How To Buy Crypto On Coinbase
How To Buy Your First Crypto on Coinbase
Step 1:
Visit Coinbase.com and create a free account. (see pic)
(Note: This is a referral link - my name is Ryan by the way! You'll get $10 for free with your first $100 deposit!)
Be sure to Verify it says Coinbase, Inc. [US] in the address bar with a padlock. See below picture.
Enter your information and click 'Sign Up'.
Step 2:
Verify Your Account. You will need to send Coinbase proof that you are who you are with a Government Issued Photo ID and other general information. Be sure to take care of that ASAP.
Step 3:
Add A Funding Account. (see pic)
This of course is where you would link either your Bank account or Credit/Debit card.
On the Coinbase dashboard go to -->Settings-->Linked Accounts-->click button 'Link A New Account'
You will have 2 Options (Ignore paypal as you can only sell with them)
Bank Account (for larger amounts and lower fees - Recommended!!)
or
Credit/Debit Card (higher fees)
Please note that Bank Accounts take usually 7-19 days to receive your Crypto's after purchasing them (they are locked at the rate you buy them at though). Credit/Debit Cards are instant so you will be able to spend, hold or invest your Crypto right away!
Step 4:
Buy Your First Crypto! (see pic)
- You will have 3 options (at least at the time of this guide) Bitcoin, Ethereum & Litecoin. All our great choices so its completely up to you but I would diversify all 3 - even if you own a fraction of one that's OK also!
- Choose Your Payment Method
- Enter how much you want to buy either in USD or your Crypto amount!