[Tutorial] Purchasing Ethereum (ETH) at Coinbase
Beginning with Bitcoin, cryptocurrency has unquestionably become one of the most popular investments that catches all attention. Purchasing cryptocurrency is actually similar to purchasing stocks with traditional payment methods. And this tutorial will demonstrate a step by step guide for purchasing Ethereum (ETH) on coinbase, a digital assets exchange based in the US.
In USA, Coinbase is a popular and widely trusted exchange that supports the purchasing of cryptocurrency with fiat currency. Supported cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). It is available in 33 countries at present, but not all of them are allowed to buy and sell. Visit the official website for more information.
This is a step by step tutorial from account registration to purchasing ETH. If you already have an account, go ahead and begin with STEP 15.
STEP 1. Account registration: Sign-up via https://www.coinbase.com/
STEP 2. Account verification with registered email
STEP 3. Account activation
STEP 4. Account setting
STEP 5. Phone number verification
STEP 6. Select payment method
STEP 7: Identity verification
STEP 8: Select the preferred method of uploading identification documents
STEP 9: Upload your identification documents
Once your documents are uploaded, you will be directed to the following upload page.
STEP 10: Identity approved
STEP 11: Preferred payment details
STEP 12: Chrages verification
Two charges will be made to the bank account under “Pending Transactions”. You are required to determine the last two digits of these charges.
STEP 13: Verify your bank statement
STEP 14: Charges verification
STEP 15: Start buying and selling crypto currency
Now you are all set!
STEP 16: Sign in to Coinbase
STEP 17: Start buying your choice of cryptocurrency
STEP 18: Select Ethereum and enter the desired amount to purchase
The right column reflects the quantity of ETH you can get for the stated amount of local currency. A transaction summary included surcharge, is also reflected at the bottom. (Note: A flat fee of $0.99 will be charged per transaction)
STEP 19: Verify your purchase
STEP 20. Transaction confirmation
Once the transaction are completed, you will be redirected back to the dashboard. Your new balance should be reflected under “Your Portfolio”.
STEP 21. Buy Ethereum Domain Name at Portal Network Marketplace
With some ETH in your Coinbase account, you can now proceed on buying domain names at Portal Network Marketplace. Try our Beta marketplace!
Thank you for reading.
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