Swyftx Launches โEarn and Learnโ Platform to Improve Public Knowledge of Cryptocurrencies
Australia-based digitalย currency exchange Swyftx has introduced a cryptocurrency education platform wasย known โEarn and Learnโ to expandย the publicโs understanding of digitalย currencies. The platform intendsย to educate users on numerous digitalย currency 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 cryptocurrency scams, which have resulted in criminals stealing almost $1 Billion in the first eight months of 2023 alone. Swyftxโs courses will likewise provide users with a checklist for evaluating tokens and cryptocurrency projects, helping them avoid sliding 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
Swyftxโs โEarn and Learnโ initiative is a commendable effort to combat the increasing number of digitalย currency scams and educate the public about theย dangers associated with digital assets. By providing users with the knowledge to identify scams and evaluate cryptocurrency projects, Swyftx is empowering individuals to make notified decisions in the volatile cryptocurrency market. Offering financial bonus for completing the courses incentivizes users to actively engage in the learning process and take steps towards safeguarding their investments. With the growing popularity of digitalย currencies, it is critical for individuals to acquire the necessary knowledge and skills to navigate this complex landscape. Swyftxโs educational platform sets a positive example for the cryptocurrency industry and encourages other exchanges to prioritize user education and security.
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