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Coinbase for beginners

What is Coinbase?

Founded in June 2012, Coinbase is an American platform for buying and selling crypto-currencies. Users can easily send or receive crypto-currencies on their choice of a website or mobile app.

Known for its robustness, Coinbase's ecosystem offers everything you need to invest in crypto-currencies.

Coinbase takes care of asset management and security for users.

In our case, it's a perfect tool to start your investing day and be able to transfer cryptocurrencies easily.

The registration to Coinbase is very simple and takes on average between 5 and 10 min.
You can follow the presented images to guide you through this tutorial, if you have trouble following the registration send us a message on Telegram by clicking here .

Prepare an identity document (ID card, driver's license, passport).

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Click on the registration link above.

Once on this page, fill in the fields.

  • Your First Name
  • Your Last Name
  • Your Email
  • Your Password

Check the box, then click on "Create an account".

Click on "Following".

Click on "I accept" to accept the RGPD rules.

Here, click "Yes" if you want to subscribe to their newsletter or "No" otherwise.

Select your country and enter your phone number.

You will receive a code by sms. Confirm your phone number.

Fill in your citizenship.

Then fill in the form.

  • Your First Name
  • Your Last Name
  • Your Date of Birth
  • Your full Address
  • Why will you use Coinbase
  • What is your source of income
  • Your professional status

Click on "To continue".

Fill in another form with the information:

  • How much cryptocurrency do you plan to trade per year?
  • What is your activity sector?

Then click on "TP submit".

Now you must provide your identity documents. You have three options.

  • With your passport
  • With your driver's license
  • With your identity card

In this tutorial, we have chosen the identity card.

You can provide your documents in three different ways. The easiest way, if you don't have a digital photocopy of your document, is to click on "Mobile camera" and follow the instructions to take a picture of your document. If you have a digital copy of your document, click on "File Download" to provide your document from your computer.

Here, you just have to drag and drop your two documents each in its own area. The first area for the front of your document and the second for the back of your document.

Then click "To download".

Your document is being verified. This step should take about 2 to 3 minutes.

Once you have verified your identity, you will arrive on this page.

Last step of your registration, add your credit card.

Congratulations! Now you have a Coinbase account. Scroll down this page to find out how to deposit funds.

The next step is to deposit funds on the Coinbase platform.

There are two ways to deposit:

  • By credit card
  • By bank transfer

1. Deposit by bank transfer

First, click on your logo in the upper right corner and click on "Settings".

This will take you to your account's login page.

Then open the "Payment methods" tab.

Then click on the "Add a payment method" button.

Here you can select "Paypal" which is only a withdrawal option and not a deposit option, then "Euro bank account" which is the option we are interested in and also "Bank card" which is the deposit by bank card.

So select the "Euro bank account" option.

On this page, you must add the name of your bank in the "Name of the bank" field, then your IBAN in the "IBAN" field, then the BIC in the "BIC" field and then click on "Verify your account".

You will arrive on this page which explains that you will have to make a transfer of a small amount from your bank account (the one you just added) to Coinbase so that you can deposit and withdraw with your bank account.

Here you have the bank information of Coinbase.

Now you have to make a small transfer to Coinbase.

The processing time is 1 to 3 working days. You will receive an email when you can deposit or withdraw directly with your bank account.

2. Deposit by credit card

On the home page, click on the "Buy Sell" button on the top right.

On this new page, stay on the "To buy" tab. Select "One-time purchase" and click on "Custom".

Then write down the amount of your deposit.

Select the cryptocurrency of your choice in "to buy", here in our example we take "Tether" which is USDT.

Select your credit card previously registered in your registration and click on "Preview Buy".

Check your amount and validate your deposit by clicking on "Buy now".

Your credit card deposit is now complete.