Coinbase will be giving $10 worth of Bitcoin to students who create a new Coinbase account using their .edu email address. Theproject was inspired by the MIT Bitcoin Project of MIT reported by Cointelegraph.

Coinbase hope they can attract more students and increase students’interest in digital currency.

We believe that getting moreyoung scholars thinking about and transacting in Bitcoin will help spur thegrowth of the ecosystem and contribute to the ever-increasing creativeways Bitcoin is being used to make the world a better place,” said theannouncement on the Coinbase blog page.

To participate, student must have a valid email address using theircollege domain and be at least 18 years old. Students can sign-up at cryptocoinsnews.comCoinbase with their college email account.Shortly after registration the students will receive $10 worth of Bitcoin inaccount. It is important to note that a student can only receive the bonusonce.

A new Bitcoin giveaway was announced on Wednesday, May 14 and the affect hasalready been noticed.

At the moment of writing, a great number of Bitcoin have already beenprocessed.  The most popularuniversities, where students opened the biggest number of accounts so far are TheUniversity of Illinois,The University of Texas and Berkeley University of California.