How to get $US52 worth of Orchid (OXT) Tokens - Simple Step By Step Guide - Update May 06
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How to get $US52 worth of Orchid (OXT) Tokens - Simple Step By Step Guide - Update May 06

By Bragato18 | Bragato18 | 1 May 2020


Everyone loves getting free stuff and the same applies to getting free cryptocurrency. Whether it from completing social media tasks to get that airdrop sent to your wallet, retweeting some projects promotion on Twitter or playing with Faucets to get micropayments every hour. That why most of us have ended up on Publish0x, the lure of getting free BAT or maybe its the LRC that floats your boat.

First Some Background History

In 2018 the cryptocurrency exchange Coinbase bought Earn.com in a deal worth more than $120 million. Earn.com was a U.S. startup that used the blockchain for its paid-email service. 

Coinbase then appointed co-founder and CEO of Earn.com, Balaii Srinivasan,  as its first CTO. While the rest of the Earn.com staff was to transfer over to the Coinbase team.

In December 2018 Coinbase launched Coinbase Earn, a similar concept to Earn.com. You got paid in Bitcoin for completing tasks and receiving emails. 

Around February 2019 Coinbase officially closed down Earn.com and requested all account holders withdraw any Bitcoin held in their account be transferred to their Coinbase account.

(I had a small amount of Bitcoin sitting in my Earn.com account which I had been unable to withdraw. Now with the option of withdrawing to Coinbase I could finally get it out. Just needed the market value of Bitcoin to reach a certain level, so the value of the Bitcoin in my Earn.com account would reach the minimum withdrawal threshold of $US2.00. The lengths some people will go to Stack Sats.....)

Earn.com

Coinbase Earn allows users to earn cryptocurrencies, while learning about them in a simple and engaging way. The idea is for users to understand more about an asset's utility and it's underlying technology, while getting a bit of the asset to try out.

Ox (ZRX) was the first asset available on Coinbase Earn and to manage demand was in invite-only mode. Once you received your invite you were able to watch 3 short educational videos and complete a simple quiz at the end of each video. For watching each Ox (ZRX) video you earnt a small amount of the token which went straight to your Coinbase Ox (ZRX) account.

This is what I received for watching one of the 3 videos. Yes it was only $US1. But Coinbase Earn in conjunction with their sponsors have since increased the amounts you are can earn up to $50/52 per token.

OX

How to get the FREE Orchid (OXT) tokens

Coinbase Earns latest series of educational videos is about a utility token designed for use on the Ethereum blockchain-based Orchid peer-to-peer open marketplace for buying and selling VPN bandwidth. 

There are 3 methods of accessing the free Orchid (OXT) tokens.

#1 Use the referral link   https://coinbase.com/earn/oxt/invite/79g6whyq  and you do not have an existing Coinbase account.

#2 Use the referral link  https://coinbase.com/earn/oxt/invite/79g6whyq  and you already have an active Coinbase account.

#3 You do not wish to use the referral link but would still like to get the free Orchid (OXT) tokens.

Method #1

Using the referral link takes you to the following page where you are invited to join Coinbase Earn. You will need to click on Create an Account and follow all the steps to create a Coinbase account. It is a relatively quick and easy process these days. It took my wife 10 minutes to create and get her account verified. You will need one form of identification and your address needs to match what is linked to the identification. As you are not buying cryptocurrency you will not need to add a credit/debit card.

Coinbase Earn is supported in over 100 countries. See the link to the Coinbase blog for more information on whether your country of residence is supported by Coinbase Earn.

Create Account

Once your Coinbase account has been verified. Login in and on the Home page scroll down to the bottom of the page till you see Earn free crypto with Coinbase Earn  banner. Click on the blue button Earn crypto

OXT

Click the blue button Get started.  Depending on demand at the time you may get put on a waitlist. I have found that referrals generally don't have to wait as long existing customers. It usually is about a 2 day to 2 week wait. They are meant to send you an email advising you are now invited but that doesn't always happen and I would advise you check regularly by logging into Coinbase and go to the Coinbase Earn banner on the home page.

Learn

Lesson 1 is a short video that explains the Orchid is aP2P privacy tool. After you answer a simple quiz at the end. Ka-ching you receive $US4 of OXT.

