You will have to answer 3 questions about BAND that are worth $1.00 of BAND at the current price when you participate. You will immediately be paid via Coinbase the moment you submit your answer.
Coinbase does require that you be from one of the approved territories listed below. You are also required to have a Coinbase account and only one account per individual can participate. You must have your Coinbase account KYC Verified in order to join the wait list.
Typically after you get on the waitlist within a week you will be approved. I say typically but this is not always the case as I have heard of issues with this from various people from various countries. I think it helps is you link your bank account to Coinbase to get accepted faster.
If you don't currently have a Coinbase account you may qualify for a $5 sign up bonus and an additional $10 once you place a trade of $100.00 or more within 30 days.
I honestly can not think of any great advantage to using Coinbase other then EarnDrops. Customer Service at Coinbase in my opinion is rather shifty on whether or not the will actually get a response.
I opened a ticket about a month ago now, just a simple inquiry and haven't received a response other than the confirmation that they received my inquiry. I guess this could be blamed on Covid-19 with Customer Service being over loaded with request.
I can honestly say that over the years I have earned $100's of dollars in crypto from these EarnDrops which most of them take less then five minutes to complete and they pay out instantly to your account. You can instantly covert it to another currency, deposit it into your checking account or send it to another wallet/exchange.
The Coinbase fee is not too terrible compared to competitors in the market. I am not fond of fees when trading is involved but I understand the necessity of having fees.
Lesson #1 What is BAND Protocol? Band Protocol brings real world data to blockchains like Ethereum, Solana, and Polkadot.
Lesson #2 What are the BAND Protocol oracles? Oracles are data feeds that developers can create with BAND. Oracles secure and power blockchain apps with just a few lines of code.
Lesson #3 What is the BAND Token? The BAND token is used to govern the protocol and secure the oracle network. Holders can stake their BAND to earn rewards and a portion of the data request fees.
Lesson #4 Invite some friends and share the wealth. You will receive $10 of BAND for each friend that joins and completes at least one lesson.(up to four friends)
Live in a country eligible for Coinbase Earn. Eligible countries are:
Austria, Australia, Belgium, Bulgaria, Canada, Croatia, Cypress, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hong Kong, Hungary, Iceland, Ireland, Italy, Japan, Latvia, Liechtenstein, Lituania, Luxembourg, Malta, The Netherlands, Norway, New Zealand, Poland, Portugal, Romania, Senegal, Singapore, South Korea, Spain, Sweden, Switzerland, Taiwan, The United Kingdom, and the United States.
Complete customer and ID verification, and be at the maximum account level (you can do this by completing full identity verification) Meet Coinbase internal fraud and compliance-related criteria, including measures related to account uniqueness and have only one Coinbase account
You will hear me say this over and over again through out my blogging journey. Free Crypto is always the best Crypto because of the zero risk concept involved. You did not pay anything for the Crypto. You may have spent a few minutes of time signing up answering some questions but over the course of the next three years you will make 100's of dollars of free crypto if you check your emails regularly, or just the site.
I think we have better options currently available for trading and hodling our crypto then Coinbase. However Coinbase is still a great utility to make some extra cash and serves as a means for converting crypto into FIAT when needed.
Coinbase is also working towards releasing a debit card that will be directly linked to your crypto wallets. I believe the pilot program is underway but they are waiting to take it world wide. I haven't heard any recent updates.
Thanks for reading, God Bless You, Stay Healthy!