Assets, Bitcoin

How Long Does It Take to Buy Bitcoin on Coinbase?

Assuming you already have a Coinbase account, it takes about 5 minutes to buy your first Bitcoin. Here’s a step-by-step guide:

1. Navigate to the Buy/Sell page.

Select Bitcoin from the list of currencies, then enter the amount you want to buy.

NOTE: Please be aware that buying bitcoin on Coinbase is a complex process and can take a long time. You should not attempt to purchase bitcoin unless you understand the process and have researched the associated risks. Coinbase requires you to complete various steps prior to buying bitcoin, such as verifying your identity, setting up two-factor authentication, and connecting a payment method. You should also be aware that Coinbase may limit or suspend your account if it suspects suspicious activity. Furthermore, you should be aware of the fees associated with purchasing bitcoin on Coinbase, as they may vary depending on the payment method used. Finally, please note that there is always a risk of losing money when buying or investing in cryptocurrencies.

2. Enter your payment method.

You can choose between bank transfer or credit/debit card.

3. Review the transaction details and click Buy Bitcoin.

4. Congratulations! You’ve now purchased your first Bitcoin on Coinbase.

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