Coinbase - Today, we will continue with a reputable, safe and free online Bitcoin, Ethereum, Bitcoin Cash and Litecoin wallet creation service which is Coinbase wallet and how to use coinbase, how to transfer / receive money via coinbase. Please pay attention to it, I will guide you how to create the simplest coinbase wallet and steps to use it.
What is Coinbase?
Coinbase is a cryptocurrency exchange and also provides wallet storage services for various coins such as Bitcoin (BTC) , Ethereum (ETH) , Bitcoin Cash (BCH) and Litecoin (LTC) . However, currently Coinbase does not support purchases for a number of countries including Vietnam, and for wallet service, any user of national notebooks can use Coinbase.
Basically, Coinbase wallets are no different from Blockchain.com wallets , an extremely reputable website that allows bitcoin investors to create wallets to store coins they earn or buy from other suppliers. . Many of you ask me " coinbase wallet is safe ", " coinbase wallet is good ", I can assert that at present, Coinbase and Blockchain are the two best electronic wallet storage services. Coinbase's service is completely free, meaning that you can create wallets, exchange, trade, buy and sell BTC without any fees. So Coinbase is widely used and trusted by bitcoin users.
However, Coinbase 's confirmation of successful transactions will take longer than Blockchain. But this small flaw does not reduce the number of users, it is simply free and has many other advantages that help users to conveniently store and exchange virtual currencies such as: Easy to use, safe, No charge, receive and fast transfer.
Instructions on how to create Bitcoin, Ethereum, LTC wallets on Coinbase
1. Sign up for coinbase.com account
- To register an account on coinbase, you access the following link: https://www.coinbase.com/signup (Usually when accessing Coinbase's default language will be French or something, you drag Go to the bottom of the page to pay attention to the "Language" section then press "English" to make it easy to use.)
- Next, fill in the first information: First Name (Last Name), Last Name (First Name), Email and Password then click on “I agree to the, ..” and select Create Account
After registering, Coinbase system will send a confirmation email, you enter the email to activate the account, it will report something like this, click Verify Email Address is done.
Ok, got it So, the steps to register to create a Bitcoin wallet on coinbase have been completed, quite simple, right, now you will come to how to use Coinbase wallet . You continue to see below
Instructions for using Bitcoin wallet on Coinbase
After confirming, you will see the new interface of Bitcoin wallet on Coinbase as shown below. use a lot more, even the novice can use it.
Here I will explain the most important key features of Coinbase Wallet that you need to know to be able to master coinbase:
- Dashboard : Dashboard for your coinbase wallet
- Buy / Sell : This function is only available for countries like USA or Europe, VN is not supported
- Send / Request : You can use this function to send BTC or ETH to other places
- Account : This is a list of cold storage of BTC, ETH, and BTC accounts
- Setting : A place where you can change your personal information, avatar, password, turn on 2-layer security, etc.
- Tool : Where you create the BTC or ETH address, which is the address to receive money, you can also create multiple addresses, the addresses are the same account so it is very easy to manage.
Coinbase allows you to create about 200 different addresses, which is a pretty good advantage when using a bitcoin wallet on coinbase . To do this, select the human face logo and select Advanced.
Instructions to create a Bitcoin + Ethereum + Litecoin wallet address in Coinbase
First I want you to know that each virtual currency like Bitcoin, Ethereum, Litecoin in Coinbase accounts will have a main wallet and a secondary wallet . For the main wallet, this is the wallet that will automatically change the wallet address every time you receive money. Therefore, after receiving money, you should check your new wallet address before sending it to the sender.
And one more point of note is that the main wallet addresses after each money receipt will automatically be listed in the secondary wallet address list. So have you encountered the case of forgetting to update the new wallet address but still the old wallet address given to the sender? The answer is absolutely okay, the money is still in your account normally
First, I will show you how to get the main coinbase wallet address first. You select tab " Accounts " then select " Get Bitcoin Address " as shown below to create wallets for each type of BTC, ETH and LTC.
How to create multiple Bitcoin, Ethereum, Litecoin secondary wallet addresses in Coinbase
Next to a Coinbase account you can create thousands, millions of extra Bitcoin, Ethereum and Litecoin wallet addresses to receive money, and when someone sends money to that address, they will all into your coinbase wallet account . For secondary wallets, this is a fixed wallet address even after you receive money.
So in the case of small money transactions you can use a fixed secondary wallet address. And one more point of note is that the main wallet addresses after each money receipt will automatically be listed in the secondary wallet address list.
Go to the " Tools " tab then select the " Addresses " tab , select the currency you want to create a secondary wallet and then select " Create New Addess " You will see the secondary wallet address right below, you can use that fixed secondary wallet address to receive money from someone.
Instructions to transfer money from your Coinbase account to others
To transfer Bitcoin, Ethereum or Litecoin to others from your Coinbase account, select the " Send / Request " tab and select the " Send " tab . Enter your wallet address or email address of Coinbase recipient, select the currency you want to transfer money, enter the amount to be transferred, write the money transfer content. And finally choose " Send Funds " to transfer money.
Epilogue
Ok, got it So I has instructed you how to create coinbase wallets to store Bitcoin, Ethereum, Litecoin as well as how to use, transfer / receive money from coinbase, it's not difficult, just follow and follow the step by step guide, you will definitely create a bitcoin wallet on coinbase to use for your own purposes. Good luck
Watch a video tutorial on creating and using Coinbase wallet visually and easily
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