What is Coinbase? Instructions on how to create and use Bitcoin, Ethereum, Bitcoin Cash, Litecoin wallets on Coinbase

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Coinbase - In the previous post, I showed you how Create bitcoin wallet on Blockchain as well as how to use blockchain wallets from A - Z is very detailed already. Today, we will continue with a reputable, safe and free online wallet creation service Bitcoin, Ethereum, Bitcoin Cash and Litecoin that is Coinbase wallet How to use coinbase, how to transfer / receive money via coinbase Please pay attention to it, I will guide you how Create a Coinbase wallet The easiest and the steps to use it.

Instructions to create a bitcoin wallet on coinbase
Instructions to create a bitcoin wallet on coinbase

What is Coinbase?

Coinbase is a cryptocurrency exchange and also provides wallet storage services for various coins such as: Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) , and Litecoin (LTC). However, the present Coinbase It does not support purchases for a number of countries including Vietnam, and with the wallet service, any user of national notebooks can use Coinbase.

Basically Coinbase wallet No different from wallet Blockchain.infoAn extremely reputable website that allows bitcoin investors to create wallets to store coins they earn or buy from other vendors. Many of you ask yourself "Coinbase wallets are secure","Is the Coinbase wallet good?"Then I can confirm that at the moment, Coinbase and Blockchain are the two best electronic wallet services for storing money. Coinbase's service is completely free, meaning you can create wallets, exchange, trade, buy and sell BTC with no fees at all. So Coinbase is widely used and trusted by bitcoin users.

However, the time to confirm successful transactions of Coinbase will take longer than Blockchain. But this small flaw does not reduce the number of users, it is simply free and has many other advantages that help users to conveniently store and exchange virtual currencies such as: Easy to use, safe, No charge, receive and fast transfer.

Instructions on how to create Bitcoin, Ethereum, LTC wallets on Coinbase

1. Sign up for coinbase.com account

- To register for an account on coinbase, visit the following link: https://www.coinbase.com/signup (Usually when you first access Coinbase's default language will be French or something, you scroll down to the bottom of the page to notice the "Language" section and then click "English" for easy use.)

- Next fill in all the information: First Name (Last Name), Last Name (Name), Email and Password then click on "I agree to the, .." then select Create Account

Sign up to create a Bitcoin wallet on coinbase
Sign up to create a Bitcoin wallet on coinbase

After registration, System of Coinbase will send an email confirmation, you enter the email to activate the account, it will report something like this, you click Verify Email Address is done

Confirm Email Coinbase
Confirm Email Coinbase

Ok, got it So, the steps to register to create a Bitcoin wallet on coinbase have been completed, it's quite simple, isn't it, now you will come to how to use it. Coinbase wallet. You continue to see below

Instructions for using Bitcoin wallet on Coinbase

Confirmation, the doctor will see the new interface overview of Bitcoin wallet on Coinbase As shown below, (The time Blogtienao.com wrote this article was on March 20.3.2017, XNUMX, coinbase has changed its interface to be easier on the eyes and easier to use, even novices can use it. .

The interface of a bitcoin wallet on Coinbase
The interface of a bitcoin wallet on Coinbase

Below I will explain the most important key features of Coinbase wallet that you need to know to be able to master coinbase:

  • Dashboard : Your coinbase wallet dashboard
  • Buy / Sell : This function is only available for countries like USA or Europe, VN is not supported
  • Send / Request : You can use this function to send BTC or ETH to another place
  • Account : This is where the BTC, ETH, and BTC accounts are stored cold
  • Setting : A place where you can change personal information, avatar, password, turn on 2-layer security, ...
  • tool : Where you create BTC or ETH addresses, is the receiving address, you can also create many addresses, the addresses are all in one account, so it's easy to manage.

Coinbase allows you to create about 200 different addresses, this is a pretty good advantage Use bitcoin wallet on coinbase. To do this, select the human face logo and select Advanced.

Instructions to create a Bitcoin + Ethereum + Litecoin wallet address in Coinbase

First, I want you to know every single virtual currency like Bitcoin, Ethereum, Litecoin in your account Coinbase will have main wallet , and extra wallet. For the main wallet, this is the wallet that will automatically change the wallet address every time you receive money. Therefore, after receiving money, you should check your new wallet address before sending it to the sender.

And one more point of note is that the main wallet address after each receipt of money will automatically be listed in the secondary wallet address list. So have you ever forgotten about updating your new wallet address and still giving the old wallet address to the sender? The answer is absolutely okay, the money is still in your account normally

First, I will show you how to get it coinbase wallet address right before. You select the tab "Showcase"Then choose"Get Bitcoin Address"As shown below to create a wallet for each coin BTC, ETH and LTC offline

Create addresses for bitcoin, ethereum and litecoin on coinbase
Create addresses for bitcoin, ethereum and litecoin on coinbase

How to create multiple Bitcoin, Ethereum, Litecoin secondary wallet addresses in Coinbase

Next one Coinbase account You can create thousands and millions of extra Bitcoin, Ethereum and Litecoin wallet addresses to receive money, and when someone sends money to that address, they will be taken into account. coinbase wallet of you. For secondary wallets, this is a fixed wallet address even after you receive money.

So in the case of small money transactions you can use a fixed secondary wallet address. And one more point of note is that the main wallet addresses after each money receipt will automatically be listed in the secondary wallet address list.

You go to the tab "Tools"Then select the tab"Addresses", Select the currency you want to create your secondary wallet and choose"Create New Addess“. You will see the secondary wallet address right below, you can use that fixed secondary wallet address to receive money from someone.

Create extra wallets on coinbase
Create extra wallets on coinbase

Instructions to transfer money from your Coinbase account to others 

To transfer Bitcoin, Ethereum or Litecoin to someone else from your Coinbase account, select the tab “Send / Request", Select the tab"Send“. Next, Enter the recipient's wallet address or Coinbase account, select the currency you want to transfer, enter the amount to transfer, write the transfer content. And finally choose "Send Funds"To transfer money.

How to transfer money from coinbase
How to transfer money from coinbase

Conclusion

Ok, got it So Blogtienao.com have instructed you how Create a Coinbase wallet To store Bitcoin, Ethereum, Litecoin as well as how to use, transfer / receive money from Coinbase, it is not difficult, just follow and follow every step you follow to make sure you will create it yourself. OK Bitcoin wallet on coinbase to use for your own purposes. Good luck

Watch a video tutorial on creating and using Coinbase wallet visually and easily

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116 COMMENTS

  1. Let me ask, I have coinbase wallet on my phone, but I lost it. . I want to get back Coinbase's old wallet, but when I log in, my new wallet is completely new. How do I get my wallet back because I need to use my old wallet. Thanks

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