What is the process to verify a bank account on Coinbase?

Can you explain the step-by-step process to verify a bank account on Coinbase? I'm new to the platform and want to make sure I do it correctly.

3 answers
- Sure! To verify your bank account on Coinbase, follow these steps: 1. Log in to your Coinbase account. 2. Go to the 'Settings' tab. 3. Click on 'Linked Accounts'. 4. Select 'Add a Bank Account'. 5. Choose your bank from the list or search for it. 6. Enter your bank account details, including the account number and routing number. 7. Click 'Verify Account'. 8. Coinbase will make two small deposits into your bank account within a few business days. 9. Once the deposits appear in your bank statement, return to the 'Linked Accounts' section and click 'Verify' next to your bank account. 10. Enter the amounts of the two deposits to complete the verification process. That's it! Your bank account will be successfully verified on Coinbase.
Mar 06, 2022 · 3 years ago
- Verifying your bank account on Coinbase is a straightforward process. Here's what you need to do: 1. Log in to your Coinbase account. 2. Navigate to the 'Settings' tab. 3. Click on 'Linked Accounts'. 4. Choose 'Add a Bank Account'. 5. Select your bank from the provided list or search for it. 6. Enter your bank account details, such as the account number and routing number. 7. Click 'Verify Account'. 8. Wait for Coinbase to make two small deposits into your bank account. 9. Check your bank statement for the deposit amounts. 10. Return to the 'Linked Accounts' section and click 'Verify' next to your bank account. 11. Enter the amounts of the two deposits to complete the verification process. That's all! Your bank account will be successfully verified on Coinbase.
Mar 06, 2022 · 3 years ago
- Verifying your bank account on Coinbase is a simple process. Just follow these steps: 1. Log in to your Coinbase account. 2. Go to the 'Settings' tab. 3. Click on 'Linked Accounts'. 4. Choose 'Add a Bank Account'. 5. Search for your bank or select it from the list. 6. Enter your bank account details, including the account number and routing number. 7. Click 'Verify Account'. 8. Wait for Coinbase to deposit two small amounts into your bank account. 9. Check your bank statement to find the deposit amounts. 10. Return to the 'Linked Accounts' section and click 'Verify' next to your bank account. 11. Enter the amounts of the two deposits to complete the verification process. That's it! Your bank account will be successfully verified on Coinbase.
Mar 06, 2022 · 3 years ago
Related Tags
Hot Questions
- 81
What are the advantages of using cryptocurrency for online transactions?
- 68
How does cryptocurrency affect my tax return?
- 65
What are the best digital currencies to invest in right now?
- 43
How can I protect my digital assets from hackers?
- 33
What are the best practices for reporting cryptocurrency on my taxes?
- 25
Are there any special tax rules for crypto investors?
- 23
What are the tax implications of using cryptocurrency?
- 7
How can I buy Bitcoin with a credit card?