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When you are using the coinbase or any other platform for the business of the cryptocurrency you will need to connect your bank account. In this article, we are going to discuss the Coinbase and the bank account. Essentially, we are going to discuss How To Verify Bank Account On Coinbase?<br>
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How To Verify Bank Account On Coinbase How To Verify Bank Account On Coinbase When you are using the coinbase or any other platform for the business of the cryptocurrency you will need to connect your bank account. In this article, we are going to discuss the Coinbase and the bank account. Essentially, we are going to discuss how to verify bank account on coinbase? Whether you are purchasing or selling cryptocurrency on the coinbase you will need to connect your bank account with your binance account. By doing this you will be able to pay for or accept the payment of the cryptocurrency on the coinbase.
Coinbase Exchange Coinbase is the currency exchange which is providing you to trade different currencies like bitcoin, litecoin, Ethereum, and other major altcoins. The payment option on the coinbase is good but the problem is that they charge very high transaction fees. If you are interested in trading the cryptocurrencies using the coinbase then you should go for it. As they provide you one of the safest ways to transact them. How to Verify Bank Account on Coinbase? When you connect your bank account with the coinbase account there is no need for you to worry about. There are different processes for different bank accounts in different countries; here we are going to discuss U.S. based banks. If you follow these steps then you are good to go: You have to log in your account and open the trading view at the pro.coinbase.com/trade. On the left side of the company under the Assets, you will find the option of the Deposit, select it.
From there in the currency type menu, you have to select the USD as we are going to deposit using the U.S. bank account. Now you have to choose the bank account tab and click on the link “ADD BANK”. Here you will be redirected to the coinbase account to make the bank account verification process. As you have completed these steps then you are ready to buy the cryptocurrencies that are available on the coinbase. Time Taken When you are doing the verification process it is obvious that the time will be taken to go through the process. And in the verification process, it gets even more necessary to be double sure. So the process normally takes 3 days to verify your bank account.
Conclusion If you were careless of how to verify bank account on coinbase then now you are not. As we have discussed the steps required to do that and how much time you have to wait to go through the process.