Coinbase Wallet

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

Related articles


Disclaimer: Not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Earn 25% of net fees your friends generate on eligible swaps while they get a 10% fee discount on supported assets; rewards are paid in USDC, subject to a 100,000 USDC cap per referrer, eligibility/exclusions, minimum thresholds, and changes or termination at Base’s discretion. For more details, see Terms and Conditions.