How To Earn Free Altcoins & Crypto On Coinbase
How To Sign Up For Coinbase
Mining is hard on your computer and bad for the environment lets look at how to earn crypto without mining, and instead use Coinbase to earn cryptocurrency.
We’ll go over a few different ways that you can get free cryptocurrency using Coinbase
How Often Can You Earn Free Crypto On Coinbase
Coinbase Earn allows customers to learn about different cryptocurrencies via educational content and earn a bit of that crypto—just for learning about it! New cryptocurrencies (altcoins) get added to Coinbase Earn on a regular basis, so check back often. Be sure to verify your personal information to be eligible for Coinbase Earn offers. There is no limit to the offers you can complete, if the offer is open, Earn!
Coinbase How To Earn Rewards
The easiest way to start generating crypto rewards on Coinbase is through Coinbase Earn. In exchange for learning the basics about certain cryptocurrencies (usually by watching short videos), you can get some to try for yourself.
Since the launch of Coinbase Earn in 2018, users have received more than $100 million in Altcoins including 0x, Basic Attention Token, Zcash, Stellar Lumens, EOS, Dai, Tezos, Orchid, Compound, Celo, Nucypher, and the Graph.
If you’re signed in, but you don’t see the option to earn, please follow the instructions on the banner to continue setting up your account. If you’re added to the waitlist, you’ll have to wait to become eligible in order to be removed from the waitlist. This might take some time due to popular demand.
How To Get Coinbase Earn
If using the mobile app, navigate in the app to the ‘home’ tab, scroll down past the watchlist. You’ll see a section titled ‘Rewards’. Select that and find open offers to earn.
If using desktop simply navigate to coinbase.com/earn to view open offers to earn crypto. Be sure to use this link to get $10 in FREE Bitcoin
Eligible countries are:
Austria, Australia, Belgium, Bulgaria, Canada, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hong Kong, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, The Netherlands, Norway, New Zealand, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, Taiwan, Turkey, the United Kingdom, and the United States.
Stake Some of Your Crypto On Coinbase
Many cryptocurrencies now use a “Proof of Stake” consensus mechanism — which is a way their decentralized networks can ensure that all transactions are verified and secured without a bank or payment processor in the middle.
With such cryptocurrencies, you can earn free crypto simply for contributing to the security of the network — by “locking” some of your holdings into a staking pool for a certain timeframe. In exchange, you’ll earn cryptocurrency. This is an excellent option if you were planning to hold onto the crypto for a longer period — instead of having it sit idle, you can put it to work for you.
Via the main Coinbase app or website, eligible users can stake Tezos, Cosmos, ETH, Algo, Dai, or USD Coin and earn as much as 5% interest (depending on the type of asset being staked).
Visit coinbase.com/staking to learn more.
How To Stake On Coinbase
Staking is generally open to anyone who wants to participate. That said, becoming a full validator can require a substantial minimum investment (ETH2, for example, requires a minimum of 32 ETH), technical knowledge, and a dedicated computer that can perform validations day or night without downtime. Participating on this level comes with security considerations and is a serious obligation, as downtime can cause a validator’s stake to become slashed.
But for the vast majority of participants there’s a simpler way to participate. Via an exchange like Coinbase, you can contribute an amount you can afford to a staking pool. This lowers the barrier to entry and allows investors to start earning crypto without having to operate their own validator hardware. Staking is available to most Coinbase customers in the U.S. and many other countries.