Coinbase crypto exchange offers videos and educational content explaining how crypto assets work and their advantages over each other. He’s also testing. With these tests, you can earn 16 – 30 – 40 USD depending on the period you are a member. As new tests come out over time, you win again. I explained them step by step in the article.
Important notice: This article includes sending your identity information to the site during membership to the stock market. If you do not want to share your personal information, close the article and exit.
So why do crypto exchanges ask you for an ID? They don’t want this, they didn’t want it before. States rightly enforce it. The reason is that states have required your identity to be requested for years in order not to be a source of money traffic, mafia and terrorism. This is true when opening an account at the bank or when making crypto transactions. In other words, the identity of everyone who trades on the stock market with crypto is technically clear.
Important notice: This article does not cover crypto trading. There is a gift to earn crypto just by watching videos and learning. Therefore, it is definitely not investment advice. It is for informational purposes describing the operation of a system.
Important notice: You must be over 18 years old. If you are not, you cannot even become a member. Close the article and do not continue reading.
Well, after making these legal and necessary warnings, let’s start:
You can become a member of the Coinbase site.
You can get started by clicking the reference link below.
What to write during membership:
Name and Surname
Email and strong password. Password must contain lowercase letters, uppercase letters, numbers, special symbols.
This information should be written in a safe place.
Click on the link sent to the email and confirm.
It will ask for the phone number, when the phone number is written an SMS will be sent to the phone. The code in the incoming SMS must be entered on the screen on the website.
In the next step, it will ask for a debit card, it is not mandatory to enter it.
It should be clicked as if entering a card, but in the window that opens, close the window with a cross and continue.
Select “Skip for now”
Membership Level 1 step is completed.
Let’s have a look at Coinbase Learn & Earn Activities
address can be entered.
As you can see, there are fixed fees for each course.
Clicking on one of the courses will ask for authentication.
National ID or passport can be selected first.
Webcam can be selected.
The front of the ID can be brought close and clear to the camera and the photo can be taken.
Then the back of the ID can be photographed.
Then the person can take their own face / selfie with the ID near the face. The face should be close to the camera. The entire face should fit.
It may be necessary to wait a day or two for identity confirmation and verification.
Sometimes it may be necessary to take these 3 photo shoots and send them again. If the light is low, blurry, unclear, they want it.
Level 2 is clicked at the address below and
can be resent and if confirmed, Level 2 security has been reached.
When the identity is verified, the questions can be seen and the exam can be selected.
The answers are below:
Don’t forget to look Coinbase website by every week. When you become a member, one or two of the tests below are open, and more can be opened the next week.
Stellar Lumens (XLM) Quiz Answers
- A decentralized protocol that unites the world’s financial infrastructure.
- Facilitating low-cost, universal payments.
- Transactions are fast, inexpensive, and global.
- To issue, exchange, and transfer tokens quickly and efficiently
- It relies on the cooperation of trusted nodes to confirm transactions.
Compound (COMP) Quiz Answers
- Earning interest on your crypto.
- Supply a crypto asset as collateral.
- COMP token holders.
The Graph (GRT) Quiz Answers
- Blockchain data.
- GRT Tokens.
- Delegate to a high quality Indexer.
Band (BAND) Quiz Answers
- Real-world data.
- Earn crypto rewards.
Ampleforth (FORTH) Quiz Answers
- AMPL and FORTH.
- DeFi building block.
SKALE (SKL) Quiz Answers
- Any Ethereum application.
- Delegate SKL to a validator.
- An internet of blockchains.
Polygon (MATIC) Quiz Answers
- Internet of blockchain on Ethereum.
BarnBridge (BOND) Quiz Answers
- A De-Fi risk management protocol.
- An APY risk management tool.
- BarnBridge’s Governance Token.
Amp (AMP) Quiz Answers
- Collateral token.
- Instant settlement assurance.
- AMP rewards.
Clover Finance (CLV) Quiz Answers
- dApps with cross-chain compatibility.
- Clover Finance Wallet.
- Polkadot Parachain
- Web Wallet
Rally (RLY) Quiz Answers
- A decentralized network for launching social tokens.
- Paying Ethereum transaction fees.
- Buying Bitcoin.
Fetch.ai (FET) Quiz Answers
- Software agents that automate tasks.
- To power Fetch.ai agent.
- Automated interactions with industries like travel and healthcare.
Cartesi (CTSI) Quiz Answers
- For developers to use mainstream software to code smart contracts.
- Optimistic Rollups.
- Delegating or running a node on Cartesi Explorer.
Bounce Token (AUCTION) Quiz Answers
- A decentralized auction protocol.
- Create or participate in auctions.
- You can use the Bounce app at app.bounce.finance.
Coinbase iotex Exam Answers
- 35 Billion
- Generates whit data
Coinbase Quant Quiz Answers
- Overledger OS
- Overledger network
- all of the above
Earned coins / crypto values appear in the Assets menu.
Click on a coin and choose “convert” and choose Stellar Lumens / XLM to the question of what it will turn into.
After converting all of them to Stellar XLM, find the XLM wallet in another exchange where you are a member and choose to deposit.
Then the target wallet gives two numbers, one is the target wallet number and the other is the confirmation number.
Send is selected in the Exchange menu in Coinbase.
The wallet number and confirmation code are entered in Coinbase, the money will go to the original wallet in a short time.
In the exchange wallet. XLM coins can be sold and converted into your local currency and transferred to your bank.