When Do You Use Coinbase?

Full instructions to follow shortly.

NOTE: This is not the best option, if you can use one of the other recommended methods. There have been some issues with Coinbase in recent months.

Coinbase is useful for large dollar amounts, over $1,000. It can be used for smaller amounts, but Cash App is more suitable for amounts of $1,000 or less.

But if you can not use Cash App, Coinbase is a good alternative.

THE DRAWBACK: It could take up to 14 days for your funds to be validated within Coinbase. That is, you will purchase cryptocurrency, and they will hold it for 14 days on their platform until you can withdraw it to Novatech.

If you will be using Coinbase, talk to your sponsor about helping you get enrolled and started in Novatech.

Step 1: Set Up Your Account

Go to Coinbase and start by setting up your account. Remember that it will be an account that connects with your bank, so treat it the same as an official account, using your legal name, for example.

Step 2: Verify Your Account and Connect Your Bank

Verify your account and connect your bank account. You will need to upload a copy of your driver’s license and self-photo.

NOTE: Not all banks will connect, but it is becoming easier. (Just in case you have any problems)

Step 3: Purchase Bitcoin