How to buy crypto-coins on Coinbase ?

How to buy crypto-coins on Coinbase ?

You have chosen to use the platform Coinbase, and you have decided to purchase crypto-currencies above. Here are the steps to do to get there.

Your registration on Coinbase

The first thing to do to be able to use Coinbase and buy crypto-currencies, it is of you to register. For this, you need to start by clicking on “register” and provide the information you requested. You must give your first name, last name, your e-mail address and create a password. For the password, we recommend that you create a complex password to avoid any risk of hacking your account. In addition, of course, you have to give accurate information.

Once that is done, you will receive an e-mail containing a link that will allow you to confirm your account. After clicking above, you must indicate whether you are an individual or a professional. You will then need to provide your phone number. This way you will receive a confirmation code to be copied on Coinbase. However, this could also be a good idea to associate your phone number with your account on Coinbase. You will receive an SMS to notify you during each transaction.

The documents to be provided

However, once all this is completed, documents will be requested to confirm your identity. You will need to provide proof of identity, either a driving licence, an identity card or a passport. To send, you need to take a photo with your proof of identity to hand, using your webcam or the camera of your mobile phone. However, you can also simply send a photocopy of both sides of your document directly from the platform Coinbase. Please also note that the audit is performed in an automatic way, so that it will be done very quickly.

Make a deposit and start to buy crypto-currencies

However, before purchasing crypto-currencies on Coinbase, you still have one step to complete. You’ll need to deposit money into Coinbase. You can do so by bank transfer or by credit card. However, you will need to provide your bank details or your credit card. Once your deposit is in your account Coinbase, it only remains for you to choose and purchase the crypto-currency that you want. To do this, you will need to visit the heading “Purchase/sale” and make your choice. On the platform, you can choose between buy bitcoins, litecoins or ethers. Once your choice is stopped, it will find an offer that suits you to finalize the transaction.

 

What you must remember

  • You must first register on the platform Coinbase. For this, you need to provide more information.
  • You will also need to provide a document to support your identity. This can be a driving licence, an identity card or a passport.
  • You must then make a deposit before you choose your crypto-currency and the offer that is right for you.