Coinbase Earn Quiz Answers (2022) Earn Free Coins

Coinbase Earn Quiz Answers (2022) Earn Free Coins

What if you learned about cryptocurrencies and got cryptocurrencies for free? Yes, it is possible with Coinbase Earn. It is a platform where users can earn rewards for learning about cryptocurrencies. Through his videos, users can learn about various cryptocurrencies.

And if you answer the quizzes correctly, Coinbase Earn will send you some coins for free. So, here you will find a comprehensive list of all Coinbase Earn quiz answers.

How does CoinBase make money?

With CoinBase Earn, you can earn free cryptocurrencies by completing short quizzes on various currencies. You can think of it as an easy way to make some extra money, whether or not you’re new to cryptocurrencies.

You will see short videos and slideshows. And for each there will be questions to be answered.

CoinBase profits from asset issuers. And the fact that it is one of the largest cryptocurrency brokers makes it easy for asset issuers to attract new investors to their new crypto offering.

Thus, it is a win-win for all involved. CoinBase earns from asset issuers as long as you get free cryptocurrency. And asset issuers get the opportunity to sell their products.

How to register on CoinBase

First, visit CoinBase Earn. Then sign up for the course. You will be prompted to sign up for a CoinBase account if you are a new customer.

Your account will be verified within a day. Most accounts are verified within a few hours. Now take the tests one by one after you sign up.

And try to get as much cryptocurrency as possible. Each quiz will bring you 1-3 dollars in cryptocurrency.

And here we have provided the answers to the video questions below so you don’t have to watch every video. Thus, you can complete everything in a short time.

However, sometimes you are placed on a waiting list if the rewards are exhausted. And you will be notified if additional rewards become available.

Here are the answers to the Coinbase Earns quiz. We’ll update this post if we get more questions.

Stellar Lumens (XLM) Quiz Answers

Here are the answers to the Stellar Lumens (XLM) quiz:

  1. A decentralized protocol that connects the world’s financial infrastructure.
  2. Facilitate low-cost, universal payments.
  3. Transactions are fast, inexpensive and global.
  4. Issue, exchange and transfer tokens quickly and efficiently
  5. It relies on the cooperation of trusted nodes to confirm transactions.

You can earn $10 in XLM by answering all five questions.

Compound (COMP) Quiz Answers

The answers to the Compound quiz are as follows:

  1. Earn interest on your cryptocurrency.
  2. Provide a crypto asset as collateral.
  3. Holders of COMP tokens.

You will earn $9 in COMP if you answer all three questions.

Answers to The Graph Quiz (GRT)

The answers to the graphic quiz are as follows:

  1. Blockchain data.
  2. GRT tokens.
  3. Curators.
  4. Delegate to a high quality indexer.

If you answer all three questions correctly, you will receive $4 in The Graph (GRT).

Band (BAND) Quiz Answers

The answers to the group quiz are as follows:

  1. Real world data.
  2. Oracles.
  3. Earn crypto rewards.

You will earn $43 if you answer all three questions.

Answers to the Ampleforth quiz (FORTH)

The answers to the Ampleforth quiz are as follows:

  1. Rebase.
  2. AMPL and FORT.
  3. The building block of DeFi.

You earn $3 in FORTH for answering all three questions.

WeALE (WeL) Quiz Answers

The answers to the WeALE test are as follows:

  1. Any Ethereum application.
  2. Delegate the WeL to the validator.
  3. Internet of blockchains.

If you answer all three questions, you will earn $3 in WeL.

Polygon (MATIC) Quiz Answers

Below are the answers to the MATIC (Polygon) quiz:

  1. Ethereum.
  2. Validators.
  3. Internet blockchain on Ethereum.

You will receive $3 in MATIC if you answer all three questions.

Answers to the BarnBridge Quiz (BOND)

You can find the answers to the BarnBridge (BOND) quiz here:

  1. De-Fi risk management protocol.
  2. APY risk management tool.
  3. BarnBridge Governance Token.

You will earn $3 in BONDS if you answer all three questions.

