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Australian crypto exchange Swyftx is launching a new “Earn and Learn”crypto education platform which aims at rewarding its users for completing courses covering an array of crypto scams. Australian crypto exchange Swyftx also said that it had identified a rise in demand for crypto education during the bear market as the reason for its launch. The new educational platform will launch on 6th September and comes amid heightened attention over crypto-related scams in Australia.Swyftx’s head of corporate affairs, Tom Matthews also said that the aim is to better equip the public with knowledge until such a time the industry is fully regulated. It would also serve to help people better understand the crypto market and reduce their susceptibility to scam coins. Matthews told Cointelegraph that the platform will help users identify different scams, such as those involving spurious tokens, pig butchering and other social media cons, and pump-and-dump schemes. The exchange, which claims to have 660,000 customers, identified a big rise in demand for crypto education during the bear market.The first 4,000 people to successfully complete the first course on fundamental analysis will receive five Australian dollars ($3.20) in Bitcoin (BTC) - $25,747, with 100 Australian dollars ($64.30) in total rewards available to each participant over the next 12 months. He also said that the firm is anticipating up to 80,000 Australians to participate.Lastly, Matthews said that the demand for more education has been largely driven by the high level of grassroots crypto adoption in Australia. Zac Povolny, co-founder of Australian investor education and research platform Investified and a contributor to some of the courses also said that with thousands of digital asset opportunities to invest in, it’s important to have the skillset and education to cut through and identify assets with real utility and staying power. Many lack the fundamentals necessary for a sustainable project, he added. Globally, several major exchanges such as Coinbase have launched similar educational platforms with crypto incentives. Binance also offers crypto-earning opportunities through its Academy section.Coinbase Earn went live in late 2018 offering a handful of altcoins such as ZRX, ZTX, GRT, and COMP for completing short educational courses on the respective assets; however, it was often over-subscribed at the time. So, that&#39;s a wrap for today’s WedNewsDay, we hope you all enjoy the read! Stay tuned for next week’s WedNewsDay and don’t forget to follow our social media accounts. Thank you!Follow us onWebsite | <a href="https://werentnft.io/" rel="noopener noreferrer nofollow">https://werentnft.io/</a>Instagram | <a href="https://www.instagram.com/werent_nft/" rel="noopener noreferrer nofollow">https://www.instagram.com/werent_nft/</a>Twitter |<a href="https://twitter.com/WebuyOfficial" rel="noopener noreferrer nofollow"> </a><a href="https://twitter.com/WerentOfficial" rel="noopener noreferrer nofollow">https://twitter.com/WerentOfficial</a>Medium |<a href="https://medium.com/&#64;webuynft" rel="noopener noreferrer nofollow"> </a><a href="https://medium.com/&#64;werentnft" rel="noopener noreferrer nofollow">https://medium.com/&#64;werentnft</a>Facebook | <a href="https://www.facebook.com/werentnft" rel="noopener noreferrer nofollow">https://www.facebook.com/werentnft</a>Youtube | <a href="https://www.youtube.com/&#64;WeRentNFT" rel="noopener noreferrer nofollow">https://www.youtube.com/&#64;WeRentNFT</a>

WEDNEWSDAY! Swyftx launches ‘Earn and Learn’ which is paying Aussies to learn about crypto scams!

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