How To Deposit Money in Coinbase Using Debit Card (Easy)
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Feb 4, 2024
How To Deposit Money in Coinbase Using Debit Card (Easy)
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How to deposit money in Coinbase using your debit card
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Hey guys, welcome to this new video. In today's tutorial I'm going to show you how we can
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buy some assets, buy some tokens in Coinbase using our bank account. So first of all as you can see
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I'm already into Coinbase and I'm using my phone because I'm not pretty sure if this happens to you
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guys but Coinbase is not available for purchasing tokens inside the desktop application so I'm
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using my phone because it's a little bit more easier. Not a problem because it's the same method
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So first of all you have to create a Coinbase account so if you're going to sign in or
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going to sign up it would be just easy to provide an email, provide a basic information and you're
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good to go. So once you are in here you want to go into home and you're going to see that there
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are five options available. Now what I'm going to show you is the only way that we can buy
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tokens, cryptos here in Coinbase but actually it's like a pro and a con for this method
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So what you guys want to do is to select the one that says buy and then we want to select the asset
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that we want to buy. In this case let's select Bitcoin because it's like the most popular token
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at the moment. So after we select Bitcoin this is one of the amazing pros of buying your assets or
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cryptos inside Coinbase. So there are a lot of assets, there are a lot of wallets and exchanges
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that tells you that you need to make a minimum purchase in order to continue but if you select
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the one-time purchase and you go into payment method the only payment method that we can use
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is a credit or a debit card but if you select your debit card after you add it you can choose
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the amount that you want. So if you want to buy just one dollar of a Bitcoin it will allow you
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to buy it actually. So if I select 10 like half a dollar that would be like two quarter coins
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I go into preview buy and this one will take a very low Coinbase fee but that would be like 2.99
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so I go into buy now and there you go guys it wasn't really that hard and the amazing part
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is that we don't have a minimum required to buy any crypto that you want. Let's go into Don and
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go into our assets you can see that my Bitcoin is now available in my account. So as you can see the
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only issue with this app is that you need a credit or debit card in order to make any kind of purchase
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Obviously you can receive tokens from another wallet but speaking about purchasing tokens
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from your bank account it must be with a debit or credit card. So there you have it guys it wasn't
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that hard. Don't forget to like and subscribe to this channel if you want to see more about
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the Coinbase app. Thank you for watching the video and I'll be seeing you guys on the next one
#Banking
#Credit Cards
#Debit & Checking Services
#Investing
#Mobile Payments & Digital Wallets