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What is the process of purchasing Ethereum on Coinbase and receiving the token?

avatarIain LynchDec 19, 2021 · 3 years ago1 answers

Can you explain the step-by-step process of purchasing Ethereum on Coinbase and receiving the token? I'm new to cryptocurrency and would like to understand how it works.

What is the process of purchasing Ethereum on Coinbase and receiving the token?

1 answers

  • avatarDec 19, 2021 · 3 years ago
    Buying Ethereum on Coinbase is a breeze! Just follow these steps: 1. Sign up for a Coinbase account and complete the verification process. 2. Add a payment method, such as a bank account or credit card, to your Coinbase account. 3. Head over to the Buy/Sell page and select Ethereum as the cryptocurrency you want to purchase. 4. Enter the amount of Ethereum you want to buy and review the transaction details. 5. Confirm the purchase and wait for the transaction to be processed. 6. Once the purchase is successful, the Ethereum will be deposited into your Coinbase wallet. 7. If you want to receive the Ethereum token, you can either keep it in your Coinbase wallet or transfer it to a personal wallet. Hope this helps! If you have any more questions, feel free to ask.