Getting Started With Coinbase
Create an account by downloading Coinbase or using the web platform. Verify your identity securely with photo ID and proofs of residence in compliance with regulation.
Set up payment methods securely including bank accounts or debit cards to enable purchases and withdrawals.
Buy & Sell Cryptocurrency
How to Buy
- Select "Buy" after logging in, and choose your preferred payment method.
- Pick from hundreds of supported cryptocurrencies including Bitcoin, Ethereum, and stablecoins.
- Enter amounts in your local currency; payouts are calculated automatically.
- Review fees and confirmations in the purchase preview screen before submission.
How to Sell
- Go to "Sell," choose crypto assets from your wallet.
- Enter amount, select the payout method (bank, PayPal, etc.).
- Confirm the sale and monitor status through your dashboard.
- Be mindful of withdrawal limits and hold periods impacting accessibility.
Account Security Best Practices
- Enable Two-Factor Authentication using authenticator apps rather than SMS where possible for better safety.
- Create strong, unique passwords and change them periodically.
- Monitor active sessions and log out of devices when not in use.
- Avoid phishing scams by only using official Coinbase URLs and emails.
- Use biometric logins available on mobile devices for added convenience and security.
Troubleshooting Common Issues
- If you forget your password, use the password reset feature with your registered email.
- For 2FA problems, check time synchronization on your authentication app or use backup codes.
- Account lockouts require contacting Coinbase support directly via verified contacts.
- Keep software updated and use reputable antivirus tools to minimize issues.
Frequently Asked Questions
- Q: Is Coinbase login secure?
A: Coinbase uses industry standards including strong encryption and mandatory 2FA to ensure security. - Q: Can I login with biometrics?
A: Yes, biometric login is supported via the mobile app’s Face ID or Touch ID. - Q: What if I lose access to 2FA?
A: Use backup codes or recovery keys stored during setup. - Q: Are my funds insured?
A: Cash balances are FDIC insured, and digital assets have additional institutional protections.