Home Coinbase Coinbase giveaway: The way to get $15 in free Bitcoin and choose in for $3M cryptocurrency sweepstakes – NJ.com

Coinbase giveaway: The way to get $15 in free Bitcoin and choose in for $3M cryptocurrency sweepstakes – NJ.com

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Coinbase had a Super Bowl 2022 commercial, and shortly after the advert aired, its own platform crashed.

Nonetheless, “now that we’ve your consideration,” the cryptocurrency firm announced it’s internet hosting a sweepstakes and giving away free Bitcoin to new users.

First, the free cryptocurrency provide: When you’ve got but to enroll, you can do so here. New customers will receive $15 worth of Bitcoin, however solely by Feb. 15.

Subsequent, the giveaway: Coinbase is handing out $3 million price of Bitcoin. To be eligible, you just have to “opt in” by Feb. 27.

There might be three winners, every rewarded $1 million price of Bitcoin. Winners might be notified round mid-March.

One Bitcoin is at present price over $42,000, in accordance with real-time knowledge tracked by CoinMarketCap (Market capitalization is consistently altering).

What’s cryptocurrency?

Cryptocurrency is a digital asset designed for use over the web, according to Coinbase. It’s decentralized, that means it isn’t managed by the federal government or every other central authority similar to a financial institution.

You should use cryptocurrency to purchase merchandise from retailers who settle for it as cost, similar to Overstock, or promote it to make a revenue.

Different well-known cryptocurrencies in addition to Bitcoin embody Dogecoin, Shiba Inu, Ethereum and Tether.

The place else can I purchase cryptocurrency?

Crypto.com is one other common cryptocurrency buying and selling platform, and in addition aired an ad during Super Bowl 2022.

Listed below are another locations the place you should purchase cryptocurrency:

You can too purchase cryptocurrency on Venmo.

How a lot does it value to purchase cryptocurrency?

To take a position, you don’t have to purchase one whole cryptocurrency, similar to Bitcoin — you should purchase only a fraction. One Bitcoin is at present price over $42,000, whereas one Dogecoin just isn’t even price 15 cents.

In the end, it depends upon which cryptocurrency you’re shopping for. Every has a distinct worth and market value.

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Nicolette Accardi covers the net buying trade, writing about commerce, day by day offers and ideas. She could be reached at [email protected]. Observe her on Twitter: @N_Accardi.

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