How to buy Ethereum (ETH) on Coinbase ?
You have decided to buy Ethereum on Coinbase, but you don’t know how to do this ? So here are the steps to follow to achieve this without any problem.
Create an account on Coinbase
The first thing to do is to register on Coinbase. For this, nothing complicated since you just need to enter your name, your first name, your e-mail address and create a password. We recommend that you use a password that is very complex to avoid any risk of piracy. In addition, of course, you have to give accurate information. You will then receive a confirmation e-mail that will allow you to validate your account.
The setup of your account Coinbase
Once your account is validated, you must indicate whether you are an individual or a company. Please select your account type before you provide your phone number. You will then receive a confirmation code to learn about Coinbase. We also recommend you to link your phone to your account. This way you will receive a confirmation code at each operation that you perform. It is ideal to secure all your transactions.
In a second time, you will need to prove your identity. For this, two solutions are available to you :
It only remains for you then to make your first deposit. You can do this by bank transfer or by credit card. To this end, you must save your banking data or your credit card.
Buy Ethereum on Coinbase
Once these two steps completed, you can start to buy Ethereum. To do this, you must go to the menu “Buy/Sell” (or ” Buy/Sell “). You can then choose between the purchase of Bitcoin, Ethereum and Litecoin. Therefore, you should check the Ethereum and enter the quantity you wish to. Once your this last has been confirmed, you must also choose the payment method you want to use (usually the one that you used for your deposit). It remains for you to validate in order to complete your purchase. Here, it is finished : you have made your first purchase of ethers on Coinbase.
What you must remember
- You must first create an account on Coinbase.
- Once this is completed, you must comply with all of the checks for your account to be secure.
- We recommend that you also choose a complex password and link your account and your phone to increase the safety of your assets.
- You must then make a deposit into your account, either by credit card or by bank transfer.
- You can then buy the Ethereum by going to the menu ” Buy/Sell “.