Cryptocurrency has become one of the most accessible digital asset classes for beginners and experienced investors alike. With platforms like Coinbase, buying, selling, and managing crypto has never been easier. In this comprehensive guide, we’ll walk you through how to buy crypto on the Coinbase app, how to sell and convert digital assets, and how to use the powerful Advanced Trade feature—formerly known as Coinbase Pro.
Whether you're new to crypto or looking to refine your skills, this step-by-step tutorial ensures a smooth and secure experience using one of the world’s most trusted exchanges.
Getting Started With Coinbase
Before you can buy or trade cryptocurrency, you need to set up a Coinbase account. The process is simple:
- Download the Coinbase app from the App Store or Google Play.
- Open the app and tap “Get Started.”
- Enter your email address and create a strong password.
- Verify your email by clicking the link sent to your inbox.
- Provide your phone number for two-factor authentication (2FA).
- Confirm your identity with a government-issued ID.
Coinbase complies with global financial regulations, so identity verification is mandatory. Once verified, you can begin funding your account and trading crypto immediately.
👉 Learn how to securely manage your first crypto purchase today.
Adding Payment Details to Your Coinbase Account
To buy cryptocurrency, you’ll need a linked payment method. Coinbase supports several options:
- Bank account (via ACH or SEPA)
- Debit card
- PayPal (in select regions)
How to Add a Payment Method:
- Tap the "Settings" icon in the bottom right.
- Select "Payment methods."
- Choose the type of payment you want to add.
- Follow the prompts to enter your bank or card details.
Bank accounts are best for low-fee deposits, while debit cards allow instant purchases (with higher fees). Once added, your payment method will be ready for immediate use.
How to Buy Crypto on the Coinbase App
Now that your account is set up and funded, let’s explore how to buy crypto on the Coinbase app.
Step-by-Step Process:
- Open the app and tap the "Buy/Sell" button on the home screen.
- Select the cryptocurrency you’d like to purchase (e.g., Bitcoin, Ethereum).
- Enter the amount you wish to spend in your local currency.
- Choose your preferred payment method.
- Review the transaction details, including fees.
- Tap "Buy" to confirm.
You’ll receive a confirmation once the transaction is complete, and your crypto will appear in your wallet instantly.
Coinbase offers a user-friendly interface ideal for beginners, but it also includes advanced features for seasoned traders.
Viewing Your Crypto Holdings
After purchasing, you can view all your digital assets in one place:
- From the home screen, your total portfolio value is displayed at the top.
- Tap "Assets" to see a full list of your cryptocurrencies.
- Select any asset to view its price chart, transaction history, and available actions (buy, sell, send, receive).
This dashboard gives you full visibility into your investments and performance over time.
How to Sell Crypto on the Coinbase App
Need to cash out? Selling crypto on Coinbase is just as easy as buying.
Steps to Sell:
- Tap "Buy/Sell" and select "Sell."
- Choose the cryptocurrency you want to sell.
- Enter the amount (in crypto or fiat).
- Select your payout method (bank account or PayPal).
- Review fees and final amount.
- Tap "Sell" to complete the transaction.
Funds typically arrive in 1–5 business days depending on your payout method.
Converting Crypto Within Your Wallet
Coinbase allows you to convert one cryptocurrency into another without selling for fiat first—ideal for portfolio rebalancing.
How to Convert Crypto:
- Tap "Convert" on the home screen.
- Choose the crypto you want to exchange (e.g., Bitcoin).
- Select the cryptocurrency you’d like to receive (e.g., Ethereum).
- Enter the amount.
- Review the estimated exchange rate and fees.
- Confirm the conversion.
The new asset will appear in your wallet within seconds.
👉 Discover seamless ways to grow your crypto portfolio across top platforms.
Sending and Receiving Crypto
Transferring crypto to friends or external wallets is simple with Coinbase.
How to Send Crypto:
- Tap "Send/Receive" > "Send."
- Enter the recipient’s wallet address or scan their QR code.
- Select the cryptocurrency.
- Enter the amount.
- Confirm transaction details and send.
Always double-check addresses—transactions are irreversible.
How to Receive Crypto:
- Tap "Send/Receive" > "Receive."
- Select the cryptocurrency.
- Share your unique wallet address or QR code with the sender.
Receiving crypto is free on Coinbase (though network fees may apply during high congestion).
Using the Advanced Trade Feature on Coinbase
For users seeking more control, Coinbase’s Advanced Trade platform replaces the old Coinbase Pro interface, offering professional-grade tools.
Key Features:
- Real-time order books
- Limit, market, and stop orders
- Trading fee tiers based on volume
- Price charts with technical indicators
How to Access Advanced Trade:
- From the app home screen, tap "Trade" (or find "Advanced Trade" in the menu).
- Switch between “Simple” and “Advanced” views.
- Place trades using detailed order forms.
- Monitor open orders and trade history.
Advanced Trade is perfect for active traders who want tighter spreads and deeper market insights.
Frequently Asked Questions (FAQ)
Q: Is Coinbase safe for beginners?
A: Yes. Coinbase is one of the most secure and user-friendly platforms available. It stores 98% of customer funds in cold storage and offers insurance against theft.
Q: Are there fees for buying crypto on Coinbase?
A: Yes. Coinbase uses a spread fee (typically around 0.5%) plus a transaction fee based on payment method. Debit card purchases usually have higher fees than bank transfers.
Q: Can I use Coinbase outside the United States?
A: Absolutely. Coinbase operates in over 100 countries, though availability of certain features and cryptocurrencies may vary by region.
Q: What is the difference between Coinbase and Advanced Trade?
A: The standard Coinbase interface is designed for simplicity and ease of use. Advanced Trade offers more sophisticated tools like limit orders and real-time data for experienced traders.
Q: How long does it take to withdraw money from Coinbase?
A: Bank withdrawals typically take 1–5 business days via ACH or SEPA transfers. Instant payouts to PayPal or debit cards are faster but may incur additional fees.
Q: Can I stake crypto on Coinbase?
A: Yes. Coinbase supports staking for select cryptocurrencies like Ethereum, offering passive income opportunities with flexible lock-up terms.
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👉 Start trading with confidence using tools trusted by millions worldwide.
By following this guide, you now have a clear understanding of how to navigate the Coinbase app—from making your first purchase to using advanced trading features. With security, simplicity, and scalability built in, Coinbase remains a top choice for entering the world of digital assets.
Remember: always do your own research, never invest more than you can afford to lose, and keep your credentials secure.
Happy trading!