Why You Should Buy a Verified Coinbase Account in 2023
If you’re looking to buy the verified coinbase account in 2023, then you’ll need to know why it’s beneficial to buy an account that has been verified with Coinbase. Here are just five benefits to purchasing this type of account now.
What is Coinbase?
Coinbase is an exchange that offers the buy and sell of cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. There are two ways to create an account: through their website, or by linking your bank account to Coinbase.
If you choose the first option, you need to provide your email address, password and phone number.
The second option requires the input of bank information such as your name on account, routing number, etc., so it may take longer for Coinbase to verify your identity. Once verified you can purchase cryptocurrency by linking a credit or debit card – this process is easy because it doesn’t require any additional ID verification.
What are the benefits of having a verified Coinbase account?
A verified Coinbase account is like having your own personal bank account. With your own verified Coinbase account, you can buy and sell coins with ease. Plus, you don’t have to worry about the restrictions that banks place on buying and selling cryptocurrency. Buying a verified Coinbase account will give you access to better rates than those at most traditional banks. To start off, you’ll need to provide some basic information, such as your email address and phone number. The next step is verifying your identity by providing certain documents, such as a driver’s license or passport.
How to buy a verified Coinbase account
Verified coinbase accounts are designed to help you buy and sell cryptocurrencies. It’s important to know that coinbase offers two types of verification: tier 1 and tier 2. Tier 1 is designed for those who want to trade but don’t need the added benefits of tier 2, while tier 2 is designed for those who intend to make larger trades (over $250,000) and requires ID verification.
To purchase a verified Coinbase account, simply head over to their website and complete the application form. They’ll review your ID and then either approve or deny the request based on your wallet activity – this includes if you’ve traded before, how much you’ve traded previously, when you last traded, etc. If approved, they’ll send your account details by email within 24 hours.
Conclusion
You should buy your verified Coinbase account now because it will make the process of buying and selling bitcoin easier in the future. Buying your Coinbase account now will also help you avoid any hiccups that could happen with verification later down the line. Coinbase is a great way to buy and sell bitcoin, but without verification, you won’t be able to access as many features. It’s best to start with something simple like verifying your email address, then proceed to phone verification, identity verification, and finally proof of residency. The only downside is that even if you buy your account today, you still have to wait 2-3 weeks for it to become fully verified.
