Shop for your Authenticated Coinbase Account

In the world of cryptocurrency, trading and investing has been made easier thanks to cryptocurrency exchanges such as Coinbase. Despite the ease with which one can start investing, there are still some procedures and requirements that have to be fulfilled before one can operate a verified Coinbase account. In this article, we'll guide you through the process of owning a verified Coinbase account.

The Importance of Having a Verified Coinbase Account

To understand why having a verified Coinbase account matters, we must first briefly explain what Coinbase is and why it's such a crucial player in the cryptocurrency world. Coinbase is a globally recognized cryptocurrency exchange that allows users to buy, sell, trade, and store a wide variety of cryptocurrencies such as Bitcoin, Ethereum, and many others.

A verified Coinbase account, as opposed to a regular or non-verified account, is a status given to accounts that have verified their identity and legitimacy. Verified accounts enjoy a series of benefits, including higher buying limits, lower fees, and access to advanced features like margin trading.

By owning a verified Coinbase account, you add an additional layer of security to your trading activities. This doesn't just benefit you as the account holder, but it boosts confidence among the investors in the crypto community, as it helps combat fraud and other untoward activities.

Steps to Buying a Verified Coinbase Account https://ironacc.com/product/buy-verified-coinbase-account/

1. Registration: The initial step to getting a verified Coinbase account is registration. Visit the Coinbase website or download the app and click on the "Get Started" button. You will be required to fill in your details: full name, email address, and password. After agreeing to the terms and conditions, you click on create an account.

2. Verification: Once your account has been created, the next step is to verify it. You will receive a verification email from Coinbase, which will include a link to confirm your email address. After confirming your email address, you will be required to verify your phone number to secure your account further.

3. Identification: Coinbase requires you to submit a valid identification document such as a passport, driver's license, or national ID card. This is to fulfill the Know Your Customer (KYC) regulation to prevent identity theft, financial fraud, and money laundering.

4. Payment method: After the identification procedure, you need to set up a payment method. Coinbase allows different options such as debit or credit cards, and bank accounts. Choose the payment method that best suits you, making sure it is a trusted source. Once all these steps are completed, your Coinbase account can now be considered verified.

5. Account Purchase: To finalize the purchase of your verified Coinbase account, you'll need to make the necessary payment. Your account will then be activated, and you can start dealing with cryptocurrencies.

Buying Existing Verified Coinbase Account - Yes or No?

While it's possible to buy an already verified Coinbase account from a previous owner, this is highly discouraged. It breaches the terms of service provided by Coinbase, which strictly states that accounts are non-transferable. Not only is this illegal but it also can lead to permanent closure of the account.

Conclusion

Understanding the cryptocurrency market is vital before delving into it, and having a platform like Coinbase makes the process easier. A verified Coinbase account is essential for anyone intending to fully engage in crypto trading or investing, as it adds an extra layer of security to your transactions, while also enabling access to advanced features.

Nonetheless, buying an already verified Coinbase account is not advisable. It's recommended to follow the laid down steps by Coinbase to get your account verified. Not only does it protect from potential legal and operational hiccups, but it also ensures you're fully in control of your investments, security settings, and finances.