How To Buy Bitcoin Using Coinbase: Beginners Guide
In this Post, I will tell you the Beginner Guide About “How to Buy Bitcoin Using Coinbase.”
If you mark the Increase in the price of BitCoin from 2009 till the day, you will find investing in BitCoins is great.
But the difficulty with BitCoin is that the people are considering is, it’s not safe to invest in BitCoins. If you see the current BitCoin Price is 4342.60$. According to Big Business Agencies & Traders. The price of BitCoin in 2018 goes to $5000. Therefore it’s good to invest in BitCoins.
There are several sites which allow you to buy BitCoins like Coinmama, zebpay, virwox, etc., but in this post, I will share how to Buy Bitcoin Using Coinbase Website.
How to Buy your first BitCoin Using Coinbase: Beginners Guide
If you are a Completely New & Curious to Invest in BitCoins, then you should know purchasing Bitcoins is bit tough. But Coinbase Website makes the entire process easy.
Coinbase is largest digital currency exchange company in the world. It was created in 2012. Until the day, the net value of exchanging currency from Coinbase in approximately 4.5 billion USD and it is still growing.
Coinbase supports currently 33 countries. If you live in this below countries, then you can purchase BitCoin easily. Coinbase is not available for the Indian Persons.
Austria, Bulgaria, Belgium, Croatia, Czech Republic, Cyprus, Denmark, Finland, France, Greece, Hungary, Italy, Ireland, Latvia, Liechtenstein, Malta, Monaco, Norway, Poland, Netherlands, Portugal, Romania, San Marino, Slovakia, Spain, Slovenia, Sweden, Switzerland, United Kingdom, United State, Canada, Singapore.
One of the greatest features of Coinbase is you can also buy Litecoin & Etherum.
Update: Coinbase also offers you $10 of free BitCoin on first purchase of $100 BitCoins.
Steps to Buy BitCoins using Coinbase
2- Create Account By Entering Name, Email & Password.
3- Then, Verify Your Email Id. (Go to Your Email & Click on Coinbase Email >> Click Confirm)
4- Now Login to Coinbase & Fill Your Profile Details.
5- Click on Bank Details & Fill Details.
6- Then Click on Verify Phone Number, Enter Phone Number & Verify it through OTP which receives on your Phone.
7- Click to ‘’Buy/Sell’’ on the dashboard.
8- You need to verify your identity by either uploading scan copy or displaying front page of ID to your webcam. [It will automatically verify all the details online]
9- Then, Enter the amount you want to buy. Click on ‘Buy Bitcoin Instantly.’
Your BitCoin will be automatically transferred to your wallet. You can transfer this BitCoin in any other wallet like mobile wallet, hardware.
If you live in the US, Europe, United Kingdom, Singapore, you should be able to purchase BitCoin instantly using a Credit card.
Final Words
Coinbase is a largest exchange currency site in the world. Buying BitCoins Using is a very Safe & Reliable Method.
If you live in U.K, U.S, Singapore then Coinbase is useful for you but if live in any of under developing countries like India, Pakistan, Bangladesh then you can not buy BitCoins from Coinbase which is a significant drawback.
Comment Below If You Face Any Problem
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