Coinbase, Exchanges

How Does Coinbase Make Money by Watching Videos?

Coinbase, one of the most popular cryptocurrency exchanges, has a new way to make money: watching videos.

The exchange has teamed up with video streaming platform Stream to launch a new service called Coinbase Earn. The service will allow users to earn cryptocurrency by watching short videos about specific digital assets.

Coinbase Earn is currently available in beta to a limited number of users in select countries. The exchange plans to roll out the service to more users in the coming months.

So how does Coinbase make money from this? The answer is simple: fees.

NOTE: This warning note is to alert you to the potential risks involved with watching videos on Coinbase. It is important to be aware that Coinbase does make money from the videos that are watched on their platform. It is also important to note that Coinbase has a third-party advertising service, which can collect data about your activities on their platform. This may include information about what videos you watch, and could potentially be used for targeted advertising. Additionally, it is possible for malicious actors to exploit vulnerabilities in the platform or inject malicious code into videos, which could lead to a loss of funds or personal information. Therefore, it is important to exercise caution when using Coinbase and take steps to protect yourself from potential risks.

Coinbase charges a small fee for each transaction on its platform. For example, when you buy $100 worth of Bitcoin, the exchange will charge you a 1% fee ($1).

This fee goes towards Coinbase’s profits.

With Coinbase Earn, the exchange is able to collect fees from both the video streaming platform and the user. For example, if a user watches a video about Ethereum and then sends $10 worth of Ethereum to another address, Coinbase will collect a small fee from both parties.

The fees collected by Coinbase will likely be small, but they could add up over time if the service becomes popular. And given that Coinbase is one of the most popular cryptocurrency exchanges, there’s a good chance that many users will try out Coinbase Earn.

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