Cryptocurrency exchange Coinbase has announced that its Coinbase Earn program, which allows users to earn rewards while learning more about cryptocurrency and blockchain technology, is now available in 103 countries around the world.
“Users from the United States, United Kingdom, many countries in the European Union (Belgium, Switzerland, Denmark, Ireland, Germany, Iceland, Luxembourg, Netherlands, Norway, Sweden), Canada, Singapore, Australia, Hong Kong, New Zealand, South Korea, and Taiwan can now sign up to Coinbase and start earning immediately upon ID verification and meeting Earn eligibility criteria,” said the announcement.
Users in countries where Coinbase is available but not listed above can choose to get verified and then join a waitlist to become eligible for joining the Earn program.
“The rationale behind Coinbase Earn is that as we progress from mining cryptocurrency to buying it to earning it, we open up new opportunities for people to learn about blockchain technology,” Coinbase said.
Earn while you learn
Earn was first launched in December of last year. Members get cryptocurrency rewards for completing educational tasks such as watching videos and completing quizzes.
At launch, Earn members were only given payouts in 0x (ZRX), but the program has since expanded to include rewards in stellar lumens (XLM), zcash (ZEC), and Brave Browser’s basic attention token (BAT). Coinbase plans to add support for more tokens soon.
“Like Brave, Coinbase Earn removes intermediaries and inefficiencies so that users can benefit,” said Brave CEO and co-founder, Brendan Eich. “It’s exciting to see Coinbase Earn expand globally so that even more users can get involved with digital assets.”
Coinbase further commented that thanks to its international expansion, anyone with a smartphone in a country where the Earn program is available can now earn crypto while learning about it.
“This means millions more people now have a trusted, safe, and legal bridge to the cryptoeconomy — even if they don’t have a credit card or bank account with which to buy cryptocurrency,” the company said.