sludgefeed.com
San Francisco-based Coinbase announced Friday that privacy coin Zcash (ZEC) has become the latest project to be featured in Coinbase Earn, a new section of the website that allows users to earn cryptocurrency while learning by completing specific tasks like watching videos.
While previous additions to the Earn program, like Basic Attention Token (BAT), have been welcomed by the crypto community, the latest Zcash offer of only $3 has been less well received.
Earn $3 worth of Zcash with a new Coinbase Earn opportunity today. Check out the Earn ZEC page to view educational videos about Zcash and earn some along the way! https://t.co/2og1aeUQyF
— Coinbase (@coinbase) February 15, 2019
One Twitter user called the giveaway a “joke,” while another said, “$3 is so much when you compare [it] with your fees. Thanks, Coinbase, what else [would we] expect from you.” This sentiment was largely shared across Twitter and other social platforms.
While BAT jumped 13% on the news that it was added to Coinbase Earn, the price of ZEC hasn’t rallied on its listing.
Zcash is currently down 0.1% on the day to $51.09, giving it a $301.7 million market cap and making it the 19th largest coin in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.