Cryptocurrency exchange Coinbase has expanded its Earn program to 103 countries.
Coinbase Earn was launched last December, and rewards users in cryptocurrency for completing various educational tasks, including watching videos and taking quizzes.
“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.
While, at launch, the program offered rewards in only 0x (ZRX) token, it's now expanded to stellar lumens (XLM), zcash (ZEC) and the Brave browser’s basic attention token (BAT). The exchange said more tokens will be supported soon and added that users must pass an ID check to gain access to the service.
Brave CEO and co-founder, Brendan Eich, commented:
Stellar Development Foundation co-founder, Jed McCaleb, said that Earn is helping expand Stellar's network, enabling “millions of real and unique users” in over 100 countries to earn XLM while they learn about the cryptocurrency.
Coinbase also said in the post that it's making over $100 million available to users of the scheme. Earlier this month, Earn.com founder and ex-Coinbase CTO Balaji S. Srinivasan said on leaving the exchange: “The Earn integration was successful and we’ve closed ~$200M in deals for the new Coinbase Earn.”
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.