Coinbase announced Friday that its Coinbase Earn program is now open to users in more than 100 nations around the world. The program, first piloted in late 2018 on an invitation-only basis, allows Coinbase users to earn cryptocurrency by taking part in various educational tasks. According to the blog announcement:
Coinbase Earn enables Coinbase users to earn crypto for answering quizzes, completing tasks, and trying new decentralized protocols. Asset issuers likewise use Coinbase Earn to teach people how to use their new cryptocurrencies and blockchain projects. Earn opportunities are currently publicly available for Stellar Lumens (XLM), ZCash (ZEC), Basic Attention Token (BAT), and 0x (ZRX), with many more coming soon.
With the announcement, the program is now available for users in the U.S. and United Kingdom, as well as various countries across the European Union and Asia. Users can participate by signing up on Coinbase, completing their identity verification, and meeting the program’s eligibility requirements. There will also be a waiting list for users who live in countries where Coinbase Earn is not yet available.
Coinbase described the reasoning behind the program’s creation and explained that progressing “from mining cryptocurrency to buying it to earning it” provides an important opportunity for the public to become more educated about crypto technology:
With this international expansion, anyone with a smartphone in a supported country can now earn crypto while they learn about crypto just by setting up a free Coinbase account. 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.