Base

Rewards on Base

Eligible customers can earn rewards on the Base app for referring friends to the Base App and for holding USDC in the app. Terms apply.

Eligibility

• Customers in the US are required to link their Coinbase account to the Base app to earn rewards

• Customers outside the US are required to attest that they’re not located in the US

Referral incentives

Customers can earn a 25% net fee from the swap fees generated by their referred wallets. 

Referred customers receive a 10% discount on their swap fees.

The referrer benefits only from the specific wallet referred through their link. If the customer creates a new wallet, there is no referral relationship.

Referral dashboard: Allows customers to track their referral performance

• Number of users referred (with identity)

• Volume generated per referred wallet (lifetime)

• Earnings accrued (paid)

Please note that payouts are issued every Friday with at least 24 hours from the time of trade completion.

See official terms and conditions here.

USDC Rewards

• Earn USDC rewards by holding at least $1 USDC in your Base app

• Enroll and track your reward earnings from the Wallet tab or the USDC asset detail page

• Rewards accrue daily and are paid out weekly

• The APY rate set by Coinbase may change at any time, and you’ll be notified of any changes

Taxes

• Rewards may be considered taxable income - consult a tax professional 

• US customers will receive a Form 1099-MISC from Coinbase at the end of the tax year if their earnings meet the reporting threshold