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Coinbase Will Now Pay You to Learn About These Five Altcoins

by Daily Hodl Staff
June 26, 2020
in Altcoins

You can now earn five crypto assets simply by learning about them on the crypto exchange Coinbase.

Hours after enabling the buying and selling of Compound Governance Token (COMP) on its trading platforms, Coinbase added the digital asset to Coinbase Earn.

COMP is the native token of the popular decentralized finance (DeFi) protocol Compound. The Ethereum-based token allows holders to suggest, debate and implement changes to the lending platform.

Coinbase launched its rewards program in late 2018 to encourage users to learn about digital assets.

The platform, which started with 0x (ZRX), has added rewards for those interested in learning about Stellar, Tezos, EOS, Orchids and now COMP.

Coinbase is an investor in Compound and says it plans to hold onto its stake in the company for the time being.

“Coinbase owns COMP tokens as a result of a 2018 investment in Compound. Coinbase intends to maintain its investment in Compound for the foreseeable future and maintains internal policies that address the timing of permissible disposition of its digital assets, including COMP tokens.”

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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