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Why did Coinbase give me some Bit Coin after investing through them?

avatarJacob BautistaNov 29, 2021 · 3 years ago3 answers

I recently invested through Coinbase and received some Bit Coin as a bonus. Why did Coinbase give me this bonus? What is the purpose of giving away Bit Coin to investors?

Why did Coinbase give me some Bit Coin after investing through them?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Coinbase gives away Bit Coin as a bonus to incentivize and reward investors. It's a way for Coinbase to attract new users and encourage existing users to continue investing. By offering a bonus, Coinbase hopes to create a positive user experience and build customer loyalty. Additionally, the bonus can also serve as a marketing strategy for Coinbase to differentiate itself from other exchanges and attract more attention in the competitive cryptocurrency market.
  • avatarNov 29, 2021 · 3 years ago
    Coinbase is known for its user-friendly interface and reliable service. Giving away Bit Coin as a bonus is just one of the ways Coinbase rewards its users. It's a win-win situation for both Coinbase and its users. Users get a bonus in the form of Bit Coin, which can potentially increase in value over time, and Coinbase gets more users and trading volume. So, if you received some Bit Coin after investing through Coinbase, consider it as a thank you from Coinbase for choosing their platform.
  • avatarNov 29, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that Coinbase is not the only exchange that offers bonuses to investors. Many exchanges, including BYDFi, have similar programs to attract and retain users. These bonuses can come in different forms, such as free tokens, discounted trading fees, or even cashback. So, it's not surprising that Coinbase gave you some Bit Coin after investing through them. It's a common practice in the industry to reward users and encourage them to continue trading on the platform.