The Offer
CoinList is offering $5 in OXT (Orchid a cryptocurrency) for watching a brief video (2 mins) and completing a 5 question quiz.
Geographic Restrictions
CoinList is NOT available in the following states/areas:
- Alaska, Connecticut, Guam, Hawaii, Louisiana, Minnesota, Northern Mariana Islands, Nevada, New York, Puerto Rico, Texas, Virgin Islands (U.S.), Washington
Complete list of CoinList geographic restrictions
A Few Details
- Rewards do not post instantly; if similar to the referral program they should post approximately 4 days after completed activity, but it looks like rewards are currently taking longer than that to post.
- First round of rewards started posting on 2020-07-10.
- The quiz appears after viewing the video
Our Verdict
Only $5, but a fairly quick $5 if you already have a CoinList account established. If not, CoinList is also running a $10 in BTC referral promotion with signup and a trade of $100+.
You may already be familiar with OXT as Coinbase ran a similar promotion in the past. [In all honesty, I wrote up that post and I couldn’t even remember what the hell OXT does … so this was a good refresher 🙂 ] Coinbase has actually run a number of these learn and earn modules (must be a successful marketing strategy), so hopefully using a similar strategy CoinList will also offer more of these modules in the future. [Update 2020-07-11: CoinList’s plan is to release $45 more in OXT learning modules over time].
[Hat tip to Patient CG]
History
2020-12-08: In an email Coinlist highlights that this promotions is still running. Unfortunately no new Coinlist learn promotions have yet to be released to date.
2020-07-04: Initial Post
View Comments (28)
CoinList is offering $6 in Tezos (XTZ), similar to Coinbase's "Learn and Earn", where you watch videos and answer questions, you may answer the questions multiple times until you get the right choice. Rewards post instantly.
https://coinlist.co/rewards/tezos
Thanks for pointing this out. Didn't know that Coinlist had this
1. Which consensus mechanism model does Tezos use?
Liquid proof-of-stake (LPos)
2. Which feature allows Tezos to be seamlessly upgradable while also avoiding hard forks like other blockchains?
Unique on-chain governance mechanism
3. What are some reasons why people are using Tezos to buy, sell, and mint NFTs?
I Low gas/transaction fees
II Global community of artists
III Energy-efficiency
IV Access to Tezos-powered marketplaces
I, II, III, IV (B)
4. How do Tezos DeFi DApps disrupt the world of traditional finance?
They allow fast and frictionless exchange of value between users across the world
5. Which Tezos NFT platform was used during the video in order to mint an NFT?
Objkt.com
6. What is an Objkt.com NFT collection used for?
Organizing NFTs
Yay for free crypto! 🤑 💰💲 💵
I received $5 in OXT on my account today.
Thanks for the heads up, see the OXT posted on my account too.
Looks like they are going to release $45 more in learning modules over time.
https://blog.coinlist.co/introducing-coinlist-rewards-learn-about-orchid-earn-oxt/
This is good. I wish more exchanges would do something like this. Binance does randomly with different token/coins but is a little meh. Wish Gemini would do something like this.
I completed the quiz and it said I got $5 in OXT but I haven't received it yet. My application was approved last Saturday!
Ok, thanks, maybe it takes longer to post than I assumed, will add your DP
Why is "the hell" crossed out? 🤣
:)
Your CoinList account application for XXXX was received.
We're reviewing the information you provided. Once approved, you’ll be able to use trading and wallets.
This review process typically takes 1-3 days. We’ll notify you when you’re approved.
You don’t need to do anything else at this time.
Can I earn this $5 OXT during my application is pending?
If yes, how to find the link?
I can not find it in my dashboard.
Thank you very much!
If you follow the link Don posted and don't see rewards, it's most likely you can't earn OXT while your account it not yet verified.
Right, that would be my guess too. If you don't see the "Rewards" icon/button (like in the graphic of this post) in the left side bar of your CoinList screen it probably isn't available yet for your account.
I was going to ask where the quiz was lol For anyone who might get confused like me, you'll have to watch the whole video on that page for quiz to appear. And, thank you so much for posting about this.
Since we are talking about CoinList, do you know what their crypto withdrawal fee is like? I've $10 in BTC and wanted to withdraw, but couldn't find anywhere how much network fee they set to withdraw the amount to a personal wallet?
Thanks, updated the post with that detail.
It says a network fee will be added, I think this can get fairly high if the BTC network is congested. Believe the fee is the same amount if moving a lot or only a little of BTC. But not certain what the exact fee is right now.
If you just want to keep the most current value might compare the BTC withdraw to just selling the BTC which I believe is just a $0.25 fee (for that amount) and then you could ACH out the funds for free.
I never have an account with Coinlist.
If I open an account with Coinlist directly, whether it is a hard credit pull?
Or they will run a ChexSystems check?
After I got the $5 OXT, can I transfer it to my coinbase account?
Thank you very much!
No pulls whatsoever - it’s crypto
There was no hard credit pull when I signed up. Don't believe ChexSystems was used either as the CoinList Wallet's USD account is not a traditional checking account (though you can ACH In/Out), but not 100% certain as I haven't pulled my report in a while.
You should be able to transfer the OXT from CoinList to your Coinbase account. When you click on the OXT entry within your CoinList wallet there is a withdraw button, here you would enter the deposit/public address of your Coinbase OXT wallet. Alternatively, you could sell or trade the OXT on the CoinList platform.
One note, the CoinList bonus doesn't post instantly like the Coinbase bonuses. I think they run a batch job for the referral bonuses every few days, so would expect the same for these bonuses too [a few day delay].
@don-l I think you mean “here you would enter the *receive* address of Coinbase oxt wallet.”
And @guest_1009900 use Coinbase Pro for sells because lower fees (0.5%).
Thanks, that's right, I wasn't using the correct term for Coinbase - yes it is the "receive" address of your OXT wallet, thanks.
Dammit TX. Really starting to consider vpn
You'd probably also need a government ID card from another state.
for $5
Ugh spent all that time making an account and setting up a wallet to be told it isn't available for Connecticut.
Same boat buddy. Living here's got its perks but bank accounts and referrals are not among them :)
Sorry, I'll pull the state restrictions over from the signup bonus post
Thanks for adding that and all your work with the site. Not your fault you'd think they'd recognize the IP addresses location and give you a heads up before taking all your information, especially since that restriction list I believe is much longer than other sites.
@guest_1009683 they list restrictions on their website...