Kyber Network’s native token KNC has become available on Coinbase Earn, the educational platform of America’s leading cryptocurrency exchange.
KNC joins the list of previously added crypto assets that include Stellar (XLM), Basic Attention Token (BAT), Orchid (OXT), Compound (COMP) and others.
Getting paid for education
From now on, Coinbase users can get free KNC tokens for simply watching pertinent videos and completing quizzes.
One can earn $6 worth of KNC upon finishing three three-minute lessons about the network.
Coinbase Earn was launched in December 2018 with the mission to incentivize the general public to learn more about cryptocurrencies in invite-only mode, with 0x (ZRX) as the only available cryptocurrency. The exchange claimed that it could help onboard new users:
"We think Coinbase Earn could help open up blockchain access to a new group of users: people who are curious about digital assets, but who’d like to try them out for free just like a normal web or mobile app."
Back in March 2019, it started giving away 1 bln Stellar Lumens (XLM) tokens, giving Coinbase users an opportunity to earn a quick $50.
The initiative, which now supports ten cryptocurrencies, expanded to 100 countries in May 2019.
Kyber Network is having a huge month
Kyber Network is a decentralized finance protocol that facilitates frictionless swaps of ERC20 tokens.
In early July, KNC cryptocurrency witnessed a massive rally following the highly anticipated launch of decentralized governance system KyberDAO. It was part of the much-anticipated Katalyst upgrade that also kick-started KNC staking.
The token’s price remains up over 500 percent year-to-date.