The largest US digital currency exchange, Coinbase, has expanded its education reward programme to more than 100 countries.
Launched in late 2018 in a limited capacity, Coinbase Earn allows users of the platform to earn cryptocurrency for completing educational tasks. On Friday, Coinbase announced that it was expanding the programme to a much larger number of users.
“Specifically, 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,” Coinbase wrote in a blog post, adding that users in other countries where Coinbase was available could “get verified” and then join a waitlist to become eligible for the programme. The company also said that currently, users could earn Stellar Lumens (XLM), ZCash (ZEC), Basic Attention Token (BAT) and 0x (ZRX), with more “earn opportunities” coming soon.
Coinbase explained that Earn was aimed at providing new opportunities for people to earn about blockchain technology. This expansion means that “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 blog post concludes.
The San Francisco-based exchange has in recent weeks been taking steps to expand its services to more countries. Last month, the company launched crypto-to-crypto trading options in 11 countries in the Latin America and Southeast Asia regions, increasing its reach to 53 countries, spread across four continents. And last week, it made USD Coin (USDC) trading available to customers in 85 countries on Coinbase and Coinbase Pro, in an effort to deepen its support for crypto-to-crypto trading. USDC is the only stablecoin supported on Coinbase’s platforms.
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