how to purchase crypto on coinbase wallet

To purchase crypto on Coinbase Wallet, create an account, verify your identity, add a payment method, select a crypto asset, enter the purchase amount, review the details, confirm the transaction, and receive your crypto in your Coinbase Wallet account.

Oct 30, 2024 at 09:24 pm

How to Purchase Crypto on Coinbase Wallet

1. Create a Coinbase Wallet Account

• Download the Coinbase Wallet app for iOS or Android.
• Create a new account by providing your email address, password, and phone number.

2. Verify Your Identity

• Coinbase Wallet requires you to verify your identity through a government-issued ID or driver's license.
• Follow the prompts to upload a clear photo of the front and back of your ID.

3. Add a Payment Method

• Tap on the "Add Payment Method" option in the wallet settings.
• Choose from available methods like debit card, credit card, or bank transfer.
• Provide the necessary payment details and follow the on-screen instructions.

4. Choose a Crypto Asset

• Once your payment method is verified, tap on the "Buy" tab in the wallet.
• Browse available crypto assets like Bitcoin, Ethereum, or Litecoin.
• Tap on the asset you wish to purchase.

5. Enter Purchase Amount

• Enter the amount of crypto you want to buy in US dollars or the amount of crypto itself.
• Check the transaction fees and estimated delivery time.

6. Review and Confirm

• Carefully review the purchase details including the total amount, fees, and estimated delivery time.
• Tap on the "Confirm" button to finalize the transaction.

7. Receive Your Crypto

• Your purchased crypto will be delivered to your Coinbase Wallet account.
• You can view it in the "Portfolio" section of the app.