If you’re looking to invest in altcoins, you may be wondering if you can buy them on Coinbase. Unfortunately, the answer is no.
Coinbase does not currently support the purchase of altcoins. However, there are a few workarounds that you can use to get your hands on some altcoins.
The first option is to use a service like Changelly or Shapeshift. These services allow you to convert your fiat currency into Bitcoin, and then use that Bitcoin to purchase altcoins on an exchange like Binance or Kucoin.
NOTE: WARNING: Coinbase does not currently offer the ability to buy altcoins. While Coinbase may add support for additional coins in the future, there is no guarantee that any particular coin will be available on Coinbase. Furthermore, users should exercise caution when buying altcoins from any third-party exchange or broker, as these platforms may be subject to fraud or other security risks.
The second option is to use a service like Bitpanda or CEX.io.
These services allow you to purchase Bitcoin with your fiat currency, and then withdraw the Bitcoin to an exchange like Binance or Kucoin where you can trade it for altcoins.
Either of these options will require you to do a bit of research to find the best rates and the most reputable services, but they are both viable ways to get your hands on some altcoins if Coinbase doesn’t support the ones you’re looking for.
So there you have it! Even though Coinbase doesn’t support the direct purchase of altcoins, there are still ways to get them using Coinbase as a starting point. Just be sure to do your research and only use reputable services to avoid getting scammed.
10 Related Question Answers Found
As of now, you cannot buy altcoins on Coinbase. However, there are a few ways around this. If you have Bitcoin or Ethereum, you can use a site like Binance to convert your cryptocurrency into an altcoin.
If you’re looking to invest in altcoins, there are a few things you should know. First, you’ll need to create an account on a cryptocurrency exchange like Coinbase. From there, you can link your bank account or credit card and start buying altcoins.
Audius is a new music streaming protocol that allows artists to directly connect with their fans and get paid for their work. The project is still in its early stages, but the team has already built a working product and has secured partnerships with some of the biggest names in the music industry, including Warner Music Group. Coinbase, one of the leading cryptocurrency exchanges, has not yet listed Audius.
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