All Coinbase Quiz Answers On Coinbase Earn Quizzes
Wouldn’t be fun to get free cryptocurrency? This is exactly what Coinbase Earn is about!
Coinbase launched an initiative called Coinbase Earn to propel adoption of cryptocurrency.
This is a perfect opportunity to kickstart your journey in crypto world and earn few bucks.
Not only that, doing so, you have a chance to learn more about current cryptocurrency ecosystem and variety of projects like Polygon, Stellar Lumens or Compound.
So don’t wait any longer, register for Coinbase account here and let’s get some crypto added to your wallet.
You will learn:
- what is Coinbase Earn and how does it work;
- all the Coinbase quiz answers;
- get to know some of the most promising crypto projects.
What Is Coinbase Earn?
Coinbase Earn is educational initiative launched by Coinbase with a goal to educate more people about crypto.
Eligible Coinbase users earn free cryptocurrency while learning about various projects happening in cryptocurrency ecosystem.
How Does Coinbase Earn Work?
All you need to do is enter each quiz, watch few videos and correctly answer each question.
Don’t fret - all the answers are somewhere within the videos.
In exchange for correctly answering the quizzes, you will earn free crypto rewards from selected projects.
All Coinbase Quiz Answers as of 2021
Coinbase prepared over 30 quizzes featuring projects like Polygon, Algorand, Zcash and even a stablecoin - Dai.
You don’t need to take them all, and you can take them at your own pace, whenever you want.
Coinbase Amp (AMP) Quiz Answers
Reward: AMP
Q1. What is AMP
A1. Collateral token
Q2. What does Amp provide
A2. Instant settlement
Q3. What can you earn
A3. Amp rewards
Coinbase ANKR (ANKR) Quiz Answers
Reward: ANKR
Q1: What does the Ankr platform NOT provide?
A1: Integration with traditional banks
Q2: What CAN’T you do with the ANKR token?
A2: Send wire transfers
Q3: What can Ankr users look forward to in the future?
A3: Earning rewards with advanced DeFi strategies
Coinbase Ampleforth Governance Token (FORTH) Quiz Answers
Q1: What are Ampleforth’s automatic supply changes called?
A1: Rebases
Q2: What two tokens give the community control over the Ampleforth protocol?
A2: AMPL and FORTH
Q3: Ampleforth is a censorship resistant _____ that rebases once a day.
A3: DeFi building block
Coinbase BaLancer (BAL) Quiz Answers
Q1: What can you do with Balancer?
A1: Trade crypto and invest via Balancer pools
Q2: What are Balancer pools?
A2: Self-balancing crypto portfolios
Q3: What is BAL?
A3: Balancer’s governance token
Coinbase BarnBridge Quiz Answers
Q1: What is BarnBridge?
A1: A DeFi risk management protocol.
Q2: What is SMART Yield?
A2: An APY risk management tool.
Q3: What is the $BOND Token?
A3: BarnBridge’s governance token.
Coinbase Bounce Token Quiz Answers
Q1: What is Bounce?
A1: A decentralized auction protocol
Q2: How can you use Bounce?
A2: Create or participate in auctions
Q3: Where can you use the Bounce app?
A2: app.bounce.finance
Coinbase Clover Finance (CLV) Quiz Answers
Q1: What can developers build with Clover Finance?
A1: dApps with cross-chain compatibility.
Q2: What can you use to interact with dApps?
A2: Clover Finance Wallet.
Q3: Clover Finance wants to increase the usefulness and accessibility of …
A3: DeFi
Coinbase Compound (COMP) Quiz Answers
Q1: What is a key benefit of using compound?
A1: Earning Interest on your Crypto.
Q2: What do you need to do to borrow crypto with compound?
A2: Supply a Crypto asset as collateral.
Q3: Who gets to decide the future of the Compound Protocol?
A3: COMP token holders.
Coinbase FETCH (FET) Quiz Answers
Q1: What can people create with Fetch.ai?
A1: Software agents that automate tasks
Q2: What’s one role of the FET token?
A2: To power Fetch.ai agents
Q3: What does Fetch.ai plan to support in the future?
A3: Automated interactions with industries like travel and healthcare
If you want to learn more about the project, visit https://fetch.ai/.
Coinbase Skale (SKL) Quiz Answers
Q1: Who can deploy a blockchain with SKALE?
