How to Add a Payment Method in Coinbase
Adding a payment method to your Coinbase account is essential for buying, selling, or transferring cryptocurrencies directly through the platform. Coinbase supports various funding options, including bank accounts, debit cards, PayPal (in select regions), and even Coinbase gift cards. This video explains how to add a new payment method using the Coinbase mobile app.
Start by launching the Coinbase app and signing in with your account credentials. Once you’re on the home screen, tap the three-line menu icon in the top-left corner to access the main navigation. From there, select "Account and Settings" to proceed to your account management section.
Inside the settings menu, look for the "Payment Method" option. Tap on it, and then select “Add Payment Method.” This will bring up a list of available payment options, which may vary depending on your country and account verification status. Common methods include linking a bank account (for ACH or SEPA transfers), adding a debit card (for instant purchases), or connecting a PayPal account (for buying or withdrawing, in supported countries).
If you choose to link a bank account, you’ll be prompted to enter your banking credentials or routing and account numbers, depending on your region. If you opt for a debit card, you’ll need to provide your card number, expiration date, and CVV code. For PayPal, you’ll be redirected to log into your PayPal account and authorize the connection. Coinbase will typically verify the method instantly, although in some cases, small test transactions might be used for manual confirmation.
Gift card holders can also select the “Gift Card” option to redeem a Coinbase-issued gift card by entering the code and PIN provided.
Timestamps:
0:00 Introduction
0:08 Opening the Coinbase app
0:13 Accessing account settings
0:27 Selecting and adding a payment method
0:49 Entering details and completing setup
1:04 Conclusion
Hashtags:
\#Coinbase #CryptoPayments #AddPaymentMethod #CoinbaseTutorial #CryptoBuying #CoinbaseHelp
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