Download Coinbase App [iphone.android]: https://www.coinbase.com/join/59c2868c8c85b40296a4ed72
Make an account [2-step verification]
Add your debit card, [3min] or bank account [1 week]
Spend 100$ and get 10$ free if you use the CloudConnect referral link above
What is Coinbase? Purpose? Security?
Coinbase is a secure online platform for buying, selling, transferring, and storing digital currency.
Your exchanging US Dollar to for cryptocurrency such as Bitcoin or Litecoin. This is like trading USD for YEN.
Basically it’s your own personal bank on your iphone similar to paypal or venmo, but instead of using USD, the options are Bitcoin, Litecoin, BitcoinCash, and Ethereum.
These different coins can be directly purchased on the CoinBase App, with usd. The coin will then be under your ‘wallet’ tab. Your wallet is an online secure way of storing your purchased coins, to then be able to send to other wallets, or sell back to USD.
Selling and Reaping your MASSIVE profit:
Go to ‘Buy/Sell tab
Click “Sell”
Then choose where you want send it [debt or bank]
Wait 3-5 business days and you will have your USD in your bank or debt card.
Final Tips:
Only sell your bitcoin back when you have made money aka bitcoin went up in price since you bought it. LET THE GAME COME TO YOU.