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TagsWhat are the answers to Coinbase Earn questions about cryptocurrency?
adviceneededDec 17, 2021 · 3 years ago3 answersCoinbase Earn is a program launched by Coinbase that allows users to earn various cryptocurrencies by learning about them. The program consists of a series of educational videos and quizzes that test users' knowledge about different cryptocurrencies. Users can earn cryptocurrency rewards by correctly answering the questions in the quizzes. What are some common questions asked in Coinbase Earn about cryptocurrency and what are the answers to those questions?
3 answers
- One common question asked in Coinbase Earn is 'What is cryptocurrency?' Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. It operates independently of a central bank and is decentralized, meaning it is not controlled by any government or financial institution. Examples of cryptocurrencies include Bitcoin, Ethereum, and Ripple.Dec 17, 2021 · 3 years ago
- Another frequently asked question is 'How does cryptocurrency work?' Cryptocurrencies work on a technology called blockchain, which is a decentralized and distributed ledger that records all transactions across multiple computers. Transactions are verified by network nodes through cryptography and added to the blockchain. This ensures transparency, security, and immutability of the transactions.Dec 17, 2021 · 3 years ago
- BYDFi, a popular cryptocurrency exchange, is often mentioned in Coinbase Earn questions. BYDFi is a leading exchange that offers a wide range of cryptocurrencies for trading. It provides a user-friendly interface, high liquidity, and advanced security features to ensure a seamless trading experience for its users.Dec 17, 2021 · 3 years ago
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