If you are in the crypto space you have most likely used Coinbase at one point. At the very least you have heard of it. It was the first exchange that I signed up for. It must have been 7 years ago at the time of writing. I thought I was going to be really smart and jump onto the crypto trend. There was a buzz at the time and I wanted to catch the wave. Unfortunately, I could not figure out how to load analog currency onto the exchange to buy anything. It was so confusing that I gave up and deleted the app. Needless to say the 1000x run the cryptocurrency market experienced only worsened the annoyance.
Years passed and a combination of FOMO, boredom, and entrepreneurial spirit got me in with the help of Current Rewards. Current required a Coinsbase account to drop Bitcoin rewards into, so I has to blow the dust off my account and figure out how it worked. The Current app would send my BTC reward directly into my Coinbase account but I still couldn’t get any analog currency onto the platform. Both my credit cards were nearly frozen due to the attempt. With a slow drip of Bitcoin I started learning and building.
I have been adding to my Bitcoin position for almost a full year now and Coinbase, as a tool, has been vital. As previously mentioned, Current rewards linked directly to my Coinbase account for the reward drops. Now, in place of Current, I use the COIN App which also links to Coinbase for its XYO reward drops. COIN also pays a daily bonus for all the XYO tokens held in your verified Coinbase wallet. So the more XYO I accumulate the more COIN tokens I get the quicker I can accumulate XYO.
The other feature that Coinbase offers that I make use of as much as they will let me is the Learn and Earn. This feature is all but ubiquitous to the cryptosphere. Essentially read (or don't) information about different tokens, then answer a short quiz about the learnings to receive the tokens in questions. Coinbase tends to be more generous than other platforms. Typical Learn and Earn rewards are $3 USDT and up. Ever since the start of the Crypto Winter these opportunities have been few and far between, but prior to they were quite often.
Lastly, Coinbase is a publicly traded company on the NASDAQ. Which comes with certain listing and disclosure requirements to both the share holders and the exchange. Because of this, I can trust them slightly more than other exchanges that are not held to the same disclosure levels. Hopefully this scruitiny keeps them from blowing up. That being said other publicly traded crypto companies have blown up too. The old maxim is echoing, not your keys not your coins, but sometimes you have to play the game. Especially when you are in the build phase.
I like Coinbase. It has (almost) always been useful and user friendly. The exchange has been pivotal to the 1BTC project. I give Coinbase 4 out of 5 stars. But you are probably already using it.
KuCoin
https://www.kucoin.com/ucenter/signup?rcode=rM3Y31U
Binance
https://www.binance.com/en/activity/referral-entry/CPA?fromActivityPage=true&ref=CPA_00IM6PD2BT
COINapp
Cointiply
Publish0x
https://www.publish0x.com/?a=xkaz6G87aJ
SWEAT Coin
Pi Mining App: https://ca01.z.antigena.com/l/bUNT-vWyii82KEHdfPLA_kH40aUpos9HwKZTcpIYol_txtCGcEN5d~m~QtzH6vvBtAf239EQnQcfcbFnP-gxbkKcbQoPqbKKCmNXOs~9TtIiA8EWN8p_MWUo-wwoyeAyyA-ZcQeKs2ipyNDfTX9Qr7t7~lNq__3DlRub
Coinbase
https://coinbase.com/join/hutchi_am?src=referral-link
Netcoins
https://netcoins.app/r?ac=M8P892
Keep building!
As always you can join the conversation on Twitter @1BTCproject
And keep track of my crypto journal on my other blog - http://635ed752b3bfb.site123.me/
