Binance Teams Up With Masterclass For Crypto Education

The course is a joint effort by Binance and Coinbase to establish a better ecosystem and avoid new users from losing money.

Binance, the world’s largest cryptocurrency exchange, partnered with Master Class to provide a course on cryptocurrencies and blockchain on December 8. 

The class is a joint effort by Binance and Coinbase to establish a better ecosystem and avoid new users from losing money.

The 3-hour-and-40-minute master class, “Crypto and the Blockchain,” will teach participants about blockchain technology, Web3, DeFi, DAOs, and more taught by over 180 crypto and mainstream financial experts. 

These expertise include Changpeng Zhao (CZ), Coinbase’s President and COO Emilie Choi, a16z Crypto’s Chris Dixon, and Nobel Prize-winning economist Paul Krugman.

The course will cover fundamental cryptocurrency issues to help novices who are “crypto-curious” to understand the ecosystem and the industry’s current condition and future. 

A downloadable crypto tutorial containing explainers, activities, and pictures will be provided to each student to aid in their comprehension of the material discussed in class.

To join, participants must pay a $15 per month (billed annually) MasterClass membership fee that unlocks access to various courses and classes. 

Customers can benefit from a broad range of courses that go beyond crypto and Web3, from modeling to gardening and everything in between.

Binance CEO Emphasizes On Crypto Education

Changpeng Zhao noted that as civilization evolves, new technologies must be understood to build business models that are unfeasible with the antiquated traditional banking system. 

He claimed: 

”There are new business models that can be built using this new technology, which you cannot build using the old financial system.” 

The exchange also launched six courses and 29 modules via Binance Academy to teach cryptocurrency and blockchain basics. 

Users will receive an NFT credential after completing six free courses. On December 7, Binance published new courses and quizzes to acquire BNB, BUSD, POLYX, and ALGO as Christmas gifts.

Binance CEO CZ earlier indicated the company would set up a recovery fund “to help projects who are otherwise strong, but in a liquidity crisis.” This act got attention as the leading exchange revealed that the platform received 150 applications for its Recovery Fund.