Coinbase is a great multi-functional virtual money platform, as it works both as an online wallet or purse, and also as a currency transaction network. So withdraw and buy on Coinbase it is a very simple task.
In this article We will talk to you and explain the best way to buy on Coinbase, quickly, conveniently and easily. So if you have this question, keep reading and perform each of the steps of the tutorial process.
Step-by-step tutorial to buy on Coinbase
Coinbase is one of the safest networks for buying and selling cryptocurrencies. So since you are already totally convinced about buying from Coinbase, You must rigorously follow these steps to make a successful and correct virtual money acquisition.
1. Login to Coinbase
The first step to be able to make your purchase on Coinbase is by logging in. If you don't have an account yet, We briefly indicate the steps to follow to register on the platform:
- Go to the Coinbase website and select the "Get Started" option.
- Fill in the form with all your personal data.
- Verify your registration through an email that Coinbase will send to the email with which you are registering.
- Activate 2-step verification to give your account much more security.
- Confirm your identity with a personal document.
- Add a payment method. Those that Coinbase allows are: PayPal, bank account and credit or debit card
Remember that If you want to know more about Coinbase on our website you can find a lot of information about this platform.
2- Access the "Operate" option
When you log in, the main panel of your Coinbase account will open, where you must locate and select the "Operate" option.
This option can be found on the upper right side of the screen. Right next to the notification or bell option.
3- Choose the tab: Buy on Coinbase
When selecting "Trade" a central window will open, where there will be three selection tabs: Buy, sell and convert. You shall select the option «Buy».
4- Put the amount to buy
Then you must Indicate in the space the money you want to invest in cryptocurrencies. Depending on the country there will be a weekly investment limit.
5- Select the payment method and the type of cryptocurrency to buy at Coinbase
Then, below where you indicated the amount you want to invest to buy cryptocurrencies, you must select 2 important aspects: The payment method and the type of cryptocurrency you want to buy.
As a point to take into account, To be able to buy cryptocurrencies in Coinbase we highly recommend that it be through the means of payment of bank transfers.
This method is usually the best because commissions are much lower than those that charge for paying by card or PayPal. In addition, by transfer from the bank account transactions will be much faster.
6- Proceed to verification
After indicating all the above you must click on the option «Purchase preview» to review and verify the entire process.
It will automatically redirect you to another similar window where all the details of your purchase will appear with everything and the commissions, it is like a payment receipt. Where after reviewing them you should select the "Buy Now" option.
To complete the whole process you only have to wait a few hours, no more than 24, so that the amount you bought in cryptocurrency mode is already reflected in your Coinbase account. It's that simple to buy on Coinbase.