Purchasing Bitcoin with your USD debit card on Coinbase is a straightforward process that allows you to seamlessly enter the world of cryptocurrency. To get started, you’ll first need to create an account on Coinbase if you haven’t already. This involves verifying your identity and linking your debit card. Once your account is set up, follow these steps:
- Log in to your Coinbase account.
- Select the ‘Buy’ option.
- Choose Bitcoin from the cryptocurrency list.
- Enter the amount you wish to purchase.
- Select your linked debit card as the payment method.
- Confirm the purchase.
Transactions are typically instant, allowing you to see your Bitcoin balance reflected almost promptly. It’s critically important to note that Coinbase may impose certain limits on debit card transactions depending on your account standing and verification level.Below is a simplified table highlighting the transaction limits:
| Account Type | Daily Limit | Weekly Limit |
|---|---|---|
| Basic User | $200 | $1,000 |
| Verified User | $2,500 | $10,000 |
