Having tried out several apps, we found Coinbase up to the mark. If you want to try out other apps, take a look at our best bitcoin apps for iPhone and iPad and select the one that suits your needs better. In this tutorial, we are going to take Coinbase for a spin. Jump over to get started!
How to Buy and Sell Bitcoin on Your iPhone and iPad
How to Set Up Coinbase On Your iPhone and iPadHow to Buy Bitcoins from your iPhone and iPadHow to Sell Bitcoins from Your iPhone and iPad
How to Set Up Coinbase On Your iPhone and iPad
Step #1. First off all, download Coinbase on your device. The app is available for free. Then launch it. Step #2. Now, you need to enter your email, password and create your account. Step #3. Next, you have to verify your identity. In some cases, it might take about two hours for the verification of your identity. Step #4. Next up, connect your bank account. It may take a couple of days for the process to be completed.
How to Buy Bitcoins from your iPhone and iPad
Once you have verified your identity and connected it to your bank account, you are ready to go. Besides, the app will also inform you about this. Step #1. Launch Coinbase app on your iOS device and head over to the app’s home screen. (tap on the menu button at the top right corner and select Buy/Sell) Step #2. Check out the current price of Bitcoin at the top. Now, you have to tap on the Buy button at the top and enter the amount of Bitcoin you wish to buy. Make sure to enter the amount in your local currency. Step #3. Next up, you need to choose the Wallet you wish to deposit the Bitcoins into. Step #4. Up next, chose your payment method. Step #5. Finally, you have to authenticate.
How to Sell Bitcoins from Your iPhone and iPad
Selling Bitcoins is pretty straightforward from this app. Step #1. Launch Coinbase on your iOS device. Then, tap on the menu button at the top right corner and choose to Buy/Sell. Step #2. Now from the home screen, tap on Sell. In case, you haven’t connected it to your bank account, you will be asked to do so. Step #3. Next, you need to enter the amount of Bitcoin you wish to sell. Enter the amount in your local currency and then select the bank account you want to withdraw to. Step #4. In the end, you have to authenticate. That’s done! Happy bitcoin trading! What’s your take on the decentralized digital currency? Should every business start accepting this form of payment? Shoot your views in the comments below. You might want to catch up with these posts as well:
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