How To Buy Bitcoin With Coinbase
How To Buy Bitcoin And Other Crypto With a Coinbase App.
Learning How To Buy Bitcoin With Coinbase has helped me break the chains of my 9 to 5 job. I have detailed here how you can open up your own account and buy some bitcoin too.
All the security setting and verify information you need to know and how to send and receive funds into the account.
1st step would be to go to the Coinbase website. I will leave a link in the description below which is an affiliate link where if you deposit $100 into the account you will receive $10 worth of FREE bitcoin.
On the 1st screen you will need to enter
- Your first name
- Last name, Email address then choose a password.
You do have to be over 18 to be able to use the Coinbase app.
Go to the next screen and click on NEXT.
Then you will be asked in its ok for Coinbase to send you promotional emails – this is up to you, you can unsubscribe at any time.
So click YES or NO on that.
Verify Your Email With Coinbase
The next step would be to verify your email address.
Go to your email inbox that you used to sign up.
Find an email from Coinbase and click on verify your email address.
This will take you back to the Coinbase website where you will be asked to enter your phone number.
This is to set up 2 step verification which is another security measure for you.
This means to access your account and your funds you will not only need to put in your password to the account, but Coinbase will send you a text message to your phone with a passcode.
Securing You Account With Your Phone
When you put you number in on this step, Coinbase will be sending you a code to your phone to verify your phone number too.
Next would be to select what country you are a citizen, so select a country and click submit.
Now you will be asked to verify your identity. Be sure to put in the correct information as Coinbase will check this against your ID you provide later on.
Once you have done that, click on continue.
Then you will be asked some questions on what you will be using the Coinbase app for.
How much crypto you expect to trade per year and what industry you work in.
Then click submit.
Next you will be required to show some formal identification.
- Driving License
- ID card
Pick one that you are going to use and click next.
There will be 3 options to upload a picture of your ID
- Mobile Camera
- File Upload
I just used my I phone to upload a picture of my driving license. If you do use your phone, Coinbase will send a link to your phone to upload the photo.
Once you have uploaded the front and the rear of your ID card. It should take a few seconds to be verified.
Now you need to set up a bank account where you will be sending the funds from to the Coinbase app.
Set up a bank account with a bank card or credit card you would like to use for the account.
That’s it – You account is set up.
Now For The Security Of How To Buy Bitcoin With Coinbase
Click on your name in the top right-hand corner and go to settings. From there click on security.
When you entered your phone number the 2 step verification is already set up.
This is still only moderately secure.
I would recommend setting up the authenticator too with google authenticator.
Download the google authenticator app on your phone.
Then click on set up authenticator on Coinbase – you will be sent a code to your phone.
Type in the code and press confirm.
From the authenticator app on your phone, scan the QR code on Coinbase using the plus sign in the bottom right had corner of the google app.
Then you have set up another level of security for your Coinbase account.
The final step would be to fund your account with bitcoin.
From the home screen, click on + buy.
From here you will be able to buy, sell or convert crypto.
If you have set up a bank account you will see the option here.
If not you will need to select an account.
You will need to send a small amount from your bank account to confirm.
Once confirmed you can send the amount you want to use to buy bitcoin.
Once Set Up You Can Continue To Buy Bitcoin.
Click on Buy bitcoin and pay with the money your just deposited, for me it shows as GBP wallet as its in pound sterling.
After that your transaction will be complete. You will be the proud owner of bitcoin.
Welcome to the future of money.
Having been involved in bitcoin since 2017 it has worked out very well for me.
If can work out well for you too and help you break the chains to your 9 to 5.
Access the Coinbase website here to receive $10 Free Bitcoin.
To see the video with a step by step guide go here – How To Buy Bitcoin With Coinbase
Until next time