Coinbase Set to Give Out One Billion Stellar Lumens (XLM) Tokens

Coinbase is a US-based digital currency trading platform. The trading platform is one of the best in the world, and it has several divisions including Coinbase Pro. Coinbase Pro is the professional trading platform of the exchange. Recently, Coinbase added XRP (XRP) and Stellar Lumens (XLM) to Coinbase Pro, and this steered a lot of discussions in the crypto space.

Coinbase has been very active in the crypto space, with new listings, bounties, and Coinbase 12 days program. Crypto 2019, will crypto ever recover? With the ongoing bullish trends, crypto invest summit, and developments in the industry, crypto might recover soon.

Coinbase Pro fees is one of the things that attract traders to the platform. There are also rumors about Facebook buying Coinbase. However, no facts are supporting these speculations at the moment. But Facebook buying Coinbase would be great for the industry, as the platform will gain more exposure.

Coinbase to Give Users Who Study the Protocol of Stellar Lumens $106M

Coinbase just carried out another massive bullish move in the cryptocurrency industry. The cryptocurrency exchange said it would be giving away $106M worth of Stellar Lumens tokens to users that will study the protocol of Stellar. Coinbase disclosed this news via a blog post on the 26th of March. This strategic move is part of the cryptocurrency-focused educational program of Coinbase – Coinbase Earn.

According to the firm, this is its biggest program ever. Each eligible user in the US can earn up to $50 for studying the protocol of Stellar via the program. According to the official site of Coinbase Earn, the firm has partnered with Stellar to carry out this program. The program comprises of five educational videos, about three minutes each. To earn Stellar Lumens (XLM) tokens as a reward, users have to watch the videos and answer the corresponding questions.

Via a Twitter post, the firm said that it has already sent the first wave of IVs to join the program to its clients based in the U.S. The floor is partially open for those outside the United States, as they have to sign up for a waitlist. Are you looking for free XLM airdrops? You might want to grab on to this. This is just like XLM airdrop, but Coinbase is giving out an enormous $106M.

Coinbase Recently Announced Its Support for Stellar Lumens (XLM)

A couple of weeks ago, Coinbase made a move that helped the value of Stellar Lumens (XLM) to surge sharply. Coinbase announced the addition of Stellar Lumens (XLM) to Coinbase Pro – its major retail investor platform. The digital currency is available for trade in the whole of US except New York City. The coin is also not available in the United Kingdom.

According to a report by Cointelegraph, an enormous XLM airdrop took place in November last year. This happened when blockchain.com announced support for XLM and gave out XLM airdrop worth $125M. That was the highest giveaway in the history of digital currency. Coinbase also wants to follow a similar trend.

Stellar (XLM) Price Today – XLM / USD

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At the time of writing, Stellar Lumens (XLM) is trading at $0.105737 after an increase of about one percent over the past twenty-four hours. The current market cap of the digital currency is $2.05 billion. The trading volume of XLM over the past twenty-four hours is $299.51 million.

Brian Lubin is a Crypto News Reporter for Smartereum. He's well-known for his reports on the crypto markets.

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