Start with coinbase
We know that all of this talk about cryptocurrency can be intimidating. That’s why we’re here to help you through it and show you just how easy it can be to start investing in this revolutionary technology!
Coinbase GDAX is a U.S. based digital currency exchange where you can buy and sell Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. Coinbase allows users to:
- Directly purchase Bitcoin and other cryptocurrencies with a debit/credit card.
- Easily transfer coins between wallets, exchanges, and more.
- Feel safe with FDIC insured accounts of up to $250,000.
STEP 1: SIGN UP FOR COINBASE
The first step is to sign up for a Coinbase account. This will provide you with both a secure place to store your bitcoin and an easy way to convert other local currencies into crypto. If you sign up using this link, you will get a free $10 after depositing your first $100.
STEP 2: Add a payment method
Here you can choose to deposit funds from a debit/credit card, wire transfer, or by directly linking a bank account. You'll need to show some form of personal identification (Passport, Driver's License, Photo ID) before selecting a payment method.
STEP 3: BUy or sell
First, select the coin that you wish to buy or sell (Bitcoin, Bitcoin Cash, Ethereum, or Litecoin). Next, pick your payment method and enter the amount that you wish to buy. Once complete, you'll have both a Coinbase account and your very own cryptocurrency!