A1: Any Ethereum application.
Q2: How can SKL holders receive rewards?
A2: Delegate SKL to a validator.
Q3: The SKALE network is built to support…
A3: An internet of blockchains.
Coinbase Graph (GRT) Quiz Answers
Reward: GRT
Q1: What information is indexed by The Graph?
A1: Blockchain data.
Q2: What do you earn for delegating GRT to an Indexer?
A2: GRT tokens.
Q3: Who identifies high quality, useful data on The Graph?
A3: Curators.
Q4: What’s the best way to earn GRT rewards?
A4: Delegate to a high quality Indexer.
Coinbase Universal Market Access (UMA) Quiz Answers
Q1: UMA lets developers create what type of financial product?
A1: Derivatives.
Q2: Which network participants help UMA solve the oracle problem?
A2: Liquidators and disputers.
Q3: Which of these can be used to create a derivative on UMA?
A3: All of these answers are correct.
Coinbase Dai (DAI) Quiz Answers
A1: A decentralized stable coin that aims to be worth one US dollar
A2: Decentralized and borderless
A3: Open a CDP with Maker
Coinbase Stellar Lumens (XLM) Quiz Answers
Q1: What is Stellar?
A1: A decentralized protocol that unites the world’s financial infrastructure.
Q2: What are Stellar Lumens (XLM)?
A2: Facilitating low-cost, universal payments.
Q3: Why is Stellar good for sending remittances?
A3: Transactions are fast, inexpensive, and global.
Q4: Why would banks and businesses use Stellar?
A4: To issue, exchange, and transfer tokens quickly and efficiently.
Q5: How does Stellar’s Consensus Protocol work?
A5: It relies on the cooperation of trusted nodes to confirm transactions.
Coinbase Rally Quiz Answers
Q1: What is Rally?
A1: A decentralized network for launching social tokens
Q2: Which of these is not a use of RLY?
A2: Paying Ethereum transaction fees
Q3: Which of the below is NOT how Val’s fans use ValCoin?
A3: Buying Bitcoin
Coinbase Cartesi (CTSI) Quiz Answers
Q1: What does the Ankr platform NOT provide?
A1: Integration with traditional banks
Q2: What CAN’T you do with the ANKR token?
A2: Send wire transfers
Q3: What can Ankr users look forward to in the future?
A3: Earning rewards with advanced DeFi strategies
Coinbase NKN (NKN) Quiz Answers
Q1: What is NKN?
A1: A decentralized data transmission network
Q2: How can you use NKN token?
A2: Pay for data transmission
Q3: How big is the NkN network?
A3: Up to 100k full concensus nodes globally
Coinbase Chiliz (CHZ) Quiz Answers
Q1: Chiliz is a blockchain built for…
A1: Sports and entertainment
Q2: What is the main utility of the CHZ Token?
A2: Participating in Fan Token Offerings
Q3: Through their expansion, Chiliz plans to launch new Fan Tokens in…
A3: USA
Coinbase Polygon (MATIC) Quiz Answers
Polygon (formely knows as Matic) is one of my favourite projects out there so I was happy to see the Polygon quiz.
The immense speed and almost no gas fees are perfect for rapidly growing ecosystem.
Here are the correct answers to Polygon quiz on Coinbase Earn:
Q1: What blockchain is Polygon helping to scale?
A1: Ethereum.
Q2: Who runs the Polygon network?
A2: Polygon validators.
Q: What is Polygon building?
A3: An internet of blockchains on Ethereum.
Coinbase Loopring (LRC) Quiz Answers
Reward: $1.5 LRC
Q1: What is Loopring?
A1: An Ethereum scaling protocol
Q2: What is NOT a benefit of using Loopring?
A2: Requires a traditional bank account
Q3: What is LRC?
A3: Loopring’s governance token
Coinbase NuCyper (NU) Quiz Answers
Reward: 3 NU
Q1: What does NuCypher provide to users and apps?
A1: End-to-end encryption
Q2: What does NuCypher use to protect your data
A2: Independent nodes to perform tasks
Q3: Which of these is NOT a use of the NU token?
A3: Paying Ethereum transaction fees
Coinbase MakerDAO (MKR) Quiz Answers
Q1: What are the native assets of the Maker protocol?
