Coinbase Announces the Addition of EOS to Its Earn Roster

Crypto enthusiasts now can receive up to $10 in EOS tokens by watching videos on Coinbase Earn.

Coinbase’s recently departed chief technology officer Balaji S. Srinivasan said, “We think a large number of people will obtain crypto not by buying it or mining, but by earning it.”

Srinivasan made the comment on behalf of his former employer at a event on Saturday in Washington, D.C. He was on stage with the vice president of engineering, Tim Wagner, to reveal the addition of EOS to the Earn roster. Established after Coinbase acquired, which Srinivasan founded, Earn enables users to receive crypto rewards for studying about several protocols.

EOS joins ZEC, XLM, ZRX, and BAT in the Earn program, which recently made available to 103 countries. Coinbase states it has more than $100 million worth of crypto available for its users to earn through the Earn website.

A Coinbase spokesperson confirmed that the new EOS feature is no available.

“Behind the scenes of EOS showing up on our platform, Coinbase does deep analysis,” Wagner said at the event.

EOS initially appeared on Coinbase Pro in April and subsequently rolled out its consumer product on June 1. The addition of the token comes following Coinbase’s announcement in September last year that it would add new cryptocurrencies more speedily, revealing at the time a new listing method for digital assets.

Wagner said that EOS would also go live on Coinbase Custody soon.

“For any of us to succeed, crypto must succeed,” Wagner stated.

The EOS price is currently trading at $7.77, according to CoinMarketCap.