Buying your first bitcoins may seem difficult at first. You will see in this tutorial that it is not more difficult - technically - to buy bitcoin than to buy a book on Amazon.
Of course, there are particularities specific to bitcoin and I advise you to read first to understand how does bitcoin work, For example. Likewise, it will be useful for you to understand what are the different cryptocurrency wallets possible.
You know how bitcoin works in broad terms. Now is the time to open your first bitcoin wallet. We have chosen to explain to you step by step how to create your account on Coinbase. It is indeed the ideal platform for beginners and for getting your first bitcoins.
We will therefore see in this simple article, the tutorial for buying your first bitcoins on Coinbase, specifically.
I prefer to tell you right away that once you understand how to buy bitcoin on Coinbase, then you will be independent in buying it everywhere else. Yes, as in many areas, the important thing is to get started first.
Wait…what is that? Coinbase, exactly?
Coinbase is a company that was founded in 2012 and has since shown its rigor and solidity. Yes, while quite a few companies have been hacked, it can boast of having never been hacked.
Moreover, according to a report from the site Richtopia, Coinbase is among the most influential cryptocurrency companies on the market. It is therefore a cryptocurrency wallet that allows you to buy, exchange, sell and store all your bitcoins.
Many people start with Coinbase. It is one of the oldest companies that allows you to buy cryptocurrencies and this is also what contributes to its notoriety.
Besides, on Coinbase, you can also store other cryptocurrencies (in addition to your bitcoins) such as:
- THEEthereum
- Litecoin
- Bitcoin Cash
- Le BAT (the famous token of Brave browser).
- etc
There are currently 9 cryptocurrencies available on Coinbase. These are the best known and most demanded currencies on the market. In general, especially if you want to know how to buy your first bitcoins, you will be interested in other cryptocurrencies later.
Indeed, after purchasing your first bitcoin, it is quite possible that you will want to buy other cryptocurrencies, such as ether for example.
Yes, if you go and see… We quickly become addicted to cryptos!
It is above all its clean and minimalist design that has made so many users choose Coinbase to store and exchange their cryptocurrencies.
Coinbase is a great place to start. Subsequently, you will need to move to platforms like Binance allowing you to buy more different cryptocurrencies.
How to register on Coinbase to buy your first bitcoins?
Now you can click on this link here which will earn you 10 dollars worth of crypto on your 100€ purchase. This means that if you buy 100 euros worth of bitcoin, litecoin or ethereum, you will have a reduction of $10. It's not Everest but it's already that, right?
Registration is clearly simple and here is an explanatory video. By following the simple steps, you can then have your first bitcoin wallet. By starting with Coinbase, you will have security and speed. You will be able to buy your first bitcoins in a few seconds with your bank card.
Also, remember that there are several types of bitcoin wallets different: online, on key, on mobile etc. (Do not hesitate to read our article which explains the difference between these different wallets)
We figured a video was just as good. No?
Remember that for greater security, you can subsequently opt for a key Ledger.