Coinbase is one of the most popular cryptocurrency exchanges that allows users to buy, sell, and trade Bitcoin, Ethereum, Litecoin, and other cryptocurrencies. While Coinbase offers a simple and user-friendly platform, many people wonder if they can get free Bitcoin on Coinbase. In this article, we will explore the ways to get free Bitcoin on Coinbase.
1. Sign up for Coinbase Earn
Coinbase Earn is a program that rewards users for learning about new cryptocurrencies. Users can earn cryptocurrencies by watching educational videos and answering quizzes on topics related to the respective cryptocurrencies. Some of the cryptocurrencies that are currently available on Coinbase Earn include Compound, Stellar Lumens, and EOS, among others.
To participate in Coinbase Earn, users need to sign up for Coinbase and complete their account verification process. Once verified, users can access the Coinbase Earn program and start earning free cryptocurrencies.
2. Refer friends to Coinbase
Coinbase also offers a referral program that rewards users for inviting their friends to join the platform. When a friend signs up for Coinbase using a unique referral link, both the referrer and the referee receive $10 worth of Bitcoin.
To refer friends to Coinbase, users need to log in to their Coinbase account and navigate to the referral page. From there, users can share their unique referral link via email, social media, or messaging apps.
3. Earn interest on your cryptocurrency
Coinbase offers a feature called Coinbase Earn Interest, which allows users to earn interest on their cryptocurrency holdings. Users can earn up to 4% APY on their cryptocurrency balances, including Bitcoin, Ethereum, and USDC.
To participate in Coinbase Earn Interest, users need to sign up for Coinbase and complete their account verification process. Once verified, users can deposit their cryptocurrency into their Coinbase Earn Interest account and start earning interest.
4. Participate in airdrops
Airdrops are a way for new cryptocurrency projects to distribute their tokens to a large audience. Airdrops can be a great way to get free cryptocurrency, including Bitcoin, on Coinbase.
To participate in airdrops, users need to follow the social media accounts of the respective cryptocurrency projects and join their Telegram groups. Many cryptocurrency projects announce their airdrops on social media and Telegram, so it’s essential to stay up to date on the latest news.
5. Participate in giveaways
Many cryptocurrency influencers and projects run giveaways on social media platforms like Twitter and Instagram. Giveaways can be a great way to get free Bitcoin, as well as other cryptocurrencies.
To participate in giveaways, users need to follow the social media accounts of the respective influencers and projects and engage with their content by liking, commenting, and sharing their posts. Many giveaways require users to tag their friends or retweet their posts to be eligible to win.
In conclusion, there are several ways to get free Bitcoin on Coinbase, including signing up for Coinbase Earn, referring friends, earning interest on cryptocurrency balances, participating in airdrops, and giveaways. While these methods may not make you rich overnight, they can be an excellent way to earn some free cryptocurrency and learn more about the world of cryptocurrencies. As with any investment, users should do their research and exercise caution when investing in cryptocurrencies.