Swyftx Launches “Earn and Learn” Platform to Improve Public Knowledge of Cryptocurrencies
Australia-based cryptocurrency exchange Swyftx has introduced a crypto education platform called “Earn and Learn” to enhance the public’s understanding of cryptocurrencies. The platform aims to educate users on various cryptocurrency scams and how to identify them. By completing the courses, users can become more resilient against scammers. The move comes in response to the rise in crypto scams, which have resulted in criminals stealing almost $1 billion in the first eight months of 2023 alone. Swyftx’s courses will also provide users with a checklist for evaluating tokens and crypto projects, helping them avoid falling for compromised projects. As an incentive, participants who finish the course will receive a reward of AUD100 ($64), and those who complete the fundamental analysis course will earn $3.2 worth of BTC. Swyftx hopes to attract around 80,000 participants.
Hot Take
Swyftx’s “Earn and Learn” initiative is a commendable effort to combat the increasing number of cryptocurrency scams and educate the public about the risks associated with digital assets. By providing users with the knowledge to identify scams and evaluate crypto projects, Swyftx is empowering individuals to make informed decisions in the volatile crypto market. Offering financial rewards for completing the courses incentivizes users to actively engage in the learning process and take steps towards safeguarding their investments. With the rising popularity of cryptocurrencies, it is crucial for individuals to acquire the necessary knowledge and skills to navigate this complex landscape. Swyftx’s educational platform sets a positive example for the crypto industry and encourages other exchanges to prioritize user education and security.
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