A1: MKR and DAI
Q2: Who runs MakerDAO?
A2: MKR holders
Q3: What do you need to generate DAI today?
A3: A crypto wallet and crypto collateral
Coinbase Filecoin (FIL) Quiz Answers
Q1: What is Filecoin?
A1: A web service for secure, centralized storage
Q2: How does Filecoin ensure data remains accessible and correct?
A2: Proof of replication and proof of spacetime.
Q3: How is data addressed in Filecoin’s IPFS network?
A3: By its content.
Coinbase Celo (CGLD) Quiz Answers
Q1: How does Celo give greater access to financial tools?
A1: By making crypto accessible on mobile phones.
Q2: What are 3 things Celo is used for?
A2: Staking, governance, and stability.
Q3: What’s one way to send a Celo Dollar?
A3: Using the Valora Mobile App.
Coinbase Numeraire (NMR) Quiz Answers
Q1: Who submits predictions to Numerai?
A1: A global community of data scientists.
Q2: Why do data scientists stake NMR tokens?
A2: To back up predictions and earn rewards.
Q3: What do data scientists pay to obtain Numerai’s financial data?
A3: Nothing.
Coinbase Band Protocol (BAND) Quiz Answers
Q1: What does Band bring to blockchains?
A1: Real world data.
Q2: What are Band’s decentralized data feeds called?
A2: Oracles.
Q3: What’s one benefit of staking your BAND tokens?
A3: Earn crypto rewards.
Coinbase Algorand (ALGO) Quiz Answers
- By being scalable, secure and decentralised
- A randomly selected ALGO token
- Algorand Standard Asset (ASA)
Coinbase Zcash (ZEC) Quiz Answers
A1: A privacy protecting crypto
A2: It keeps your financial info safe so it can not be sold
A3: Through a cryptographic breakthrough known as zero-knowledge proof
Coinbase EOS Quiz Answers
- A blockchain protocol for fast, scalable applications
- Delegated proof of stake
- Fast, free transfers
- Stake EOS tokens
- Upgradable smart contracts
Coinbase Orchid (OXT) Quiz Answers
- A peer-to-peer privacy tool
- The OXT token, a Web3 wallet, and the Orchid app
- Support for multi hop configurations between bandwidth providers
Coinbase Kyber Network (KNC) Quiz Answers
A1: Exchange one Ethereum token for another
A2: Ethereum
A3: Liquidity
Coinbase Tezos (XTZ) Quiz Answers
A1: Formal verification
A2: A decent computer, an Internet connection and 1 roll of Tea (8,000 XTZ)
A3: The formal governance process
Coinbase Basic Attention Token (BAT)
A1: There are too many ads and data trackers
A2: It is a free, open source web browser built for privacy
A3: Users get paid BAT for viewing opt-in ads, and publishers get rewarded when users pay attention to their content
Coinbase 0x (ZRX) Quiz Answers
Q1: What is 0x’s vision?
A1: To create a tokenized world, through frictionless, peer-to-peer exchange of tokens.
Q2: What is the 0x protocol?
A2: A new way to trade tokens and cryptocurrencies with other people.
Q3: What is the ZRX token used for?
A3: It can be used to pay relayer fees and participate in protocol upgrades in the future.
That’s all quizzes we managed to find!
List of all the is available here.
What Can I do with Free Rewards Earned From Coinbase Earn Quizzes?
You could either keep them long term or exchange them for fiat currency and then withdraw money from Coinbase to your bank account.
I hope you enjoyed the answers as much as me preparing them for you!
We will update this list and add more quizzes as the time pass!
Coinbase Earn Quiz Answers FAQ
What Is The Best Way To Earn GRT Coinbase Quiz?
The best way is to watch carefully the Graph GRT quiz and answer all the questions correctly. Right after, you will be rewarded with your free GRT tokens.
Am I Eligible For Coinbase Earn?
In order to take part in Coinbase Earn, you need to be Coinbase user and complete identity and photo verification process.
Also, you need to be resident of one of these countries: Austria, Australia, Belgium, Bulgaria, Canada, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hong Kong, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, The Netherlands, Norway, New Zealand, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, Taiwan, Turkey, the United Kingdom, and the United States.
Steve specializes in cryptocurrency and finance. As a born researcher, he won’t leave any stone unturned when it comes to topics he covers.