How to create a Coinbase account?

Le cryptocurrency system has experienced an impressive boom in recent years. And it is not for less, because the advantages and usefulness that the virtual currency system offers you are exponentially great. The first platform in lWhere I started in the world of cryptocurrencies was Coinbase. In fact, if you are a beginner I strongly advise you to create a Coinbase account.

One of the best ways to buy bitcoins or ethereum is through the Coinbase platform. That's why I prepared this guide on how to create a Coinbase account with all the steps.

This way we will have our cryptocurrencies in good hands and we will be able to acquire them at the same time when using the credit card or our bank account.

In this article, we will teach you how to create a Coinbase account. To register, we invite you to use the following link with which you can automatically access the main page of said platform:

➜ Direct link : https://coinbase.com/join/28ej

Thanks to this link, thanks to the official coinbase promotion, you can earn an additional €10 on your first amount of €100! Buy one of the existing cryptocurrencies. But before you begin, I suggest you learn how to read cryptographic charts. Let's go!!

🥀 What is Coinbase?

Founded by Brain Armstrong and Fred Ehrsam in 2012, Coinbase has over 1 employees and over $000 billion in revenue in 2021. If you're looking to buy Bitcoin, Ethereum, or other cryptocurrencies, Coinbase makes it easy for you. The exchange has a simple user interface which is ideal for beginners.

Additionally, Coinbase has a dollar cost averaging feature where you can automatically buy cryptos every week. If you are more experienced, you can use Coinbase pro which has lower fees and more features. Coinbase Pro allows you to place market, limit, and stop orders.

To buy cryptocurrencies on the platform, it is necessary to link a bank account or a credit or debit card to your account. The first step will therefore be to register with Coinbase.

The bank account allows higher limits than when using a card. However, this method is slow when it comes to having the money in the Coinbase account, approximately two or four days later (this will also depend on your bank).

With a credit or debit card, the process is immediate. The good thing is that it instantly appears in your Coinbase wallet.

🥀 How to create a Coinbase account?

To create a Coinbase account, you must first download the Coinbase app and verify your email address. Next, verify your phone number, provide your information, upload your ID, and upload proof of address.

Once you have uploaded your ID, you must wait 2 to 3 minutes for it to be examined. After 2-3 minutes, you will know the examination status of your ID.

If you succeed, you will land on the Coinbase homepage, where you can start buying cryptocurrencies. If you fail, you must take the front and back of your identity document. The account creation process also requires you to answer a few questions regarding your income, employment status, and more.

Federal regulations require Coinbase to ask you these questions. This is also known as Know Your Customer (KYC) process.

🥀Steps to create a coinbase account

There are a few simple steps to creating a coinbase account.

Step 1: Go to the coinbase website

By using a referral link, you will get 10 USD worth of Bitcoin for free. To qualify, you must buy or sell US$100 or more within 180 days of opening your account.

The amount can occur in multiple purchases, such as 5 purchases of $20. It doesn't have to be $100 in one purchase. Click here to go to the coinbase website.

Step 2: Create your Coinbase account now

After clicking on the referral link, you will see several fields. This includes first name, last name, email and password. First of all, enter your name in the First Name field.

Secondly, enter your last name in the Last Name field. Thirdly, enter your email address in the Email Address field. Fourth, create a password (minimum 8 characters) and enter it in Password. Finally, accept the terms of use, privacy policy and click “Create account".

Step 3: Verify your email and phone number

After clicking on " Create account », you will arrive on Verify your e-mail. Now a verification link will be sent to your email address. First, check your email for the verification link.

Next, click the verification link to verify your email address with Coinbase. If you did not receive the email, be sure to check your spam and junk folder. You can also resend the email by clicking “ Resend Email ". The email will usually arrive in less than 5 minutes.

Once you have verified your email address, you need to set up two-step verification. This extra layer of security is necessary to create your Coinbase account. Enter your phone number. Then click on “ Continue To go to the next step.

After entering your phone number, you will arrive on the field Enter code authentication. Coinbase will send you an SMS containing a 7-digit code.

Check your SMS and copy the 7-digit code. Then paste it into Code and click " Continue ". If you have not received the code after 5 minutes, click “ Return the code to return the code.

Step 4. Provide your information

Once you have verified your phone number, you will need to select your nationality. Click on citizenship and select your citizenship. If you are a citizen of several countries, you only have to choose one. Click on " Continue To go to the next step.

After selecting your citizenship, you will need to enter your personal information. This includes your legal first name, legal last name and date of birth. First enter your legal name in the field Legal first name.

Second, enter your legal last name in Legal surname. Third, enter your date of birth in Date of Birth. You must be at least 18 years old to create a Coinbase account. If you are under 18, you must wait until you are 18 to create an account.

Click on " Continue » once you have filled in all the fields.

Now you need to enter the civic address of your primary residence. Do not use a PO box or business address. First enter your residential address in the field Residential address.

Next, enter your apartment number and city or town respectively in the fields Apartment number and City or town. Finally, enter your zip code in the field Postcode and click on " Continue To go to the next step.

Step 6: submit your IDs

Once you have answered the questions, you will need to verify your identity. You can verify your identity using three methods. This includes your ID card, driver's license or passport. If you want to use your ID card to verify your identity, select “ID card".

After selecting the ID card, you must take a photo of the front and back of your ID. Make sure your ID is fully framed, with your full name, date of birth and ID number clearly visible.

Please note that your photo ID and actions captured during identity verification may include biometric data.

Step 7: Upload proof of address

After uploading your ID, you must upload proof of address. This is because regulations require Coinbase to collect a second document to verify the address you provided.

Select " Bank statement » to download a bank statement. Be sure to upload a PDF copy of a bank statement in your name that is less than 3 months old.

Step 8: Wait 2-3 minutes

Once you have created your account, secured your account, and verified your identity, Coinbase will review your ID. The exam will take approximately 2-3 minutes. If successful, you will land on the Coinbase homepage, where you can start buying crypto with a debit or credit card.

If you fail, you must take the front and back of your identity document. A failed exam usually means your passport photo is unclear. So take your ID again and make sure the photo is clear.

You have successfully learned how to create a Coinbase account! You can now make deposits to your Coinbase account.

🥀 Conclusion

Once you have created a Coinbase account, you will be able to buy cryptocurrencies. If you are using Coinbase on a desktop computer, you can do this by clicking the “ To buy to sell ».

On the other hand, if you are using the Coinbase mobile app, tap the reverse icon, then tap “ Buy now ". If this is your first time purchasing cryptocurrency on Coinbase, you will need to add your debit or credit card.

The fees on Coinbase are quite high, so if you're looking to buy crypto regularly, you can use Coinbase Pro instead. However, Coinbase Pro does not support certain countries. Therefore, you need to check if your country is supported by Coinbase Pro before using it.

But before leaving you, I suggest you learn how to create a STICPAY account easily.