Coinbase, Exchanges

Why Is Coinbase Giving Free Crypto?

Coinbase, one of the largest cryptocurrency exchanges in the US, is giving away free crypto to its users. The company is giving away $10 worth of the Ethereum-based token OmiseGO (OMG) to anyone who signs up for a Coinbase account and completes a simple task.

The task is to watch a short video and answer a few questions about it.

The giveaway is part of Coinbase’s “Earn” program, which launched last December. The program allows users to earn crypto by completing simple tasks, such as watching videos or taking quizzes.

Coinbase has been on a mission to grow the crypto ecosystem and make it more accessible to everyone. The company has been working on several initiatives to achieve this goal.

NOTE: WARNING: Be aware of any offers from Coinbase or other internet sites that promise free crypto. While Coinbase may offer promotional incentives, these offers may have hidden risks or strings attached and should be approached with caution. Additionally, any offer to give away free crypto may be a scam and should be thoroughly investigated before proceeding.

For example, Coinbase launched a crypto debit card last year that allows users to spend their cryptocurrencies anywhere that accepts Visa cards.

The giveaway is also likely an attempt by Coinbase to onboard new users and grow its customer base. OmiseGO is a popular project in the crypto space and its token has been one of the top performers this year.

By giving away free OMG tokens, Coinbase is hoping to get more people interested in cryptocurrencies.

It remains to be seen how successful the giveaway will be in achieving Coinbase’s goals. However, it is definitely a positive move for the crypto industry as it helps to increase awareness and adoption of cryptocurrencies.

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