Amplifier (AMP) Quiz Answers

Below are the answers to the Amp quiz (AMP):

  1. Collateral token.
  2. Guaranteed instant settlement.
  3. AMP Awards.

You will earn $3 in AMP if you answer all three questions.

Clover Finance (CLV) Quiz Answers

Below are the answers to the Clover Finance (CLV) quiz:

  1. dApps with interoperability.
  2. Clover financial wallet.
  3. DeFi

Rally (RLY) Quiz Answers

Below are the answers to the Rally Quiz (RLY):

  1. Decentralized network for launching social tokens.
  2. Payment of fees for Ethereum transactions.
  3. Buying bitcoins.

Fetch.ai quiz (FET) answers

Below are the answers to the Fetch.ai quiz (FET):

  1. Software agents that automate tasks.
  2. To power the Fetch.ai agent.
  3. Automated interaction with industries such as travel and healthcare.

Answers to the Cartesi Quiz (CTSI)

Below are the answers to the Cartesi Quiz (CTS):

  1. For developers to use basic smart contract coding software.
  2. Optimistic rollups.
  3. Delegating or running a node in Cartesi Explorer.

Return Token (AUCTION) Quiz Answers

The answers to the Bounce Token (AUCTION) quiz are as follows:

  1. Decentralized auction protocol.
  2. Create or participate in auctions.
  3. You can use the Bounce app at app.bounce.finance.

Enzyme (MLN) Quiz Answers

The answers to the Enzyme Quiz (MLN) are as follows:

  1. Manage and automate your cryptocurrency investments
  2. Invest in stocks, real estate and commodities
  3. million

Orchid (OXT) Quiz Answers

  1. Peer-to-Peer Privacy Tool
  2. OXT token, Web3 wallet and Orchid app
  3. Support for multi-hop configurations between bandwidth providers.

Bull (ZRX) Quiz Answers

  1. To create a tokenized world through a seamless peer-to-peer token exchange.
  2. A new way to trade tokens and cryptocurrencies with other people
  3. It can be used to pay relay fees and participate in future protocol upgrades.

Numeraire Quiz Answers

  1. Global community of data scientists
  2. To back up predictions and earn rewards
  3. Nothing

NuCypher Quiz Answers

  1. End-to-End Encryption
  2. Independent nodes to complete tasks
  3. Paying Ethereum Transaction Fees

Answers to the Loopring Test (LRC)

  1. Ethereum Scaling Protocol
  2. Traditional bank account required
  3. Loopring Governance Token

Maker Quiz Answers (MKR)

  1. MKR and DAI
  2. MKR holders
  3. Crypto Wallet and Crypto Collateral

Orchid (OXT) Quiz Answers

  1. Peer-to-Peer Privacy Tool
  2. OXT token, Web3 wallet and Orchid app
  3. Support for multi-hop configurations between bandwidth providers.

Rendering (RNDR) Quiz Answers

  1. Decentralized GPU Rendering Market
  2. 3D graphics rendering
  3. Monetization of 3D objects and environments

Tezos (XTZ) Test Answers

  1. Formal verification
  2. Decent computer, internet connection and 1 pack of tea (8000 XTZ)
  3. Formal management process

What to do with your CoinBase rewards?

You have several options available. They can be converted to other cryptocurrencies. Or you can sell them too.

There are fees associated with trading on CoinBase. And, fees vary depending on several factors.

But there is no commission for converting one cryptocurrency to another. However, there is a fee when exchanging cryptocurrencies for your local currency.

This way you can easily convert all your cryptocurrency earnings into bitcoins as you will only be earning a few dollars each.

Then you can sell your bitcoin in bulk. And the fees you will pay in general will be reduced.

You will pay a lower percentage fee if the transaction value is high. Therefore, since you are earning many different cryptocurrencies, you are better off converting them to one cryptocurrency.

And then immediately exchange them for local currency.

Final words

Just accept none of these answers to the CoinBase Earn Quiz and you’re good too. You will save a lot of time as you won’t have to watch every video. Write in the comments if there are new tests. We will update our article accordingly.

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