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What are the steps to deposit money on the Coinbase app?

puellaexmachinaMay 16, 2022 · 3 years ago1 answers

Can you please provide a detailed explanation of the steps required to deposit money on the Coinbase app? I am new to cryptocurrency and would like to understand the process thoroughly.

1 answers

  • May 16, 2022 · 3 years ago
    Certainly! Here's a step-by-step guide to depositing money on the Coinbase app: 1. Open the Coinbase app and log in to your account. 2. Tap on the 'Accounts' tab located at the bottom of the screen. 3. Choose the cryptocurrency you wish to deposit. 4. Tap on the 'Receive' button next to the selected cryptocurrency. 5. A unique wallet address will be displayed for the chosen cryptocurrency. Copy this address. 6. Access your external wallet or exchange account and initiate a transfer using the copied wallet address. 7. Wait for the transaction to be confirmed on the blockchain. 8. Once the transaction is confirmed, the funds will be deposited into your Coinbase account. That's it! You've successfully deposited money on the Coinbase app. If you have any more queries, feel free to ask!