How to Open a Coinbase Account - DAVID RAUDALES DRUK
Mantenganse informado de las noticias de negocios internacionales. Contacto
Track all markets on TradingView
Home
Posts

How to Open a Coinbase Account

 




Opening a Coinbase account is straightforward, but you must meet these eligibility requirements first:

  • Be at least 18 years old
  • Have a device with internet access (computer or smartphone)
  • Possess a valid government-issued ID (e.g., driver's license or state ID)
  • Provide a phone number for SMS verification
  • Use the latest version of a supported web browser

Step 1: Visit the Coinbase Homepage

Go to Coinbase.com. The homepage features helpful resources:

  • Learn tab: Guides on trading basics and crypto education
  • Company tab: Overview of Coinbase's history and operations
  • Products tab: Details on wallets, staking, and other features

Step 2: Enter Your Basic Information

Click "Sign Up" and provide:

  • A valid email address
  • Your full legal name
  • A strong, unique password (use a password manager if needed for security)

Step 3: Verify Your Email

Coinbase will send a verification email. Click the link inside to confirm your address and proceed.

Step 4: Set Up Two-Factor Authentication (2FA)

For added security:

  1. Enter your phone number and country.
  2. Receive an SMS code and input it on the site.
  3. If no code arrives, request a resend or try another number.

2FA protects your account if your password is compromised.

Step 5: Verify Your Identity

Answer a series of personal questions (e.g., childhood address details) to confirm your identity. This step enables account recovery if you lose access to your credentials. You may also need to upload your ID for full verification.

Step 6: Add a Payment Method and Start Trading

Link a payment option:

  • Bank account: Ideal for larger amounts (ACH transfers)
  • Debit card: Quick for smaller purchases
  • Wire transfer: No upper limits for high-volume trades

Verification is instant in most cases. Once complete, a green "Buy Crypto" button appears on your dashboard. You're now ready to trade.

How to Trade on Coinbase (Buy, Sell, or Convert)

Photo Courtesy: Fabian Sommer/picture alliance via Getty Images

With your account funded, buying, selling, or converting crypto is simple.

Step 1: Access the Trade Interface

  • Desktop: Click "Buy/Sell" in the top-right corner.
  • Mobile App: Tap the double-arrow icon at the bottom center of the home screen.

Step 2: Place an Order

In the popup:

  1. Select Buy, Sell, or Convert.
  2. Choose your cryptocurrency.
  3. Enter the amount in USD (minimum: $2; max per transaction: $25,000).
  4. Opt for a one-time purchase or recurring buys (daily, weekly, etc.).

Step 3: Review and Confirm

  • Click "Preview" to see:
    • Exact token amount
    • Fee breakdown
    • Current market price
  • If everything looks correct, hit "Buy Now" (or equivalent for sell/convert).

Transactions appear in your portfolio. Click any for a detailed receipt. Note: Crypto delivery may take minutes to hours depending on network congestion, but you can trade pending assets immediately.

Selling/Converting: Follow the same steps but select "Sell" or "Convert" and specify the crypto amount to exchange for fiat or another coin.

Why Choose Coinbase?

Coinbase holds over 40 U.S. regulatory licenses and employs bank-grade security (e.g., 2FA, cold storage, insurance on hot wallets). While no platform is 100% risk-free in crypto, Coinbase's track record and transparency make it a trusted choice for millions. Always enable all security features and never share your credentials.

Post a Comment

-->