May 20, 2019 13:00 UTC
May 20, 2019 at 13:00 UTC
Coinbase Earn Services Now Available in 100 Countries
Coinbase, the US-based exchange has expanded its Coinbase Earn services to more than 100 countries around the globe. The service was launched back in 2018 which allows the users to earn digital currencies for answering quizzes, completing simple tasks, and testing new blockchain-powered protocols and apps. Currently, the Coinbase Earn allows its users a number of earning opportunities in Stellar Lumens (XLM), Zcash (ZEC), Basic Attention Token (BAT), and 0x (ZRX).
Coinbase Earn also acts as a platform for learning about various new blockchain and crypto projects. In order to expand the userbase on the platform, the Coinbase Earn services are now available in United States, United Kingdom, Belgium, Switzerland, Denmark, Ireland, Germany, Iceland, Luxembourg, Netherlands, Norway, Sweden, Canada, Singapore, Australia, Hong Kong, New Zealand, South Korea, and Taiwan. A user can simply sign up with the Coinbase application, and meeting Earn’s eligibility criteria.
The Aim Behind Coinbase Earn
Coinbase with its Earn platform wants to begin a new era in the crypto space, where users can get hold of cryptocurrency by earning it rather than mining it. Mining cryptocurrencies has been the go-to options for the crypto enthusiasts up until now, however with the option like Coinbase Earn, users can simply participate in the simple quiz and other fun activities to earn crypto rewards.
Another problem with mining is the pre-requirements of a mining machine and high electricity bill that comes along with it.
Coinbase is surely making big strides to see a world-wide adoption and they have been working hard to achieve those goals. Apart from the expansion of its Coinbase Earn services, the San-Francisco based exchange also expanded its business services to 11 new countries this April.
The exchange also unrevealed its Debit card which would allow the users to spend digital currencies with ease. The debit card is Visa powered and allows users to spend their digital currencies at millions of locations. The debit card converts the crypto into supported fiat in real-time to make the transactions seamless.