Blockchain & Crypto

Leading crypto platform launches an opportunity to earn coins

Coinbase users can earn EOS while learning about the EOSIO protocol and EOS

Leading crypto platform launches an opportunity to earn coins. Source: shutterstock.com

Coinbase customers around the world can earn up to $10 worth of EOS by watching lessons and completing quizzes about EOS and the EOSIO protocol, the crypto platform says on its official website.

EOS is a cryptocurrency built on the EOSIO protocol and designed to support large-scale decentralized applications. There are no fees to send or receive EOS tokens or use the applications built on it. Instead, by being an EOS token holder, user can utilize the blockchain’s resources to interact with and operate applications on the network. In order to compensate the entities that run the network, they are periodically given new EOS tokens generated by the protocol, effectively substituting inflation for transaction fees. This creates an ecosystem where fees are effectively paid by the network as a whole rather than by individual users every time they make a transaction.

This is one of the Coinbase Earn opportunities, which can be found on the platform’s homepage.

SEE ALSO: Why Bitcoin is growing & price forecast

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