Coinbase, the world’s largest cryptocurrency exchange, has recently launched a new program called On-Chain Quests. This program is designed to encourage users to engage with the platform and increase their activity.
The On-Chain Quests program provides users with rewards for completing certain tasks. These tasks can range from buying a certain amount of cryptocurrency, to trading a certain amount of cryptocurrency, to simply logging into Coinbase. Each task has a different reward associated with it, and users can earn rewards in the form of Coinbase points, which can be redeemed for discounts on Coinbase products and services.
The On-Chain Quests program is designed to help Coinbase increase user engagement and activity on the platform. By providing rewards for completing tasks, Coinbase hopes to encourage users to use the platform more often and to explore the different features that Coinbase has to offer. Additionally, Coinbase hopes that this program will help to attract new users to the platform, as well as incentivize existing users to stay active.
Coinbase is also looking to use the On-Chain Quests program to educate users about cryptocurrency and blockchain technology. By providing rewards for completing tasks related to cryptocurrency and blockchain, Coinbase hopes to help users gain a better understanding of these technologies and how they work. This could potentially lead to more users investing in cryptocurrency and using the Coinbase platform more often.
Overall, Coinbase’s On-Chain Quests program is an innovative way to encourage user activity and engagement on the platform. By providing rewards for completing tasks, Coinbase hopes to attract new users and incentivize existing users to stay active. Additionally, Coinbase hopes that this program will help educate users about cryptocurrency and blockchain technology, which could lead to more users investing in cryptocurrency and using the Coinbase platform more often.
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