How to Buy Bitcoin Through Coinbase

 

First things first you need to sign up to coinbase if you haven’t already done so using this link here. Coinbase is a safe place to stash away your bitcoin and has easy payment methods which converts the currency for you in and out of bitcoin.

Next, you need to link your bank account so you can make and receive payments. They ask you verification questions to confirm your identity and once those are completed you can start making transactions. All the money stored with coinbase is insured and to top it off coinbase only holds up to 2% of your funds online the rest is held in an offline storage.

 

Finally!!!! You are going to buy your bitcoin. Once you submit your purchase coinbase completes the buy and delivers your bitcoin or if you are cashing out they will complete the sale and deliver your cash. The price of bitcoin does change over time but you will see an updated exchange rate before you place your order.

 

Now there are some fees involved when making transfers. To know what your fees are going to be take a look here for updated pricing.

 

That’s it that’s all there is to it. Now get out there and start making money!

Categories: Cryptocurrency

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