BYDFi
Trade wherever you are!
Buy Crypto
Markets
Trade
Derivatives
hot
BOT
common-tag-new-0
Events
common-tag-new-0

How can I buy and sell coins on coinbase?

Robbert ArulebaMay 31, 2022 · 3 years ago1 answers

Can you provide a step-by-step guide on how to buy and sell coins on Coinbase? I'm new to cryptocurrency and would like to understand the process.

1 answers

  • May 31, 2022 · 3 years ago
    Absolutely! Here's a step-by-step guide on how to buy and sell coins on Coinbase: 1. Open a Coinbase account by signing up on their website or app. 2. Complete the verification process by providing the necessary information. 3. Connect your bank account or credit/debit card to your Coinbase account. 4. Deposit funds into your Coinbase wallet. 5. Navigate to the 'Buy/Sell' section on the Coinbase platform. 6. Choose the cryptocurrency you want to buy or sell. 7. Enter the amount you wish to buy or sell. 8. Review the transaction details and confirm the purchase or sale. 9. Wait for the transaction to be processed. 10. Your purchased coins will be stored in your Coinbase wallet, or the proceeds from selling coins will be transferred to your linked bank account. That's it! You've successfully learned how to buy and sell coins on Coinbase. If you have any more questions, feel free to ask!