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Buy Crypto Safely!

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  1. Definitions and Key Concepts
    1 Quiz
  2. Intro to Buying Bitcoin
    1 Quiz
  3. Buy Bitcoin WITHOUT a Bank Account
    2 Chapters
    |
    1 Quiz
  4. Buy Bitcoin WITH a Bank Account
    3 Chapters
    |
    1 Quiz
    1. Setup Coinbase Account
    2. Deposit money into Coinbase Account
    3. Buy Your First Bitcoin on Coinbase

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Buy Crypto Safely! Buy Bitcoin WITH a Bank Account
Lesson 4 of 4
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Buy Bitcoin WITH a Bank Account

Introduction

In this lesson you will learn the basics of how to buy bitcoin from an online exchange. If you’re a beginner, I highly recommend starting with Coinbase. Coinbase is one of the most popular exchanges around the world because it’s very easy to use. They currently support over 100 countries. Check the Resources area below to find out which countries Coinbase supports.

Coinbase

If Coinbase is available in your area, I recommend setting up an account. In some areas Coinbase may only allow users to access the wallets and not the buy/sell trading platform. Even if all you can do is use the wallets, it’s worth setting up an account. Coinbase makes it very easy to send crypto to other Coinbase users anywhere in the world with only their username.  

Since I am in the United States, these instructions will be based on US Dollar (USD) fiat currency.

Resources

Here is a link to a list of all countries supported and what features are available.
https://www.coinbase.com/places

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