How to Buy Bitcoin / Ethereum Online Cash Stock on Coinbase

Looking at the success and growth rate of Bitcoin, many people want to invest their money in Bitcoin. If you don’t know what is Bitcoin, then let me explain you that first.

Bitcoin is a cryptocurrency which got the fastest growth and success in the market. It is used as the decentralized digital currency all over the world.

It was invented by a group of people under the name Satoshi Nakamoto and it was released in the year 2009 as an open source software.
How to buy Bitcoins

In my earlier post I have written about how to delete Gmail account permanently. In this post I will show you how to buy Bitcoins/ Ethereum online cash stock on Coinbase with Debit/Credit Card, Bank account or Paypal through your iPhone or Android phone.
But before that let me tell you that the contents of this blog are updated frequently. So don’t forget to subscribe to my email list to get useful tips of this blog in your Email.

How to buy Bitcoin/Ethereum?

Follow the steps given below to buy Bitcoin / Ethereum from your Android phone or your iPhone:-

1. Download and Install Coinbase App:-

First you have to download and install Coinbase app on your smart phone. It is one of the most popular platform and a secure place to store your Bitcoins.

Coinbase is available for Android as well as iPhone users. Android users can download it from Google Play Store. iPhone or other iOS device users can download it from Apple iTunes Store.

Once you have installed Coinbase app on your phone, then you need to sign up for a Coinbase account.

2. Sign up for a Coinbase account:-

Launch Coinbase app on your phone and tap on Sign Up. Then enter your Email, First Name, Last Name and Password for your Coinbase account and tap on Sign up again. You will have to agree their terms and conditions and enter the State you live in.

Alternatively if you want, you can Sign up at Coinbase from their official website also as shown below.

3. Add a Payment Method (Bank Account, Debit/Credit Card):-

Once you are done with account sign up you have to a add a payment method to your Coinbase account. Follow the steps given below in order to add a payment method.

Adding Bank account: To add bank account to your Coinbase account, tap on the Buy button at the bottom. You will get an option to link your bank account. It takes almost 4 to 7 days to link a bank account with your Coinbase account. You get higher buying limits by linking a bank account for Bitcoin trading.

Adding Debit / Credit Card: On the other hand if you like to link a debit card or a credit card, it will only allow you to do purchase transactions of $150 per week for Bitcoin trading. So linking a bank account would be much better than a debit card or a credit card as we get higher limits in that.

Paypal Support: At the time of writing this article, Coinbase only supports selling through Paypal. They didn't provide Paypal as a payment method for buying Bitcoin cash stocks online. So you have to rely on the above two methods only for buying Bitcoins.

4. You are ready to buy Bitcoins now:-

Once you are done adding a payment method to your Bitcoin account, you are ready to buy Bitcoins now. Now you will get a screen which will show your account details. 

Simply enter how much USD worth Bitcoins you wanted to buy. You will be charged a nominal fees by Coinbase for this and tap on the Buy Bitcoin button.

How to buy Bitcoins / Ethereum

The amount will be deducted from your payment method and you will get Bitcoins based on the current market rate.

How to buy Ethereum?

Now as you have gone through the process on how to buy Bitcoins online cash stock on Coinbase. Same way you can buy Ethereum also. Ethereum is also a Cryptocurrency like Bitcoin. But compare to Bitcoin, the market rate of Ethereum is still lower.

The only difference is that when you want to buy Bitcoins, make sure that you are on BTC tab and when you want to buy Ethereum make sure that you are on ETH tab as shown above in the image.

Rest all process of payment method is same. You will get Ethereum based on current market rates.

Current Price of Bitcoin and Ethereum

At the time of writing this post, the current prices of Bitcoin and Ethereum are as follows:-
Bitcoin Price - $8749.50 per Bitcoin

Ethereum Price - $187.99 per Ethereum

Check current price of Bitcoin here and Ethereum here.

Wrap Up on How to buy Bitcoin/Ethereum:

So here I have simply explained how to buy/purchase Bitcoins or Ethereum online cash stock on Coinbase. Do let me know through comments how this post has helped you.

Don't forget to subscribe to my email list to get useful tips of this blog in your Email. If this post helps you, do give us a G+ and a Facebook like below.

You can also share this post with your friends from the social network buttons given below.

No comments:

Comment Moderation Policy:
All comments on this website are strictly moderated. Comments with non relevant links to external websites are considered as Spam and deleted immediately.

However we do recommend good comments and love to publish it on our website.

Powered by Blogger.