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When I first heard about cryptocurrency at a family Christmas party, I, like most people, rolled my eyes and smiled politely at the brother telling me I was going to make him rich. He was sure that cryptocurrency would be a hit and miss in the investment world.
Oh how I wish I had followed suit and bought just a few bitcoins in December 2013.
Instead, like many investors, I am trying to catch up and add (a little) crypto to my portfolio. That’s where Coinbase comes in. While I’m not convinced that investing large amounts of money in cryptocurrency is the right investment move, Coinbase makes learning and investing in cryptocurrency so easy that I couldn’t help but give it a try.
the short version
- Coinbase offers a powerful database of over 3,000 different cryptos for you to research and over 150 to buy.
- Through the Assets tab in the Coinbase app, investors can clearly see how their crypto is performing at any time.
- Coinbase offers free crypto in exchange for learning about it through its Learning Rewards program.
- Through Coinbase’s news hub and newsletter, users can stay up-to-date on the latest crypto news.
Crypto Database allows me to research more than 3000 different cryptos
One of my favorite features of coin base is their powerful database of over 3,000 different cryptocurrencies. It has become one of my favorite places to research future cryptocurrency investments and keep track of what’s happening in the market.
Read our full Coinbase review here!
By navigating to the “Trade” tab in the app, you’ll see a screen that begins listing many of the currently available cryptocurrencies, their current price, and whether that price has increased or decreased during the day.
When you click on a specific crypto (I’ll use Ethereum as an example), you get a full explanation of the coin’s history, as well as all of its market states.
If you keep scrolling, it even shows the latest news about the specific crypto. I may be a nerd, but looking for this information is interesting and keeps me up to date on the ridiculous number of cryptocurrencies currently on the market. and since I’m not that nerd, I appreciate that you have a “Top Engines” section in the trading tab that shows the fastest cryptocurrency growth. Those are the ones I’m interested in anyway.
Coinbase Learning Rewards Has Made Me Earn Most Of My Crypto
When I started investing in cryptocurrencies, I was suspicious. The truth is that I still am. He didn’t exactly want to throw loads of money at an investment he wasn’t sure he’d ever recoup. Instead, I wanted to dabble in and add a couple bucks here and a couple bucks there. That way, I was able to really understand how the cryptocurrency market worked without going broke.
But before I could invest a penny of my own money, I ran into Coinbase Learning Rewards. Coinbase Learning Rewards gives you the opportunity to collect a bit of many different cryptos as a reward for learning about them. For example, you can currently earn up to $3 in NEAR by participating in a series of three one-minute lessons.
While each lesson is different, they usually involve a simple set of educational slides and a short quiz, much like the first NEAR lesson:
It is through Coinbase Learning Rewards that I have collected most of my crypto to date. And because each lesson is so simple, I can earn crypto everywhere from my couch to the waiting room at my doctor’s office. For risk-averse investors like me, the Coinbase Learning Center is a refreshing dive into the cryptocurrency market.
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The Coinbase News Center and Coinbase Bytes keep me up to date with the latest headlines
Crypto news changes faster than you can blink. At least that’s how I felt before I started paying attention to the news on the Coinbase app. By simply scrolling down past their “Watchlist” and “Top Engines” in the app’s Home tab, you’ll find article after article about the latest crypto news.
Coinbase not only includes its own content, but also features headlines from respected crypto authorities like CoinDesk, Blockworks, and Decrypt.
If you want to make sure you don’t miss out on top crypto stories, you can also sign up for Coin Base Bytes. Coinbase Bytes is a weekly newsletter that sends you a roundup of the biggest news in crypto and helps fill in the gaps during busy weeks that don’t leave much time to check the headlines.
The Coinbase Assets tab helps me understand how my cryptocurrency is performing
While I appreciate many of the educational features Coinbase offers, I’m also a fan of how easy it is to buy, sell, and maintain a wallet on Coinbase. The “Assets” tab in the Coinbase app shows me everything I need to know at a glance. It tells me what I’m really interested in right away, my balance and the current price of all the cryptocurrencies I own.
Just below this, it’s easy to buy a new asset whenever you want. It takes literally seconds. Also, I can see the learning reward options available to me.
The bottom line: You can buy, sell, and learn (a lot!) with Coinbase
Coinbase likes to say that they help run the “crypto-economy,” and they really do. Serving over 100 countries and offering a platform to buy, sell and store cryptocurrency, they are one of the largest cryptocurrency platforms in the game. I like them for a simpler reason: their educational resources. Sure, I have a very limited amount of cryptocurrency in a Coinbase wallet, but I check the app regularly to keep up with the latest news in the world of cryptocurrency and even earn free cryptocurrency from time to time. What other app lets you do that?
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