In line with recent official Coinbase ‘web-blog‘ post published, U.S. based renowned cryptocurrency exchange named ‘Coinbase’ has declared that it’s freely giving around 1 Bln XLM [Stellar Lumens] [around $106 Mln] to users who are willing to review and study the Stellar protocol.
This new move is a part of Coinbase Earn, the exchange’s cryptocurrency focused educational program. The company ‘added‘ that this actual session of the program is its “biggest yet.” Every eligible U.S. user can gain up to $50 USD for employing the program to review the Stellar protocol.
As per Coinbase Earn ‘web-site‘, the program developed in partnership with XLM consists of five educational videos of up to 3 minutes each. After watching the videos and finishing a group of corresponding quizzes, users reportedly can earn XLM tokens as a reward.
The company added that it had already ‘transferred‘ the primary group of invites to affix the program to its U.S. customers. Users outside the United States are invited to register for a waitlist.
XLM is presently ranked 8th by market cap among the top-100 cryptocurrencies on CMC [CoinMarketCap]. The coin’s market cap and price have seen a noticeable uprise following Coinbase’s announcement, with 24-hour gains of almost 7%. At the reporting time, XLM is presently trading at a price around ‘$0.1062 USD‘.
Even earlier this month, Coinbase added ‘support‘ for XLM on its main retail capitalist platform. The cryptocurrency was open to the bulk of customers, with the exception of Coinbase users within U.K. and the U.S. state of New York, at the reporting time. Prior to that, the company’s pro trading platform, Coinbase Pro, ‘declared‘ it was accepting Stellar deposits.
As ‘reported‘ earlier, a massive XLM airdrop that took place earlier in Nov. last year. Back then, cryptocurrency wallet provider Blockchain.com launched full support for the token, alongside freely giving $125 Mln priced XLM to its user base. The company itself marked the initiative as “the largest airdrop within the history of crypto ecosystem and certainly the major customer giveaway ever.”