No more conventional money is required. After reading this post you are going to realize the importance of Bitcoin. Bitcoin is growing rapidly and influencing the currencies across the Globe. Bitcoin is different from our conventional currency. You can use bitcoin to purchase every thing that you purchase using paper money. It is electronic currencies which overtakes dollar as well. Economist assume that by 2018, bitcoin will replace dollar. The main benefit of Bitcoin is that it is not controlled by any institute so bank cannot monitor the bitcoin currency and cannot influence the flow.
Today’s bitcoin price is 819.04 USD which we are expecting to be increased 2000 USD by 2018. If you like investing then this is right time for you to invent in bitcoin, you can earn good amount of profit from it.
Top 5 Investors who invested in bitcoin:
- Marc Andreessen – Co-founder of Andreessen Horowitz (along with Ben Horowitz)
- Barry Silbert – Chief Executive Officer (CEO) and founder of Digital Currency Group
- Blythe Masters – Former managing director at J.P. Morgan Chase & Co
- David Rutter – Founder and CEO of R3
- Adam Back – Co-founder and president of Blockstream
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If you are interested in bitcoin and paying attention then you might have noticed a great innovation happening day by day in world of bitcoin. Many online store are accepting this cryptocurrency as preferred currency. Today in this post i will show you how to buy bitcoin from Coinbase, Coinbase is one of the best website to buy and sell bitcoin.
Beginners Guide to Buy Bitcoin Using Coinbase
Coinbase is popular website to buy and sell bitcoin, Coinbase help you Buying some bitcoin and ethereum to begin using the future of money. It support 33 countries and has served more then 5.3 million customers. Till now coinbase has $5.0 digital currency exchanged.
Apart from that coinbase have a lot of more features but will talk about this in details in our review post on coinbase. but for now we can say this is one of the largest bitcoin service provider and community.
Let’s start our guide, i will show you full steps to purchase your first bitcoin from coinbase. With below given link you can sign up and can get earn $10 of free bitcoin.
- Click here Coinbase and Sign Up for your free coinbase Account
- Now in second step you need to verify your email address by sign up and filling all the details. Coinbase will send you an verification email and guide to do further steps. You have to verify your account by clicking on verification link send to your inbox after completing all the step now you will see coinbase dashboard like given in below screenshot.
- Before starting our transactions we should complete our profile, it will be done within 2 to 3 minutes. Goto profile at top right corner then account setting as given below
- Before updating your profile you should set 2 factor authentication it will increases security of your account (Recommended)
- Now under coinbase page option, You can set your custom URL which will shown publically. You can see in below given screenshot.
- This is how people will view your profile publically as here is my profile below
This page URL can help you getting bitcoin directly from USD money which will automatically converted to bitcoin by this method you can increase your bitcoin portfolio.
Now follow these simple steps to buy your first bitcoin:
- Now from the sidebar click on Buy/Sell.
- Verification is required for selling and buying through coinbase, all you need to do is just upload your scanned ID proof or do it directly from laptop or web camera. You need to verify any goverment proof like driving license, Passport or any valid proof by goverment.
Verify and follow steps given there.
After all the verifications are done then you will be allowed to buy and sell bitcoin. Don’t worry about steps head they are pretty easy and simple this can be done easily without any guide. All you need to do is just start and follow above steps to start buy and sell bitcoin.
Below is 33 countries supported when this post was updated
If you are in United states (USA), Europe, UK, Singapore then you need to buy from credit card and singapore peoples can purchase through Xfers.
Purchase your first Bitcoin using Coinbase click on link and start from today.
Don’t hasitate to conact us if you are facing any problem while doing this process and if have any query feel free to ask.
Hope so purchasing your first bitcoin is easy now.
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