CoinBase Exchange - Make Money with CoinBase - Making Money with CoinBase Exchange - How to Buy and Sell Crypto Currencies with CoinBase Exchange - 247Broadstreet.com

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Quick Coinbase Tutorial - How to Buy, Sell, Send, Receive and Withdraw Crypto Currencies on CoinBase Step by Step

 

STAGE 1

 

 New User: Click Here to Create a free Coinbase Account and Verification

 

 

Already have a Coinbase account - Proceed to STAGE 2

 

STAGE 2: – TO TRANSFER MONEY FROM YOUR BANK TO COINBASE ACCOUNT

 

TO ADD YOUR BANK DETAILS

 

·       Go to Coinbase Homepage

·       Click on buy sell button at the top of the page

·       Buy will be highlighted

·       Click on add payment and follow the wizard to complete the addition of your bank details.

 

 

 

 

STAGE 3: – BUYING CRYPTO CURRENCIES

 

·       Go to Coinbase Homepage

·       Click on buy / sell button at the top of the page.

·       Ensure buy is highlighted

·       Enter the amount to buy

·       Select the desired crypto by clicking on the arrow on the right, next to buy

·       Pay with - This should show your verified bank account entered in stage 2 or click on the arrow to select your bank.

·       Click on buy - The blue box at the bottom of the page.

   

 

 

STAGE 4:

 

TO SELL CRYPTO CURRENCIES ON COINBASE

 

·       Go to Coinbase Homepage

·       Click on buy / sell button at the top of the page.

·       Ensure sell is highlighted.

·       Enter the amount to sell

·       Sell - Select the desired cryptocurrency to be sold by clicking on the arrow on the right.

·       Deposit To – Ensure you select your local currency wallet by clicking on the arrow on the right.

·       Click on sell – the blue box.

   

 

 

 

STAGE 5:

 

SEND AND RECEIVE CRYPTO CURRENCIES

 

TO SEND CRYPTO CURRENCIES TO ANOTHER COINBASE ACCOUNT OR OTHER PLATFORMS

 

·       Go to CoinBase Homepage

·       Click on the send / receive button at the top of the page.

·       Ensure send is highlighted

·       Enter the amount

·       To – Select your desired option from To Box (Mobile, email or wallet address)

·       Choose wallet address if you are sending from Coinbase to another platform, and enter the recipient’s wallet address specific to the Cryptos being sent. An example of a Bitcoin - BTC Deposit Address is:

 

    1BorPM8VanSsTgd9ggMwRUBJCjKM2qDg7C

 

 

An example of a Dogecoin - DOGE Deposit Address is:

 

D8NxGzrNbe3wgumjbC5VqwK69JS4Uw6NQy

 

·       Choose mobile or email if you are sending to another Coinbase account and enter the recipient’s mobile number or email.

·       You can enter a little note which is optional

·       Pay with -  Select the Cryptos to be sent

·       Click on continue and follow the wizard to complete sent action.

 

 

 

STAGE 6:

 

TO RECEIVE CRYPTO CURRENCIES FROM ANOTHER COINBASE ACCOUNT

 

·       Go to CoinBase Homepage

·       Click on the send / receive button at the top of the page.

·       Click on receive

·       A QR code will be displayed, but this is optional, as you can also use the specific cryptos address that is being received.  

 

·       Follow the step below, should you decide to use the QR code.

·       Open the camera on your phone

·       Hold it over the QR code that is displayed on your computer screen.

·       A link will pop up on your phone

·       Click on the link and complete.

·       Follow the steps below, should you decide to use the cryptos address, instead of the QR code.

·       Address -  Copy the crypto address displayed in the address box

·       Asset - Click on the arrow to select the crypto you want to receive. If it is not displayed in the asset box.

·       Send the copied crypto address to the person sending the cryptocurrency.

 

 

STAGE 7:

 

TO CHECK PRICES OF CRYPTOS on CoinBase

 

Go to CoinBase Homepage

Click on prices

 

 

STAGE 8:

 

TO SEE ALL YOUR CRYPTOS on CoinBase:

 

·       Go to CoinBase homepage

·       Click on portfolio

 

 STAGE 9:

TO CHECK THE MOVEMENT OF YOUR CRYPTOS: when it was purchased, how much and quantity on CoinBase:

 

For example The graph

 

·       Go to CoinBase Homepage

·       Click on portfolio

·       Click on the crypto, for example – The Graph to see when it was purchased, how much and quantity

·       The following will be displayed:

·       Balance – (This is the current quantity and current amount of the crypto in monetary terms, for example – The graph)

·       The next row will display the date it was bought, the quantity and the amount.

·       For example, you bought The Graph on 01/04/21 and the quantity was 44.40. You spent $88

·       You will need to compare the current amount in the balance area, with the amount spent at the time of purchase, to determine loss or gain.

 

Crypto currency Investors Risk

All investments have risks and digital currency is no exception.

·       The exchange / platform / website holding your digital currencies or Cryptos could disappear or shut down, resulting in the loss of all your Cryptos. An example of such an exchange is MTGOX.

Written by Sarah Uwajeh for 247broadstreet.com  

 

 

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