Newbies

Coinbase Earn Quiz Answers (Updated July 2020)

One of the largest bitcoin wallet provider, Coinbase, offers within their Coinbase Earn programme free cryptocurrencies by watching a video and answer afterwards a survey.

Currently, Coinbase gives out six cryptocurrencies worth $167 in total if you answer all questions correctly. The rewards are varying from cryptocurrency to cryptocurrency.

The purpose of Coinbase Earn is to incentive users if they are willing to learn more about the utility and its underlying technology of related cryptocurrencies. The primary reason, according to Coinbase, is the lack of knowledge of other cryptocurrencies which prevents users to explore and invest in new digital assets and cryptocurrencies. With Coinbase Earn, the barrier should be eliminated allowing new and existing users to learn more about new cryptocurrencies as well as benefit from it.

Nevertheless, to start earning free cryptocurrencies on Coinbase Earn, you need to register firstly an account there. Customers from European countries may need to proceed through their KYC before. Customers from other countries will be put on the waitlist before they can access the survey

Below, we have listed the cryptocurrencies which are being given away on Coinbase with the corresponding answers which will be asked in the survey.

Compound ($9)

For each correct answer, you will receive $3 in COMP.

  • Answer No. 1: Earning interest
  • Answer No. 2: Supply a crypto asset as collateral
  • Answer No. 3: COMP token holders

Orchid ($52)

For each correct answer, you will receive $4 in OXT. Moreover, you can refer up to 4 people and receive for every referred friend $10 in OXT.

  • Answer No. 1: A peer to peer privacy wallet
  • Answer No. 2: Orchid’s Ethereum token, OXT, as well as the Orchid app and a Web3 wallet.
  • Answer No. 3: Multihop configurations between bandwidth providers.

Tezos ($6)

For each correct answer, you will receive $2 in XTZ.

  • Answer No. 1: Formal Verification.
  • Answer No. 2: A decent computer, an internet connection and 1 roll of Tez (8,000 XTZ)
  • Answer No. 3: Formal Governance

EOS ($50)

For each correct answer, you will receive $2 in EOS. Moreover, you can refer up to 4 people and receive for every referred friend $10 in EOS.

  • Answer No. 1: A blockchain protocol for fast, scalable applications
  • Answer No. 2: Delegated proof of stake
  • Answer No. 3: Fast, free transfers
  • Answer No. 4: Stake EOS tokens
  • Answer No. 5: Upgradable smart contracts

Stellar ($50)

For each correct answer, you will receive $2 in XLM. Moreover, you can refer up to 4 people and receive for every referred friend $10 in XLM.

  • Answer No. 1: A decentralized protocol that unites the worlds financial infrastructure
  • Answer No. 2: Facilitating low-cost, universal payments.
  • Answer No. 3: Transactions are fast, inexpensive, and global
  • Answer No. 4: To issue, exchange, and transfer tokens quickly and efficiently
  • Answer No. 5: It relies on the cooperation of trusted nodes to confirm transactions.
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