![]() ![]() Hit “Buy now” Then you will see the confirmation of your purchase. The price of bitcoin was $22,656.84 at the time of the sale. You will see the order to buy 0.01411305 BTC for $100, with a $2.99 Coinbase fee, which is 2.99 percent of the purchase price. In this case, the purchase is for $100 worth of bitcoin or 0.00428171 BTC. You can specify a dollar amount of bitcoin you want and by clicking the “Preview Buy” button you can see the amount of BTC you would receive for that amount. A screen will pop up that looks like this: To buy bitcoin, scroll up to the top of the main Coinbase page and click on Buy/Sell. Once you have opened an account at Coinbase, you will see a dashboard with the price of bitcoin, Ethereum, Solana and other coins listed, along with your current balance of each coin and the market’s top movers. Simply follow the prompts as they appear to complete account set up. You will be prompted to upload your ID and verify your bank account or credit card as you go. Simply fill in the required fields to open your account. Once you are ready to sign up for an account, go to the account signup page, where you will see this: Like any bank or money transmitter, Coinbase must comply with Know Your Customer/Anti-Money Laundering laws. All this is for verification and authentication purposes. During due diligence, Coinbase will send a few pennies to your bank account then you must verify the amount to Coinbase. You also need a bank account or credit card to make purchases. For security purposes, Coinbase does not allow you to send your ID by email. You will upload your ID directly on the Coinbase website. You will need valid identification, such as a driver’s license or photo ID. Perhaps the safest way to hold bitcoin is in your own private wallet, in case the exchange gets hacked. That means you can buy bitcoin at Coinbase and then ship it to your private wallet, leaving a zero account balance at Coinbase if you like. A valid photo ID (such as a driver’s license)Ĭoinbase has no minimum account size.Here is what you need before you get started: ![]() Coinbase reports over 110 million verified users – that’s more than Charles Schwab, with 33.6 million active brokerage accounts. Launched in 2012, Coinbase is a popular site for crypto investors, primarily because it is easy to use. This article will show you how to buy bitcoin on this popular exchange. There are multiple ways to buy bitcoin, but perhaps the easiest and safest way is through an exchange like Coinbase. ![]()
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