After you ’ ve linked your bank account using Plaid, you ’ ll be able to buy crypto immediately using your bank account .
You can besides deposit money from your bank score to your USD wallet on Coinbase .
once your transaction is confirmed, you can use the funds to buy or sell cryptocurrencies on Coinbase.
however, Plaid is not available in some countries.
For example, if you ’ rhenium exist in Singapore, you can not link your bank report to Coinbase .
This is because the “ Bank Account ” requital method acting is not supported there yet .
If that ’ s the case, you need to buy and sell cryptocurrencies using your debit or credit card alternatively .
Get $ 10 USD in spare Bitcoin on Coinbase here : hypertext transfer protocol : //www.coinbase.com/join/lim_di1 .
here ’ s how to deposit money from your bank account to Coinbase:
1. Go to Coinbase.com and click on “Buy / Sell”
The first tone is to go to Coinbase.com and log in to your account .
You can besides use the Coinbase mobile app for this .
For the purpose of this usher, we ’ ll use the background interpretation of Coinbase rather .
once you ’ re on the background version of Coinbase, you ’ ll see a “ Buy / Sell ” button on the clear navigation barroom .
Click on the “Buy / Sell” button to start buying or sell cryptocurrencies .
2. Add your bank account
note : If you don ’ t see the “ Bank Account ” option, it means that it is not supported in your nation even. If that ’ s the case, you can entirely buy crypto with a debit or a credit poster .
After you ’ ve clicked on the “ Buy / Sell ” button, you ’ ll land on the buy page .
If this is your first gear time buying crypto on Coinbase, you ’ ll be prompted to add a requital method acting .
otherwise, cluck on “ Pay with ” followed by “ Add a payment method acting ” to add a new requital method .
You ’ ll then be given one or more requital methods that you can add .
This includes “ Bank Account ”, “ Credit/Debit Card ”, “ PayPal ”, and others .
Click on “Bank Account” to start adding your bank report .
If you don ’ triiodothyronine see the “ Bank Account ” payment method, it means that it ’ s not available in your country .
For example, if you ’ rhenium populate in Singapore, you won ’ triiodothyronine be able to link your bank explanation .
If that ’ s the subject, this guide is not applicable to you, and you need to buy crypto using a debit or accredit circuit board rather .
3. Click on “Continue”
After you ’ ve clicked on “ Bank Account ”, a pop-up book will open .
now, you ’ ll be prompted to use Plaid to link your deposit score .
Plaid is an slowly way to connect your savings bank to popular apps like Coinbase .
This is impregnable as your personal fiscal data will be encrypted .
In summation, your credentials will never be made accessible to Coinbase .
Click on “Continue” to proceed to the future footstep .
4. Select your bank account
After you ’ ve clicked on “ Continue ”, you ’ ll be asked to select your bank.
now, you need to select the bank score that you want to add .
You can use the search stripe to search for your bank .
For case, if your bank is “ Chase ”, choice “ Chase ” .
Read more: List of badges in Mario Kart Tour
5. Log in to your bank account
After you ’ ve selected your bank, you need to log in to it.
For exemplar, if you ’ ve selected “ Chase ”, you need to log in to Chase .
first, enter your User ID and password .
second, snap on “ Submit ” to log in to Chase .
third, after you ’ ve logged in to Chase, you need to verify your identity .
For Chase, you can either verify your identity either by text, call, or e-mail .
For case, if you want to verify your identity by text, choose “ Text ”, and chatter on “ Continue ” .
If you ’ ve selected “ Text ”, a security code will be sent to your earphone act .
fourthly, enter the security code in the “ Code ” field and chatter on “ Submit ” .
After you ’ ve submitted the security code, you ’ ll land on the success page .
Click on “Continue” to finish linking your bank account .
6. Click on “Buy / Sell” again
After you ’ ve linked your bank account to Coinbase, it will be available to use .
now, you ’ ll be able to buy and sell cryptocurrencies !
You ’ ll besides be able to deposit money in your USD wallet .
You can do this by navigating to your portfolio > US dollar > Deposit .
To start buying crypto on Coinbase, click on “Buy / Sell” on the peak navigation legal profession again .
7. Buy crypto directly using your bank account
If you ’ rhenium buy crypto using your bank report, it will take 3 to 5 business days for the transaction to complete .
After you ’ ve clicked on the “ Buy / Sell ” button, you ’ ll land on the buying page .
On the bribe foliate, you need to select the crypto that you want to buy, enter the sum of crypto that you want to buy, and select your bank score .
first, cluck on the “ Buy ” option and select the crypto that you want to buy .
For exercise, if you want to buy Bitcoin, choose “ Bitcoin ” .
second, you need to enter the amount of crypto that you want to buy .
For case, if you want to buy $ 100 worth of Bitcoin, enter “ 100 ” .
third, suction stop on the “ Pay with ” option and select your bank account.
This will allow you to buy crypto directly using your depository financial institution account .
last, pawl on “ Preview Buy ” followed by “ Buy ” to buy the cryptocurrency ( e.g. Bitcoin ) .
Keep in mind that it takes 3 to 5 business days for the transaction to complete if you ’ re using your trust explanation .
If you don ’ thyroxine want to wait, you can buy crypto using your debit or credit wag rather .
Buying crypto using your debit or credit card is instantaneous .
Conclusion
In some cases, you won ’ thyroxine be able to buy and sell cryptocurrencies on Coinbase because your account is restricted .
If you ’ re getting an “ Account Restricted ” error on Coinbase, it means that you ’ re ineffective to buy or sell cryptocurrencies .
This is normally because you haven’t verified your identity however .
To verify your identity, you need to take a photograph of your ID and submit a selfie of yourself .
The Coinbase team will typically take a few days to review your identity .
however, it can take several weeks due to increased demand .
Further reading
Coinbase Quiz Answers ( Nov 2021 )
How to Connect Coinbase Wallet to Coinbase
How to Transfer Crypto from Coinbase to Binance
