Update 2/27/23: There is now an offer for $1 in USDC
- What’s a stablecoin? A crypto “pegged” to an asset
- What are two types of stablecoins? Algorithmic and fully reserved
- What’s true about USDC? It’s fully reserved
- What’s Circle? The company that issues USDC
- What can you do with USDC? All of the above
Robinhood crypto has launched a new learn and earn program (similar to Coinbase’s learn & earn program). To access this feature you need to Browse → Learn. Currently you can earn $1 in AVAX. Normally I do the Coinbase promos but this requires answering 5 questions for $1, so not sure I’ll actually do it. The questions and answers for AVAX are as follows:
- What’s Avalanche? A scalable blockchain platform
- What is AVAX? Avalanche’s native token
- What are Avalanche’s three blockchains? C-Chain, X-Chain, P-Chain
- What’s a Subnet? A group of validators
- What’s being built on Avalanche? Both of these
I can see it now. I got an email and updated the app and it showed as the first thumbnail in the learn section
Seems like quite a time sink for a dollar’s worth of randocoin. Am I missing something?
I don’t see this offer.
Related / Unrelated question..
I have tired to sign up for the Robinhood crypto.. already have a Robinhood account but I swear this one is the only one that WILL NOT accept extremely clear images of my driver’s license.. I never had a problem with any other bank or crypto.. has anyone ran into this problem of their verification system being totally unable to verify you regardless of what you do? I contacted customer support multiple times and got no help with it.
If you’re using an image from a scanner, try taking a picture with your phone. Or if you’re using a picture that you edited/cropped, try using an unedited picture.
For USDC, you’re ineligible if you’re a resident of Hawaii, New York, Nevada, Puerto Rico, or Texas.
Here’s the cheat sheet on USDC:
What’s a stablecoin? A crypto “pegged” to an asset
What are two types of stablecoins? Algorithmic and fully reserved
What’s true about USDC? It’s fully reserved
What’s Circle? The company that issues USDC
What can you do with USDC? All of the above
I don’t see a USDC lesson in my account (just AVAX, which I did a while ago).
Don’t see anything in Browse -> Earn about AVAX. Just generic lessons.
Does Samuel Bankman-Fried narrate these?
Hardy har har take my upvote! Unfortunately, half the people here don’t even own or use crypto, much less follow crypto news, so this is over their heads.
I mean, it is sort of world-wide news for even the casual news observer. His hair is also famous too!
is it online ?? JUst through the app? Available in Michigan?
App only