Crypto Step by Step: 1) Easy Way to Purchase Bitcoin, Ethereum, Litecoin and Bitcoin Cash

in crypto •  7 years ago 


As people are rushing towards crypto currencies now-a-days and specially to buy Bitcoin, they often find it difficult to figure out which web site to use to buy. Sometimes they give up with frustration looking at too many steps involved to get in. I myself have faced it once earlier but finally got over the hurdles, thanks to the easy interface of Coinbase. So let's see what do you need to do if you buy Bitcoin, Ethereum, Litecoin or Bitcoin Cash online.

Step 1: Use your computer's browser to login to Coinbase at https://www.coinbase.com/join/528374615bf560e4d600005c
Step 2: Signup for an account with your email address. Use your smart phone to verify your registration code during the process.
Step 3: You will need to provide your Driver license's front side and reverse side as well as your face image via your computer's web camera to verify your identity documents. The process may take several minutes.
Step 4: Add your bank account or credit card or paypal account to your newly created coinbase account so that you can fund your purchases at Coinbase.
Step 5: Optionally (but highly recommended), enable MFA (multi-factor authentication) for your account. For this you will need to download Google Authenticator app in your smart phone first. Then follow the steps in Coinbase to scan barcode after writing down the 16 digit code. This is to make sure if you loose the mobile, you can recover your account access.
Step 6: You are ready now to buy and cell any of those 3 - Bitcoin, Ethereum, Litecoin. Select the respective wallet to buy those coins.


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