COINBASE, WHAT IS IT ?
The Coinbase platform, founded in June 2012 by Brian Armstrong and Fred Ehrsam, is a portfolio of crypto-currencies for buying, selling and storing Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin cash (BCH). Coinbase is really recommended for beginners, especially with the possibility to buy Bitcoin by credit card.
ADVANTAGE OF COINBASE :
-Coinbase is one of the most used platforms
-Coinbase is one of the rare pleteformes which allows to buy cryptomonnaies with a credit card
-Site and mobile application very well done
BUY CRYPTOCURRENCY WITH A CREDIT CARD
Today I will show you how to buy cryptomonnaies with your credit card.
Let’s start by creating an account on Coinbase by clicking on the image below :
By registering with the link above, you will get $10 of free Bitcoin for $100 of purchased Bitcoin.
The Coinbase bonus also works if you buy Ethereum, Litecoin or Bitcoin Cash.
Go to coinbase, click Sign up. Fill in the requested information.
Once this step is validated, you will receive an e-mail containing a link.
Click on this link to check your email address. You can then continue the registration process. You will need to enter your telephone number and the verification code that you will receive by SMS.
You will need to enter your telephone number and the verification code that you will receive by SMS.
Enter your personal information. You will then be asked for a copy of your identity card or passport.
You can upload a driver’s license or other photo ID, and can upload with a webcam, a mobile camera, or a file upload. You will be required to upload a clear photo of the front and back of the idea. The photo verification may take a few minutes.
If the photo fails to verify, make sure the photo is clear and no parts of the ID are obscured. If you still cannot verify your ID, then contact Coinbase support.
Once your photo ID is verified, the ID verification process should be complete.
Once this step is completed your account is validated. You’ll be able to buy Bitcoin.
Before that go to “Tools” and “Addresses” and click on “+ Create new address” for the currency you want to buy.
Once you have created your address, click on “Buy/Sell” and then on “+Add new account”. You will have the choice between payment by credit card or bank transfer.
Today we will see the payment by credit card.
Enter the requested information and your credit card numbers, finish by pressing “Add Card”.
You will receive a message that your account is linked to your account.
Here are Coinbase’s fees :
Once your card is registered return to “Buy/Sell”.
Choose your payment method, you can see that your credit card is registered.
Choose the currency you want to buy (bitcoin here), choose the amount of your purchase (50 Euros for me) and click “Buy Bitcoin”.
Confirm your purchase, your transaction will be confirmed by a message.
You now have your cryptocurrency stored on coinbase. To view your wallet simply click on “Accounts” and you will have access to all your cryptocurrency.
Now you know how to buy cryptocurrency with your credit card.