Withdrawing funds from your bank account or making your first Coinbase purchase might be a nerve-wracking experience and the buying procedure takes only a few minutes and is thankfully quite simple. If you want to buy an account, you’ll have to go through a rigorous verification process that includes providing sensitive information like your address, ID, and even phone number.
Keeping track of everything is a tall order, which is why we’re here to assist you. How it works, how much it costs, the advantages and downsides of each approach, and which way is ideal for you are all covered in this essay on how to Buy verified account with complete verification.
How to Buy Coinbase Accounts with Full Verification
With this strategy, you can buy a verified account on Coinbase with the least amount of hassle and if you have $200 in cash or a bank account, you can buy a fully verified account. After that, you can fund your Coinbase account with a bank transfer straight from your regular bank account. Account verification is accomplished when an ID and a selfie of the ID are uploaded to the account page. After you submit your ID, it will be reviewed within a few hours and you will receive a confirmation email. You can now fund your trading account and get started.
A fully verified account comes with a few drawbacks that you should be aware of before making the purchase. First of all, you’ll need $200 to open the account. In addition, this option is restricted to making account purchases on Coinbase and does not permit the withdrawal of cash. Withdrawing monies from Coinbase requires transferring money from your bank account into your confirmed Coinbase account.
Buying Coinbase Accounts Without Verification
Buying a Coinbase account that does not require full verification is a quick and affordable way to get your hands on some cryptocurrencies. Simply purchase an account without verification and then fund it with cash and you can withdraw funds without verification by transferring them to your bank account or selling cryptocurrency.
Coinbase offers three types of accounts: Basic, Standard, and Advanced. The Basic and Standard accounts are based on your location and require no ID verification. The Advanced account requires a photo ID verification. If you are buying a basic account, you will not be asked to provide any personal information at all. However, a standard account requires linking your bank account and uploading a photo ID. If you are buying an advanced account, you will be asked to provide proof of address, government identification, and sometimes even a utility bill.
Buying Coinbase Accounts with Bank Account
If you would like to have the ability to trade cryptocurrency with an account but don’t want to go through the hassle of verifying your identity, then buying a Coinbase account with a bank account is the way to go. All you need to do is deposit funds from your bank account to your Coinbase account with a bank transfer.
The process of buying a Coinbase account with a bank account is similar to buying an account with full verification. First, you need to fund your account with $200 from a bank account. Then, you can transfer the funds from your bank account to your Coinbase account using a bank transfer. Once you initiate the transfer, Coinbase will hold the funds for up to one week. You can then withdraw the funds from your Coinbase account.
