Home Financial Tools Coinbase rewards waitlist: What is that?

Coinbase rewards waitlist: What is that?

by Lucas Richards

What is the Coinbase rewards waitlist?

The Coinbase rewards waitlist is a waiting list for people who want to receive rewards from the Coinbase cryptocurrency exchange. Rewards are given out based on a person’s trading activity on the Coinbase exchange. The more active a person is, the higher their chances of receiving rewards.

Those who are on the waitlist will be given priority when it comes to receiving rewards. This is because the Coinbase exchange wants to encourage people to trade more frequently. The more active users there are on the platform, the more successful it will be.

How do I get on it?

If you want to get on the Coinbase rewards waitlist, you will need to create an account on the Coinbase exchange. Once you have done this, you will need to verify your identity. After your identity has been verified, you will be able to access the Coinbase rewards waitlist.

How do I get off it?

If you want to get off the Coinbase rewards waitlist, you will need to close your account on the Coinbase exchange. Once you have done this, your name will be removed from the waitlist.

What are the benefits of joining the Coinbase rewards waitlist

The benefits of joining the Coinbase rewards waitlist are that you will be given priority when it comes to receiving rewards from the Coinbase exchange. This is because the Coinbase exchange wants to encourage people to trade more frequently. The more active users there are on the platform, the more successful it will be.

Is there a downside?

The only downside to being on the Coinbase rewards waitlist is that you will need to verify your identity. This can be done by providing a government-issued ID or by completing a KYC (Know Your Customer) process.

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