Coinbase is a cryptocurrency exchange
that allows you to buy, manage,
and sell cryptocurrency.
We'll show you how to set up your account,
navigate the app, invest, and withdraw money.
This video is about how to use the Coinbase platform,
not how to invest.
What you decide to do with your money is up to you.
Use the clickable sections below to skip to each part.
Download and open the Coinbase app on your phone.
For this video, we'll be using the iPhone app.
Fill in your details and follow the prompts
to set up your account.
Verify your email address and phone number
and continue to complete your details.
Your details are a legal requirement,
so be sure to use correct information.
You'll receive an email once verified.
It should take just a few minutes.
Continue following the prompts
until you reach the Coinbase homepage.
Now click here to add your payment method.
You can link a PayPal account, a bank account,
or a credit or debit card.
Fill in your details and click "Add."
Now you're ready to start using Coinbase.
On the homepage,
you'll find a watch list of cryptocurrency prices
and some of the biggest-moving cryptos here.
At the bottom,
you can scroll through relevant news articles.
Tap the horizontal lines to find your profile settings
and actions below.
Tap the bell icon here to pull up your notifications.
Tap the portfolio icon to check your balances.
The arrows icon pulls up a quick menu
with actions to buy, sell,
convert, send, and receive crypto.
Tap "Trade" to find all tradable cryptocurrencies
on Coinbase.
You can track all your assets
and see how they're performing here.
Get more from Coinbase by tapping on "For You,"
and find relevant news articles and advice pages.
To invest in crypto using the Coinbase app,
click on "Trade."
Under the tradable tab,
you'll find all the cryptocurrencies
you can invest in through Coinbase.
Scroll and press on them
to see how they're performing and their price.
We'll search for one here.
As examples for this video, we'll be buying bitcoin.
To buy bitcoin, find or search for it,
click on "Trade,"
and then "Buy BTC" to pay with cash.
Tap the amount you want to spend
or the three dots to specify how much.
An order preview will appear.
You can see the Coinbase fees shown here.
Tap "Buy now" to process.
Tap on "Portfolio" to view
the value of your cryptocurrency.
To sell crypto, tap on the arrows icon and then "Sell."
Your cryptocurrencies will be listed here.
Tap on the one you want to sell
and then "Max" to sell it all.
You'll see how much will be sent to your account
after the Coinbase fees here.
Tap "Sell now" to complete.
To covert one cryptocurrency to another,
tap on the arrows icon and then "Convert."
Tap here to select the crypto you're converting.
Tap here to select the crypto you want to convert it to.
Type the amount you want to convert, then "Preview convert."
You can see the Coinbase fees shown here.
Tap "Convert" to complete.
To withdraw money,
you need to have your bank account linked.
Tap on the three-lines icon,
and then "Profile & Settings."
Tap "Add a payment method"
and then select "US Bank Account."
Add your bank details and then verify your account.
You'll see bank details appear.
You'll need to send a small amount of money to this account
using the reference given here to verify your account.
The verification process will take one to two business days.
Once your account is verified,
you'll receive an email to say
that Coinbase has received your deposit.
Tap on "View Deposit,"
and you'll see the amount you sent added to your portfolio.
To withdraw, tap on your US dollar account
and then "Cash out."
Tap the amount you want to withdraw.
Select your bank account and then continue.
The fee you'll be charged will be shown here.