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Author: Admin | 2025-04-28
Profile picture followed by “Settings”.To add a payment method, tap on “Add a payment method”.After you’ve tapped on “Add a payment method”, you need to select the payment method that you want to add.In countries like Singapore, you can only use a credit or a debit card to buy cryptocurrencies on Coinbase.In this example, we’ll use the “Credit/Debit Card” option.Enter the name on your card, card number, expiration date, CVC, and postal code, and select “Add Card”.4. Buy a cryptocurrencyNow that you’ve added a payment method on Coinbase, you’ll be able to buy cryptocurrencies.In this section, you’ll learn how to buy Bitcoin on Coinbase.Firstly, tap on the reverse icon on the bottom navigation bar.If you’re using Coinbase on a desktop, click on the “Buy/Sell” button on the top navigation bar instead.After you’ve tapped on the reverse icon, a navigation drawer will open.On the navigation drawer, you’ll see multiple options.This includes “Buy”, “Sell”, “Convert”, and others.Tap on “Buy” to buy a cryptocurrency with cash.After you’ve tapped on “Buy”, you’ll land on the “Select asset to buy” page.On the page, you’ll see a list of cryptocurrencies that you can buy on Coinbase.Tap on the cryptocurrency that you want to buy.For example, if you want to buy Bitcoin, tap on “Bitcoin”.After you’ve tapped on “Bitcoin”, you’ll land on the “Buy Bitcoin” page.Firstly, enter the amount of Bitcoin that you want to buy (e.g. $10).Keep in mind that there might be a limit on how much cryptocurrency you can buy.Then, tap on “Preview buy” to see a preview of your order.After you’ve tapped on “Preview buy”, you’ll see a preview of your order.This includes the Bitcoin price, payment method, purchase, fee, and total.Tap on “Buy now” to buy Bitcoin.You can check your portfolio balance by tapping on “Portfolio” on the bottom navigation bar.Selling cryptocurrency on Coinbase is similar to buying, but instead of tapping on “Buy”, you need to tap on “Sell”.You’ve successfully learned how to buy a cryptocurrency on Coinbase!ConclusionAll in all, Coinbase is a great cryptocurrency exchange for beginners.If you’re an experienced user, Coinbase might not be suitable for you as it has high fees and a lack of features.If so, Coinbase Pro or Binance may be a better option for you.Coinbase Pro charges a fee of 0% to 0.50% while Coinbase charges a fee of 1.49% to 3.99%.On the other hand, Binance has a 0.1% fee.Further readingHow to Use BlockFi: A Beginner’s GuideHow to Transfer Crypto from Coinbase to Trust Wallet3 Ways to Contact Coinbase
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