What are the requirements for connecting Coinbase to my bank account?
Petty HuynhDec 28, 2021 · 3 years ago1 answers
What are the necessary steps and documents needed to link my bank account with Coinbase?
1 answers
- Dec 28, 2021 · 3 years agoLinking your bank account with Coinbase is a straightforward process. Here are the requirements: 1. A Coinbase account: You need to have a Coinbase account to link your bank account. 2. Valid identification: Coinbase may require you to provide a valid ID, such as a passport or driver's license, for verification purposes. 3. Bank account details: You will need to provide your bank account number and routing number. 4. Verification process: Coinbase will make two small deposits into your bank account. You need to verify the amounts of these deposits to confirm your ownership of the account. Once you have completed these steps and your bank account is successfully linked, you can easily transfer funds between your bank account and Coinbase to buy or sell cryptocurrencies.
Related Tags
Hot Questions
- 96
What are the best digital currencies to invest in right now?
- 85
What are the advantages of using cryptocurrency for online transactions?
- 84
How can I minimize my tax liability when dealing with cryptocurrencies?
- 81
Are there any special tax rules for crypto investors?
- 75
How does cryptocurrency affect my tax return?
- 74
How can I protect my digital assets from hackers?
- 71
What are the tax implications of using cryptocurrency?
- 68
What are the best practices for reporting cryptocurrency on my taxes?