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Select Coinbase Members: Earn $3 in MINA Cryptocurrency w/ Tutorial Quiz Expired
Free
(While Supplies Last)
Coinbase is offering select Coinbase Members: $3 in MINA Cryptocurrency for Free when you login to your account and start the course/tutorial provided and answer (3) questions/quiz.
Thanks to community member(s) ShawnAndGus & Honest-IJM for finding this deal
Note, offer may not be available to all Coinbase Members, however, please check to see if you qualify.
You will receive $1 (in the form of MINA cryptocurrency) for each answer you receive correct automatically added to your account. You will also receive an email to confirm this
Some Q&A may include
Thanks to community member(s) ShawnAndGus & Honest-IJM for finding this deal
Note, offer may not be available to all Coinbase Members, however, please check to see if you qualify.
You will receive $1 (in the form of MINA cryptocurrency) for each answer you receive correct automatically added to your account. You will also receive an email to confirm this
Some Q&A may include
- What is MINA?
- A lightweight blockchain that remains around 22kb even as it scales
- What are zkApps?
- Privacy preserving decentralized applications
- What role does the MINA token play in the Mina blockchain?
- It's used for transaction fees, block rewards, and purchasing proofs in the Snarketplace.
Original Post
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Edited May 25, 2022
at 08:06 PM
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Coinbase
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Q & A:
What is MINA?
A lightweight blockchain that remains around 22kb even as it scales
What are zkApps?
Privacy preserving decentralized applications
What role does the MINA token play in the Mina blockchain?
It's used for transaction fees, block rewards, and purchasing proofs in the Snarketplace.
https://nypost.com/2022/05/11/coi...-bankrupt/
This is pertinent because Crypto has largely tanked, and so has Coinbase stock, which is down 82% off it's high.
Their fees are also ludicrous.
https://www.fxstreet.co
It's also true that huge percentage of the market is explicitly speculative investing at best, and scams or fraud at worst.
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Lol convert $3 of this crapcoin to...$3 of BTC... minus any CB fees of course. BTC down 36% YTD
Meanwhile, the wasted electricity is huge. The carbon impact is huge.
We meet again. Still living up to your name, I see.
https://nypost.com/2022/05/11/coi...-bankrupt/
This is pertinent because Crypto has largely tanked, and so has Coinbase stock, which is down 82% off it's high.
Their fees are also ludicrous.
There is a regulation for every crypto exchange to put that notice out there. It is the same for all. And for the record you should ask yourself why there is insurance offered from your traditional broker dealer if it's "your stock" and you should look into who becomes a creditor in any bankruptcy. Regardless they have 6 billion in cash as of last quarter and had a positive EBITDA on top of that so bankruptcy is not even a probable event any time soon.
They have the worst pr team if they weren't able to explain that to people. No idea on the fees…I use Coinbase one and I enjoy the experience.
1. Buying something illegal online. What's your poison? Drugs? Guns? Kiddie porn?
2. Scamming some other sucker who gets into the pyramid scheme later than you.
A solution looking for a problem? No. A scam looking for a sucker.
Truth
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There is a regulation for every crypto exchange to put that notice out there. It is the same for all. And for the record you should ask yourself why there is insurance offered from your traditional broker dealer if it's "your stock" and you should look into who becomes a creditor in any bankruptcy. Regardless they have 6 billion in cash as of last quarter and had a positive EBITDA on top of that so bankruptcy is not even a probable event any time soon.
They have the worst pr team if they weren't able to explain that to people. No idea on the fees…I use Coinbase one and I enjoy the experience.
Crypto is not the same as a traditional security, and is not offered the same protections. If you own stock in a brokerage account, the stock is still yours, and you have legal rights to it. The insurance (which, again, crypto doesn't have) is in the event that they can't fulfill that obligation. In the event of a bankruptcy of a crypto exchange you are considered an unsecured creditor, meaning there is no collateral for you to collect. You get whatever is left over after the secured creditors are paid. Pretending this is just some little formality they have to get passed is disingenuous.
Coinbase may or may not be in trouble. That depends on a lot of things. I don't really care, because I think they are free-riders in the market, and provide almost no value-add.
News to me.
TVM.
Commenters on the Coinbase bankruptcy statement probably did not watch the CNBC interview with their CFO following the raising of the issue in the statement involved. She said that text was there because no case law had been established with bankruptcy issues and cryptocurrency holders, and they think things would probably be okay. The interview didn't make me feel better.
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If you want to invest in this space buy bitcoin on strike for zero fees, transfer it to a wallet, and look back at it in 5+ years. Anyone whose ever followed those steps has made money. Stay away from coinbase and anything non-btc.