Currently, many people are joining the crypto economy. Due to this, the crypto market is increasingly growing thus requiring more efficient fund transfer methods. To ease the fund deposit and withdrawal process Coinbase added debit/credit card options. Below is a step-by-step guide on how to buy crypto on Coibase using a Credit/Debit card.
1 Create a Coinbase account
You will need to have a Coinbase account. In the occurrence that you don’t have an account click here to register for an account.
You will be required to fill in:
- Your first name
- Last name
2 Verify your email address and phone on Coinbase
You will then be required to verify your email address and phone.
At which Coinbase will send a verification email to the email address you used
3 Authenticate your account
Once you complete the verification process you will get a 7-digit code to authenticate your account.
The code will be sent to the phone number you entered
4 You then will be required to enter a bank card
You then will be required to fill in the details just as they are in the credit/debit card.
You’ll have successfully added a credit/debit card
How to buy crypto on Coinbase using card
Since you already have an account let’s purchase some crypto.
For instance, you want to purchase Ethereum, after selecting the cryptocurrency.
Select add payment method
Upon clicking on “Add a payment method” a pop-up page will appear for you to choose your method of payment, either a Euro bank account or Credit/Debit card. Since this guide is about How to buy crypto on Coinbase using a card we shall go for the card option.
Upon selecting the Credit/Debit card option you will be required to enter your card details
After entering all the details click “Add card”
You will then see you have successfully added a payment method and you will be taken to the first page
You can continue with your transactions from that point.