Lesson 1

Lesson 2 is a short video explaining how you use Orchid. After you answer a simple quiz at the end. Ka-ching you receive $US4 of OXT.

Lesson 2

Lesson 3 is a short video explaining how Orchid keeps your data private. After you answer a simple quiz at the end. Ka-ching you receive $US4 of OXT.

Lesson 3

Now the bulk of the amount of Orchid you can earn is from referring 4 other people with your referral. Click on the blue button Earn $40 Orchid

Invite Friends

Your referrals can be new or existing customers. You can invite more than 4 friends or people in your networks but only the first 4 referrals will count. You can use the Share  button or you can just copy and paste the referral link.

Note: It has been noticed that new Coinbase customers don't have to wait as long on the magical Waitlist as existing customers have to. This makes sense, as it is in Coinbase's commercial interests, to give preference to enrolling new customers.

Referral

Note: Also once you have become a verified Coinbase customer you can still use the same person referral links for other cryptocurrency educational videos.

You just use the referral link to take you to the login screen. 

For example: 

EOSIO is a protocol designed for fast and free blockchain apps. Learn how it works and you can earn $US50 EOS.

https://coinbase.com/earn/eos/invite/65d9r3zs

Stellar is a platform that connects banks, payment systems, and people. Learn how it works and you can earn $US50 XLM.

https://www.coinbase.com/earn/stellar/invite/5tj4xfpb

Method #2

Using the referral link takes you to the same page as in Method #1 but as you are already an existing Coinbase customer you just need to click on Sign in to Coinbase. Once you have logged in,  you scroll down to the Coinbase Earn banner on the home page. Then just follow the rest of the steps as described in Method #1.

Method #3

Obviously it is to our advantage if you use the referral links I have provided. But you can still access the free cryptocurrency by creating an account direct with Coinbase 

I apologise in advance to any one who might feel I have skimped on information about the Orchid project. I did this deliberately as I wanted to leave something for you, when you watch the educational videos. My wife and I have both found all the videos on Coinbase Earn very easy to follow, even for some one with no interest in cryptocurrencies. In fact my first attempt at a Publish0x was a tongue in cheek piece about my wife and Coinbase Earn.

Turning a Crypto Skeptic Wife into a Crypto Advocate

I hope you found this post, about how to get $US52 worth of Orchid (OXT) tokens, interesting and informative. As always I enjoy doing the research and putting it all together.

Feel free to post comments, as getting feedback is how we learn. And as a publisher all feedback is greatly appreciated.

Or a thumbs up if you enjoyed your read.

Stay safe.

Update May 06

As mentioned previously in this post and in comments by @jdog

(Note: It has been noticed that new Coinbase customers don't have to wait as long on the magical Waitlist as existing customers have to. This makes sense, as it is in Coinbase's commercial interests, to give preference to enrolling new customers. )

Brave

We now have tentative proof and not just hearsay and anecdotal evidence. If you use some-ones Coinbase Earn referral link, you get to jump the Coinbase Earn wait-list queue.

This article was only posted on May 01 and my wife received this email today (May 06) from Coinbase Earn advising that she had just received 55.58643691 ($15.54 AUD). Thats only a  five day turn around assuming they used the referral link on day one. Beats waiting for months like I and others have had to.

Brave

So not only is it to our advantage for you to use our Coinbase Earn referral link but it also can help you shorten the wait time before you are invited to watch the educational videos. Win-Win. 

 

 

 

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Bragato18
Bragato18 Verified Member

I am a sun sea and sand person, makes chocolate, grows organic vegetables, rides a Vespa and collects crypto. #allthecoolkidshavelasereyes https://twitter.com/Bragato18CCS


Bragato18
Bragato18

Bought our 1st pieces of BTC, July 2017. The process was daunting and confusing. Could easily given up & put it in the too hard basket or have fallen victim to one of the many scams or pitfalls. Grateful to a friend of my son's, who had been in this space for awhile, giving me some good advice & steering me in the right direction. That experience has helped shape my desire to share what I learn. Also always had a morbid fascination with Snake Oil Salesman & their sales pitch; Bitconnect, USI Tech..

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