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Fishing to Earn Coins
Fishing on Club Penguin Island is a really easy way to get free coins! In fact, you can get up to 20 coins each time you throw your rod in the water. The video above demonstrates how to fish!
It’s an activity exclusive to members and you get to fish 10 times each day, though it resets back to 10 at midnight PST. You need to go to the west of the island in Beacon Boardwalk where there is a fishing rod for you to pick up. It’s located next to a wooden fishing sign. This is known as the “Fishing Spot”.
Your penguin will throw his rod into the water. When fish take the bait, it’s your job to quickly tap a button which will turn orange. If not, the fish will get away! There’s not too many details on fishing but I think it’s a great addition to the game! It’s a pity that something so simple is exclusive for members though.
This table demonstrates how many coins can be earnt per catch in fishing, courtesy of the CP Wiki.

I hope that this was useful! š
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Exchanging Collectibiles to Earn Coins
Finding things on Club Penguin Island can be a great way to stack up coins! Lots of thingsĀ from coconuts to flowers to diamonds are valuable and can be exchanged for cash, whether you are a member or a non-member. To do this, waddle up to it and tap the orange interactive button.
To do this, you need to head over to Beacon Boardwalk. Behind Aunt Arctic are three transparent tubes. Go over their and click the orange “!” button. Then click the purple “Trade in Items” button!
It will take a few seconds and you’ll be able to get your coins! There is no limit to how many you can collect and if you get over 999 coins, the counter will not display how many you got, though you’ll still receive those coins.
It’s currently not possible to exchange items of your choiceĀ and as such, all of your items are exchanged. Collectibiles require you to have a certain number to exchange them which is why there might be some left in your inventory.
Here’s a list of them:

Thank you to the CP Wiki for this image!
I hope that this information on getting free coins helped you!