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How to buy cryptocurrency on Coinbase


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Step 1: Sign up and verify your account

  • Go to Coinbase's website (www.coinbase.com) and click on "Get started" to create a new account.
  • Follow the on-screen instructions to provide your personal information, such as your name, email address, and password.
  • Coinbase may require you to verify your identity by uploading a government-issued ID and completing additional verification steps.

Step 2: Add a payment method

  • Once your account is verified, you'll need to add a payment method, such as a bank account or a credit/debit card.
  • Follow the prompts to link your payment method to your Coinbase account. Coinbase may require you to complete additional verification steps for added security.

Step 3: Buy cryptocurrency

  • After your payment method is added, you can now buy cryptocurrency on Coinbase.
  • Click on the "Buy/Sell" tab on the top menu of the Coinbase dashboard.
  • Choose the cryptocurrency you want to buy, such as Bitcoin (BTC) or Dogecoin (DOGE).
  • Enter the amount of cryptocurrency you want to buy or the amount of your local currency you want to spend.
  • Review the transaction details and click "Buy now" to complete the purchase.

Step 4: Withdraw cryptocurrency

  • Once you have purchased cryptocurrency on Coinbase, you can withdraw it to an external wallet or another exchange.
  • Click on the "Accounts" tab on the top menu of the Coinbase dashboard.
  • Find the cryptocurrency you want to withdraw and click on the "Send" button.
  • Enter the recipient's wallet address, which is the unique address associated with the external wallet or exchange where you want to send the cryptocurrency.
  • Enter the amount of cryptocurrency you want to withdraw and review the transaction details.
  • Click "Send" to initiate the withdrawal.

Please note that Coinbase may have specific requirements and fees for withdrawals, and it's important to review their website and follow their instructions carefully to ensure a successful withdrawal. Additionally, cryptocurrency transactions are irreversible, so make sure to double-check all the transaction details before proceeding.

Coinbase Help Center (https://help.coinbase.com/en/coinbase/getting-started)

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