Coinbase Earn Quiz Answers (April 2023)

Greetings, fellow crypto enthusiasts! Are you looking to earn some free cryptocurrency? Well, you’re in luck because Coinbase Earn is back with some exciting new quizzes for April 2023. In this article, I’ll be sharing the answers to the latest Coinbase Earn quizzes, so you can earn some free coins and tokens.

What is Coinbase Earn?

For those who are new to Coinbase Earn, it’s a program launched by Coinbase, one of the world’s leading cryptocurrency exchanges. The program rewards users with free cryptocurrency for completing educational tasks related to different cryptocurrencies. These tasks usually involve watching educational videos and answering a set of questions related to the featured cryptocurrency.

With Coinbase Earn, users can earn cryptocurrency without having to invest any money. It’s a great way for beginners to learn about cryptocurrencies and earn some coins at the same time.

April 2023 Coinbase Earn Quizzes

Here are the latest Coinbase Earn quizzes for April 2023:

1. Compound (COMP)

Compound is an open-source protocol for decentralized lending and borrowing on the Ethereum blockchain. It allows users to earn interest on their cryptocurrency holdings by lending them to other users on the platform.

The Coinbase Earn quiz for Compound consists of three questions:

Question 1: What is Compound?

Answer: An open-source protocol for decentralized lending and borrowing.

Question 2: What is the native token of Compound?

Answer: COMP.

Question 3: How do users earn interest on their cryptocurrency holdings on Compound?

Answer: By lending their cryptocurrency to other users on the platform.

2. Polygon (MATIC)

Polygon is a Layer 2 scaling solution for Ethereum that aims to improve the scalability and usability of the Ethereum network. It offers faster and cheaper transactions compared to the Ethereum network.

The Coinbase Earn quiz for Polygon consists of three questions:

Question 1: What is Polygon?

Answer: A Layer 2 scaling solution for Ethereum.

Question 2: What is the native token of Polygon?

Answer: MATIC.

Question 3: What are the benefits of using Polygon?

Answer: Faster and cheaper transactions compared to the Ethereum network.

3. Solana (SOL)

Solana is a high-performance blockchain that aims to improve the scalability and speed of decentralized applications (dApps). It offers fast and cheap transactions, making it a popular choice among developers.

The Coinbase Earn quiz for Solana consists of three questions:

Question 1: What is Solana?

Answer: A high-performance blockchain for dApps.

Question 2: What is the native token of Solana?

Answer: SOL.

Question 3: What are the benefits of using Solana?

Answer: Fast and cheap transactions.

Conclusion

There you have it, the answers to the latest Coinbase Earn quizzes for April 2023. By completing these quizzes, you can earn some free cryptocurrency and learn about some of the most popular cryptocurrencies in the market. Remember to always do your own research before investing in any cryptocurrency.

FAQs

1. How do I participate in Coinbase Earn?

To participate in Coinbase Earn, you need to have a Coinbase account. Once you have an account, you can visit the Coinbase Earn page and start completing the quizzes.

2. Can I earn more than one type of cryptocurrency through Coinbase Earn?

Yes, Coinbase Earn features different cryptocurrencies, and you can earn multiple types of cryptocurrency by completing the quizzes for each one.

3. Is Coinbase Earn available in all countries?

No, Coinbase Earn is not available in all countries. You can check the list of supported countries on the Coinbase website.

4. Can I withdraw the cryptocurrency I earn through Coinbase Earn?

Yes, you can withdraw the cryptocurrency you earn through Coinbase Earn to your Coinbase wallet or any other compatible wallet.

5. Are the Coinbase Earn quizzes difficult?

The Coinbase Earn quizzes are designed to be educational and informative, and the questions are usually straightforward. However, it’s always a good idea to do some research before attempting the quizzes.

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