Want $10 worth of free Bitcoin? Coinbase offers new users who sign-up to their exchange a free $10 BTC bonus, once they have buy or sell up to $100.
Coinbase is a beginner-friendly US-based crypto exchange, with over 35 million users across 100+ countries, making it one of the biggest crypto exchanges in the world. The exchange is well designed and easy to use, making it one of the best options for the newbie to start buying their first cryptocurrency. All of the biggest crypto assets such as Bitcoin, Ethereum, and Ripple can be found on Coinbase, with more being regularly added.
In this tutorial I explain how to sign-up to Coinbase, deposit into the exchange and make a trade to earn $10 of Bitcoin for free.
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Coinbase Referral Link 2021
One of the major benefits of signing up and creating a Coinbase account is the Coinbase referral offer. Users signing up to Coinbase for the first time, and buying or selling at least $100 or more of crypto, will receive $10 worth of free Bitcoin!
How to Sign-up to Coinbase
Coinbase sign-up process is very easy, but you will need to provide KYC (Know Your Customer). If you speak to any Bitcoin OGs they will tell you this is one of Coinbase´s biggest downfalls. But, if you want to buy the likes of Bitcoin, Ethereum or Ripple quickly and safely, Coinbase is one of the best places to start.
How to Buy Bitcoin on Coinbase?
Buying Bitcoin from Coinbase is a nice and simple process, as long as you don’t have to contact their support. Hopefully by following this step by step guide, you should be able to purchase Bitcoin within a few minutes.
To get started you will need to register for a Coinbase account, click here to sign up for Coinbase.
Add your Debit/Credit card to Coinbase
To be able to buy Bitcoin with Coinbase you will first have to add your Debit or Credit Card
From the Coinbase dashboard, click ‘Trade‘
Click Add a Payment Method
Select Credit/Debit Card & Enter Billing Address & Postcode
Enter Card Details & Click “Add Card“
The card will then be set up for you to make your Bitcoin purchase.
Please note: Buying Bitcoin and/or crypto with a credit card can be expensive and not something I would recommend.
New to Coinbase? Get $10 worth of FREE Bitcoin when sign-up for a Coinbase account and buy or sell with $100 or more, by using this link!!
Buying Bitcoin with your Debit/Credit card
Select “Trade” from the dashboard
Enter the amount of Bitcoin you would like to purchase
Select the cryptocurrency you’d like to purchase.
Your credit/debit card details will then show in the “Pay with” section
Preview Purchase will show a confirmation of your order and display corresponding Coinbase fees.
Click “Buy now“
Your purchase will then automatically complete and funds will appear in your Bitcoin wallet.
How to add a Bank Account to Coinbase
Click Trade
Click Add Payment Method
Select UK Bank Account
Enter sort code as a 6 digit number (don’t add the ‘-‘)
Enter your account number
The first time you add your UK bank account you will be prompted to verify your account. Coinbase will ask that you send £2.00 to their account to verify this.
Ensure that when you send the funds, you include the reference number, so that Coinbase know the transaction relates to your account.
Click Done.
Once verified the accounts will then show in your GBP wallet
Further funds can then be deposited into your GBP Wallet to make your purchase
Click Deposit
Make a note of your reference number (Do Not Use This Reference Number, This is an Example)
Tick the box “I’ve copied or written down my Reference Number“
Click Continue
You can then transfer your funds from your UK bank account to use for your Bitcoin purchase.
Buying Bitcoin with your UK Bank Account
Select Trade
Enter the amount of Bitcoin you would like to purchase
Select the cryptocurrency i.e. Bitcoin, Ethereum etc
Select GBP Wallet from your pay with option
Click Preview Purchase
From this screen you can view a confirmation of the purchase, as well as the Coinbase fees associated to the order.
Click Buy now
The funds will then appear in your Bitcoin Wallet.
Coinbase Earn
Another great incentive Coinbase offers is its Coinbase Earn feature. Where users can earn free cryptocurrency while learning about crypto and answering a few simple questions. Due to the growth of Coinbase, the earn feature doesn’t offer the rewards it once did. In the beginning, you could earn $50 XLM, now the max is really around $10. But if you hold you’re free crypto, you may see your return increase.
To find out more about Coinbase Earn you can check out my tutorial here
Save up to 45% on Binance Trading Fees
Binance Exchange is a competitor to the US based Coinbase. However, compared to Coinbase and Coinbase Pro, Binance trading fees are a lot lower. Plus with over 150 cryptos to trade, compared to around 50 on Coinbase .
Even though the fees on Binance are low, you can reduce them either further by up to 45%. Want to know how, check out my tutorial here.
Louise created the Every Bit Helps YouTube channel back in 2017, after finding the process of buying Bitcoin difficult. Therefore, in an aim to help others, she hopes that her tutorials will make the process of buying, selling and storing crypto a lot easier for newbies in the future.
After spending 20 years working in London in cyber security, she left the corporate life after having her second child in 2018. Louise now travels the world with her two small children trying to make the most out of life.
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