Coinbase to give away $1.5m in Bitcoin to mark Nasdaq listing

The cryptocurrency exchange Coinbase announced a $1.5 million Bitcoin giveaway for new users to mark its Nasdaq listing.

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To celebrate $COIN, we’re giving away $1.5M in bitcoin. Sign up for a new Coinbase account before April 22 for a chance to win. Contest rules and details are at: https://t.co/EOhDrzoVZD
Void where prohibited. No purchase necessary. Restrictions apply.

— Coinbase (@coinbase) April 15, 2021

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Under the rules, a user must sign up on the trading platform by April 22 and complete verification by April 29. Only residents of the United States may participate.

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One winner will receive $500,000 in Bitcoin, ten more will receive $50,000 each. Five thousand participants will receive $100 each.

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On April 14, a direct listing of Coinbase shares on Nasdaq. The opening price stood at $381.

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Ahead of the event, each of the 1,700 full-time employees received 100 shares as a gift.

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Previously, Coinbase memorialised its listing on the Bitcoin blockchain: the F2Pool mining pool included in block #679187 the headline of The New York Times article \”House Gives Final Approval to Biden’s $1.9T Pandemic Relief Bill Mine\” dated March 10, 2021.

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