Coinbase, Exchanges

Is Coinbase Having a Sweepstakes?

It seems that every time there’s a major cryptocurrency event, Coinbase always manages to be in the center of it. This was the case when Bitcoin Cash forked off from Bitcoin, and it’s also the case now with the Litecoin Foundation having airdropped $50 million worth of Litecoin (LTC) to its community.

In the past, Coinbase has been known to give away free cryptocurrencies to its users as a way to promote adoption. For example, they gave away Ethereum Classic (ETC) after the Ethereum hard fork, and they also gave away Bitcoin Cash (BCH) to users who held Bitcoin (BTC) on the Coinbase platform at the time of the fork.

NOTE: WARNING: Be aware that Coinbase is not currently having a sweepstakes. There have been reports of scam websites offering Coinbase sweepstakes in exchange for providing personal information or sending money. Such websites are not affiliated with Coinbase and should be avoided to protect your personal and financial information.

With the Litecoin Foundation airdrop happening soon, it’s not surprising that many people are wondering if Coinbase will be doing something similar. After all, they did tweet out that they’re “excited to see what the Litecoin community does with this!”

However, it doesn’t seem like Coinbase is planning on giving away any Litecoin as part of this airdrop. In fact, when asked about it on Twitter, they said that “We don’t have any plans to support this airdrop. Sorry!”

So it looks like Coinbase won’t be giving away any free Litecoin this time around. However, that doesn’t mean that they won’t be supporting the airdrop in some way. After all, they are still excited about it and are curious to see what the Litecoin community does with all of those free LTC!.

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