Coinbase: answers to questions about cryptocurrencies to make money

It's been a few years since cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH) appeared. There is a very well-known currency exchange platform in the industry, coinbase. 2020 was a good year for them thanks to COVID containment and the shutdown of many economies. 2021 is likely to be a good year once again with PayPal that will allow the exchange of cryptocurrencies!

Make money with Coinbase

I'm not going to focus on cryptocurrencies or exchange platforms, but Coinbase gives you the opportunity to make money just by answering quizzes.

Quizzes that are of course about cryptocurrencies. The principle is super simple:

• First of all, you need a Coinbase account: https://www.coinbase.com/join/
• Go to the "Win cryptocurrencies by informing yourself": https://www.coinbase.com/earn
• You have a list of cryptocurrencies that you can win:
  • Algorand (ALGO)
  • Maker (MKR)
  • Celo (CGLD)
  • Compound (COMP)
  • Stellar Lumens (XLM)
  • Kyber Network
  • Orchid (OXT)
  • Tezos (XTZ)
  • Dai
  • Eos (EOS)
  • Zcash (ZEC)
  • Basic Attention Token
  • Ox (ZRX)

As you can see, you still have a nice list of cryptocurrencies that you can win on Coinbase. You earn $2 to 3 in cryptocurrencies per correct answer – some bonuses depending on the cryptocurrencies. Which means that 13 different quizzes each with 3 questions at 3 dollars, this gives us at least 117 dollars (about 100 euros) at the time of writing this article! Some quizzes allow you to earn 10 or 40 extra dollars depending on what is requested!

To be able to earn money with Coinbase's "EARN" program, you must either wait for a place to be freed up (which can take months), or click directly on one of my links allowing you access to the quiz.

Once you enter the quiz, you have an explanatory video of cryptocurrencies. The soundtrack of the videos is in English, but the French subtitles are available. The questions and answers are in French.

So you have the choice to watch the videos (coutes) or if you are interested in easy and quick money, you can take the answers I give you below.

Answers to Coinbase's EARN program

Answers to course questions about Algorand

Algorand is a scalable, secure and decentralized blockchain platform. Find out how it works and earn up to 6 $US in ALGO.

Link: https://www.coinbase.com/earn/algorand

1. Being scalable, safe and decentralized
2. A randomly selected ALGO token
3. Algorand Standard Asset (ASA)

Answers to course questions about Maker

Maker is a decentralized finance protocol ("defi") that allows anyone to borrow funds by providing a guarantee. Find out how it works and you'll earn up to 6 $US in MKR.

Link: https://www.coinbase.com/earn/maker

1. MKR and DAI
2. MKR holders
3. A crypto wallet and a crypto guarantee

Answers to questions from the course on Celo

Celo's goal is to give anyone with a mobile phone access to financial tools. Find out how it works and you'll earn up to 6 $US in CELO (originally listed on Coinbase as cGLD).

Link: https://www.coinbase.com/earn/celo

1. Make crypto accessible on mobile phones
2. Staking, governance
3. Use the Valora mobile app

Answers to Compound course questions

Compound is a protocol that allows anyone to borrow or earn interest on their cryptocurrencies. Learn how it works and you'll earn up to 59 $US in COMP.

Link: https://www.coinbase.com/earn/comp/

1. Earn interest on your crypto
2. Provide cryptocurrency assets as collateral
3. COMP token holders

Answers to questions from the Stellar course

Stellar is a platform that connects banks, payment systems and individuals. Discover how it operates and you'll win XLM.

Link: https://www.coinbase.com/earn/xlm/

1. A decentralized protocol that unites the global financial infrastructure.
2. Facilitate low-cost universal payments.
3. Transactions are fast, inexpensive and global.
4. To issue, exchange and transfer chips quickly and efficiently.
5. It relies on the cooperation of trust nodes to confirm transactions

Answers to the course questions on Band Protocol

Link: https://www.coinbase.com/earn/band/

The Band protocol provides real data to blockchains such as Ethereum, Solana and Polkadot. Discover how it works and earn up to 43 $US in BAND tokens.

1. Real World Data
2. Oracles
3. Earn crypto rewards

Answers to questions from the course on The Graph

Graph is a decentralized protocol for indexing and querying data from blockchains. Discover how it works and earn up to 3 $US in GRT tokens.

Link: https://www.coinbase.com/earn/the-graph

1. Block Chain Data
2. GRT tokens
3. Curators

And lo and behold, you've made easy money on Coinbase. Now you can either turn them into euros and get them back, or exchange them for other cryptocurrencies or invest and wait for your cryptocurrencies to increase in value! Good luck!