Looking for an easy way to earn cryptocurrency for free? In this guide, we’ll break down the 10 best crypto Learn and Earn programs in 2023!
Quick Look: The Best Learn and Earn Platforms Coinbase Binance Robinhood Revolut Bitdegree Bake Phemex CoinMarketCap CoinGecko NFTb Coinbase Learn and Earn Coinbase — one of the world’s biggest cryptocurrency platforms — is also one of the best sites for getting started with Learn and Earn!
After signing up for a Coinbase account, users can earn a small amount of crypto (typically around $3-5) for completing educational modules on different cryptocurrencies. Each module typically just takes a few minutes to complete!
Binance Learn and Earn
In the past, Binance has offered Learn and Earn rewards in cryptocurrencies like KNC and VOXEL.
Unlike other Learn and Earn programs on this list,
Binance Learn and Earn is only available for new Binance users who create and verify their account within 3 days.
Binance may require users to complete other tasks to receive their cryptocurrency — such as sharing a post on social media or investing in a select cryptocurrency!
Binance Learn and Earn is not available in the U.S. and other countries where Binance.com is restricted.
Robinhood Learn and Earn
In addition to stock and cryptocurrency trading,
Robinhood has a Learn and Earn program for cryptocurrencies! Once you complete a short module on a cryptocurrency, you’ll receive your Learn and Earn rewards!
Unlike other platforms, Robinhood’s Learn and Earn list is rather small. At the time of writing, Robinhood only supports AVAX and USDC.
Revolut Learn and Earn Revolut began offering Learn and Earn modules in 2022. Revolut’s Learn and Earn program allows users to earn up to $15 in DOT for free! Bitdegree Learn and Earn Bitdegree is an educational platform designed to help users learn about the Web3 ecosystem!
In addition to cryptocurrency, Bitdegree offers discounts on select cryptocurrency products! For example, Bitdegree’s module on the hardware wallet Ledger allows users to earn a 10% discount on a Ledger family pack.
Bake Learn and Earn Bake (formerly Cake DeFi) is one of the few DeFi platforms that offer Learn and Earn rewards for crypto investors! Currently, the platform offers modules for DFI, DFI-BTC, and DFI-ETH with rewards up to $1.
You’ll need to complete KYC verification to earn your Bake rewards. Once you’ve completed the relevant modules, Bake will send your Learn and Earn rewards to a ‘freezer’ where they can be ‘defrosted’ after 1 month.
Phemex Learn and Earn Phemex is another exchange that offers Learn and Earn rewards to users.
However, Phemex’s Learn and Earn program works slightly differently than the others listed in this article. Instead of offering cryptocurrency rewards, Phemex credits your account with U.S. dollars that you can use to invest in cryptocurrency!
CoinMarketCap Learn and Earn CoinMarketCap is one of the most popular crypto price tracking websites in the world. The platform partners with popular cryptocurrency projects to offer Learn and Earn programs.
At the time of writing, CoinMarketCap offers rewards in cryptocurrencies like DFI, BNB, and TRX!
CoinGecko Learn and Earn CoinGecko is a cryptocurrency price tracker that offers crypto Learn and Earn rewards. The platform offers rewards after watching videos and completing ‘missions’ (typically short quizzes)! At the time of writing, CoinGecko offers rewards in cryptocurrencies like KNC. NFTb Learn and Earn NFTb bills itself as the #1 hub for Web3 games. The platform is a marketplace for NFTs, DeFi tokens, as well as a discovery platform for play-to-earn games.
NFTb’s Learn and Earn program allows users to earn cryptocurrencies associated with popular crypto games and Metaverse platforms. At the time of writing, NFTb allows users to earn cryptocurrencies like LBL, DNL, and HIMO.
What are crypto Learn and Earn programs?
Learn and Earn programs allow users to earn cryptocurrency for minimal effort. All users have to do is watch a short video that explains how the cryptocurrency works, then take a quick quiz!
Learn and Earn programs typically come about as a partnership between exchanges and cryptocurrency projects. Learn and Earn is a win for both parties! Exchanges like Coinbase and Binance get to offer free rewards to their customers. Meanwhile, cryptocurrency projects raise awareness and reach new users!
How is Learn and Earn crypto taxed?
Like other cryptocurrencies, crypto earned from Learn and Earn is
subject to tax.
When you earn crypto from Learn and Earn, you’ll pay income tax based on the fair market value of your rewards at the time of receipt.
When you dispose of your rewards, you’ll incur a capital gain or loss depending on how its price has changed since you originally received it.
Pros and cons of crypto Learn and Earn programs
Let’s walk through some of the pros and cons of crypto Learn and Earn programs.
Pros Free crypto: Learn and Earn programs allow you to earn cryptocurrency for free! Low effort: Going through an educational Learn and Earn module does not take much time and effort (and often, the answers to quizzes are available online!) Intro to crypto: Learn and Earn programs can be a great way to introduce yourself to the cryptocurrency ecosystem and learn about new projects! Cons Small rewards: Typically, Learn and Earn programs only offer small rewards. Unknown cryptocurrencies: Learn and Earn platforms do usually not offer major cryptocurrencies like BTC and ETH. Most coins that are offered are relatively obscure. How to avoid Learn and Earn scams
Unfortunately, scams and fraud are rampant in the cryptocurrency space. Let’s walk through a few tactics you can use to avoid crypto Learn and Earn scams.
Use reputable platforms: Make sure that your Learn and Earn platform has a reputation for trustworthiness and security. Be wary of unrealistic rewards: If a Learn and Earn program is promising an unrealistic reward, you should be cautious! This may be a sign of a fraudulent scheme. Read third-party reviews: Before you get started with a Learn and Earn program, see what users are saying on platforms like Reddit and Trustpilot. What are other ways to earn free crypto?
It’s important to remember that Learn and Earn isn’t the only way to earn cryptocurrency for free. Here are a few more tactics that can help you earn free crypto!
Referral programs: Platforms like Coinbase and CoinLedger offer rewards if you send a link to a friend to sign up! Staking rewards: You can earn rewards by staking your cryptocurrency on PoS blockchains like Ethereum! Airdrops: In the past, crypto projects like Uniswap and Ethereum Naming Service have airdropped free cryptocurrency to early users!
For more information, check out our guide to
our guide to earning cryptocurrency for free.