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**Title: Swyftx Launches “Earn and Learn” Crypto Education Platform to Combat Scams in Australia**

**Introduction**
Australian cryptocurrency exchange Swyftx is set to launch an innovative crypto education platform, known as “Earn and Learn.” This platform aims to reward users for completing educational courses that cover various crypto scams. With the increase in crypto-related scams in Australia, this initiative aims to equip the public with knowledge and reduce their vulnerability to fraudulent activities. The launch of this educational platform is scheduled for September 6, and it comes at a time when the industry lacks comprehensive regulations.

**How AI legalese decoder Helps with the Situation**
The AI legalese decoder is a cutting-edge technology designed to assist individuals in navigating the complexities of legal jargon commonly found in the crypto industry. By utilizing natural language processing and machine learning algorithms, this tool can decipher confusing legal terms, contracts, and regulations, making them more accessible and understandable to the average user. In the context of Swyftx’s “Earn and Learn” platform, the AI legalese decoder can play a crucial role in simplifying the educational content and providing users with clear explanations of scams and their associated risks. By enhancing the users’ comprehension of scams and improving their ability to identify suspicious activities, this tool contributes to the overall effectiveness of the educational platform.

**Expanding on Swyftx’s “Earn and Learn” Crypto Education Platform**
Swyftx’s head of corporate affairs, Tom Matthews, emphasized the importance of empowering the public with knowledge about cryptocurrencies until comprehensive regulations are in place. The platform’s primary objective involves providing users with a better understanding of the crypto market while minimizing their susceptibility to scam coins. Through the completion of courses offered on the platform, participants will gain insights on identifying various scams, including those related to spurious tokens, social media frauds, and pump-and-dump schemes.

Matthews expressed frustration over the misconception that all scams involving digital assets are solely cryptocurrency-related. He clarified that the platform will highlight the distinction between traditional scams and scams involving digital assets, aiming to educate users about the unique challenges faced within the crypto industry.

The courses offered on the platform will also provide users with a comprehensive checklist to evaluate tokens and determine their utility. This checklist encompasses factors such as the background of the founding teams, tokenomics strength, project weaknesses, VC backing profiles, financials, and understanding the project’s goals and relevance. By equipping users with this knowledge, Swyftx aims to enhance their ability to make informed investment decisions.

The demand for crypto education has surged as a result of the significant grassroots crypto adoption in Australia. Swyftx, with its user base of 660,000 customers, has identified this demand and is anticipating the participation of up to 80,000 Australians on their platform. Incentives will be offered to participants, with the first 4,000 individuals who successfully complete the initial fundamental analysis course receiving $3.20 (5 Australian dollars) in BTC. A total of $64.30 (100 Australian dollars) in rewards will be available to each participant over the next 12 months.

**Contributions from Industry Experts**
Zac Povolny, co-founder of Australian investor education and research platform Investified, is collaborating on some of the courses offered on Swyftx’s platform. Povolny emphasizes the importance of having the skillset and education necessary to identify digital assets with genuine utility and long-term sustainability. He notes that many projects lack the fundamental elements required for success, underscoring the significance of comprehensive education in the crypto space.

**Similar Initiatives Globally**
Swyftx’s “Earn and Learn” platform follows the footsteps of other major cryptocurrency exchanges globally. Coinbase and Binance are among the prominent exchanges that have launched educational platforms with crypto incentives. Coinbase Earn, which went live in 2018, offers users the opportunity to earn various altcoins by completing short educational courses. However, the over-subscription of these courses was often an issue at the time. Such initiatives highlight the importance placed by exchanges on educating users about cryptocurrencies and encouraging responsible investment practices.

**Conclusion**
Swyftx’s launch of the “Earn and Learn” crypto education platform marks a significant development in combating crypto scams in Australia. With the aid of tools like the AI legalese decoder, the platform’s courses provide users with valuable knowledge and insights to navigate the crypto market safely. By equipping individuals with the necessary skills to identify scams and evaluate token utility, Swyftx aims to foster a more informed and responsible crypto community. This endeavor aligns with the industry’s growing emphasis on education and awareness to mitigate risks and contribute to the long-term success of cryptocurrencies.

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