Coinbase Beginners Guide

Coinbase is one of the most beginner friendly exchanges available at the moment. This beginners step by step guide will show you how to use Coinbase. Below is a full list of what is included in this Coinbase beginners guide.

Coinbase Guide Lessons

How to signup to Coinbase
How to get verified on Coinbase
How to buy/sell on Coinbase
How to deposit/withdraw on Coinbase
How to trade on Coinbase

Coinbase Minimum Trade Order
Coinbase trading fees
Coinbase withdraw fees
Coinbase referral program
Coinbase earn program

How To Signup To Coinbase

Click here to signup to Coinbase. You will need to fill out the form with first name, last name, email address, and password as seen in the image below. Make sure you write down your password for backup. If you’re like me signed up to one too many sites with different passwords then you will need that backup someday.

how to signup to coinbase
How To Get Verified On Coinbase

Once you have signed up for a Coinbase account. To get verified all you need to do is add your phone number, address, proof of identity (license or passport), and add your payment method. Its that easy to do.

How To Buy & Sell Cryptocurrency On Coinbase

Once your bank account has been linked to your Coinbase account. Buying bitcoin and other cryptocurrencies is simple. You can buy crypto from Coinbase or use their crypto exchange called Coinbase Pro. There are benefits to selling your crypto on Coinbase Pro over just using Coinbase.

If you use Coinbase to sell your crypto for USD. You are charged a $1 fee. For example, if you’re selling $100 worth of cryptocurrency that’s 1% of your money. However, if you sell your crypto on Coinbase Pro the fee is only 0.15% of you’re a market maker, 0.25% if you’re a market taker. The trading fee gets better with your monthly trading volume. For this example, lets say you market sell which is the same thing as selling your crypto in your Coinbase account. Your fee is only $0.25 vs $1. There are no fees to withdraw to your bank account.

How to deposit/withdraw on Coinbase

You have a few options to deposit money into Coinbase; Debit card, bank account, and wire transfer. To withdraw money from Coinbase, you have the same options but you one more option and that is paypal.

How to trade on Coinbase

If you plan on being an active trader, you will want to use your Coinbase login information to log into Coinbase Pro. This is where you will do all your trading. If your fiat or crypto is sitting in your Coinbase account, you can easily move it over to Coinbase Pro within seconds.

Coinbase Minimum Trade Order

I have not seen any information on a minimum amount for a trade. So I will say that Coinbase is small trader friendly unlike some other crypto exchanges I personally use.

Coinbase Pro Trading Fees

Coinbase Pro is where you will be doing your active trading. For market makers the fees start at 0.15% per trade and drop to 0%. For market takers the fees start at 0.25% per trade and drop to 0.05%. Below you will see a breakdown of the trading fees based on your last 30 days of trading volume.

Coinbase Pro Fees

Coinbase Referral Program vs Affiliate Program

Coinbase referral program is very straightforward. When you invite someone and they buy or sell $100 or more worth of crypto. You will get $10, they will get $10. If you plan on signing up to Coinbase and would like to support this website. Click here to signup to Coinbase. Coinbase affiliate program, when you invite someone to coinbase. You will earn 30% of all the fees they pay in the first 3 months.

Coinbase Earn Program

Coinbase is educating it’s users about crypto while giving out $66 worth of crypto. Below is a breakdown of how much USD worth of crypto you will earn by going through the lessons.

  • Stellar Lumens (XLM): $50
  • Basic Attention Token (BAT): $10
  • Zcash (ZEC): $3
  • 0x (ZRX): $3