Using Coinbase

in cryptocurrency •  7 years ago 

Signing up at →http://goo.gl/cb5NZe

Creating an account with Coinbase can sometimes seem tricky but is very simple.

Make sure you use all identification processes.
Which includes uploading a front and back photo of your drivers license. {sometimes using flash on the camera helps}.

Now there are two options and you can do both regarding how you deposit money into coinbase

  1. Bank (Lowest fees)
  2. Debit/credit (higher fees)

I personally use a debit card for the faster transactions.

When setting up a debit card, coinbase will send TWO transactions to your bank between $1.00 and $1.99. These transactions will be refunded to your account, but are used to verify the debit card is actually hooked up to a bank to verify you have funds to purchase Cryptocurrency.

Once you are set up for identification and fund verification, you will have options for purchase
1} Bitcoin
2} Bitcoin Cash
3} Ethereum
4} Litecoin

All of these coins have established themselves as very stable coins in there standing longevity.

On coinbase you can
}Buy/Sell
}Send/Recieve

To Buy/Sell, look at the bottom of the app and you will see

Prices
Accounts
Alerts
Settings

Click Accounts

If buying, click the crypto you would like to buy, and select your purchase method
If selling, click the crypto you would like to sell, and select the account you would like to sell to. You can even sell your crypto back into USD to your bank account!

For sending and recieving, it works almost the same way.

Click Accounts

At the top right corner you will see
}A square like image for recieving
}A triangle for sending

For recieving you can have another user scan your code for easier payments or you can send your copied code to recieved payments

For sending it works the opposite way, you will scan their code or input their copied code to submit payment to user.

Cryptocurrency is a great secure anonymous payment method and a lot of businesses across the world are accepting crypto. Join today!

IMG_20180602_131146_689.jpghttp://goo.gl/cb5NZe

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