This is Legit, Really
I wanted to make a title that didn’t sound like an ad or a corny get rich quick scheme. I’m not sure I succeeded. I know it sounds scammy or too-good-to-be-true, but it’s legit. I just did it and have the money in my account already.
What is Coinbase?
Coinbase is one of the best known entry points for people to exchange their fiat currency (e.g. USD, CAD, GBP, etc.) for a bunch of crypto assets that might interest them. While I respect the company for having set up a really solid platform early on for this nascent industry and scaling quickly for massive traffic, I don’t actively use them today.
I think Coinbase is a good starting point for those new to crypto interested in buying their first coins. However, there are other options out there with lower fees. What should you look for? I think a critical factor is whether they allow you to cash out of crypto when you want. As a Canadian, I have found Shakepay to be the best app available right now. They make getting in and out of crypto simple and efficient. It has a minimalist UI, supports e-transfers, has an active support team, and the fees are fair.
How to Get the Free Crypto
So, why am I writing about Coinbase then? Well, I have an interest in crypto and enjoy learning more about it in my free time. If you’re like me or have an interest in learning more about crypto, I recommend you make that time extra productive by using their Coinbase Earn program! They’ll actually pay you in crypto in the crypto asset you allow them to teach you about. Each video is about 2 minutes long and you can get about $2 USD in value per video, on average. Check out this one about the popular crypto currency called EOS, for example. Another popular one is about Stellar Lumens (XLM) which allows you to quickly earn $50 of XLM in minutes. I just went through the videos myself and earned about $50 in crypto in about an hour! Who knows what that might be worth one day?
Hats off to Coinbase for this one. I think it is a great initiative to accelerate the adoption of crypto, get more users on their platforms, and give an opportunity for different crypto projects to reach wider audiences. Kudos!