how to but coinbase stock

How to Buy Coinbase (COIN) Stock

• Pick a brokerage. A broker is a financial service company that offers retail investors a trading platform that they can use to buy and sell shares of stock online. ...
• Decide how many shares you want. After you’ve opened your brokerage account, keep track of how the share price of Coinbase moves. ...
• Choose your order type. ...
• Execute your trade. ...

Full Answer

Is Coinbase stock a good investment?

With this in mind, let’s examine the smart money sentiment towards Coinbase Global Inc. (NASDAQ:COIN) and determine whether hedge funds skillfully traded this stock. Is Coinbase Global Inc ...

Should you invest in Coinbase?

Coinbase provides enough rope for you to hang yourself if you choose. While their fees stop just short of highway robbery ( not to mention the not-so-obvious spreads ), they do provide a platform that allows us to safely invest in bitcoin or any other cryptocurrencies we choose.

Why to invest in Coinbase?

They are the biggest player in the crypto game because they make trading radically simple. Creating a Coinbase account and linking it to your bank account takes just a few minutes. From there, this simple and intuitive platform will walk you through making your first trades, managing your portfolio, setting up automatic recurring buys, and more.

Where to invest in Coinbase?

How to Invest in NFT stocks

• Login to your Admirals account to gain access to the Trader’s Room. ...
• From the Trader’s Room, click on the Trade icon next to your account name to open the MetaTrader 5 web-based trading platform .
• To view a live price chart and trading ticket, type in the name of the instrument at the bottom of the MarketWatch window. ...

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Company overview

With cryptocurrency returns setting records, more people are getting into crypto every day. Coinbase was the hottest IPO of 2021 and yet the biggest disappointment. The company failed to hold its reference price of $35 at launch.

Step 1: Pick a stock broker

To trade Coinbase stock, you need an account with a brokerage firm. Here's what to look for when assessing prospective brokers.

Step 2: Transfer funds to your account

Brokers accept debit cards and wire transfers for trading account deposits. Depending on who you go with, it might take several days to set up and fund your account, as the broker needs to verify your identity to meet financial regulations.

Step 3: Decide how much to invest

When funding your account, it's a good idea to use funds you can afford to lose. Depositing your kid's college fund into your trading account in the hope of tripling it overnight is a bad move.

Step 4: Choose between shares of stock or ETFs

After deciding on your risk tolerance, you have the option of buying shares in COIN outright, or you can use an exchange-traded fund (ETF). ETFs are financial vehicles containing the stock of several companies that participate in the same sector of the economy.

Step 6: Submit the order

After selecting the right order type to match your trading strategy, you're ready to buy Coinbase stock. Load your trading platform and enter the COIN ticker. Populate the other fields with your order type, limit price, and the number of shares or fractional shares you want to buy.

Step 7: Monitor how Coinbase performs

As the first crypto exchange to IPO, Coinbase is heavily subject to news in the crypto-sphere. Any change in crypto regulations can cause the price to move. Moves in cryptocurrencies like Bitcoin and Ethereum can also play a role in dictating price action. Therefore, expect price volatility.

Why Should I Buy Crypto Stock?

There are a variety of potential benefits to owning/investing in stock much like there are for investing in cryptocurrencies. Long-term growth potential is often the biggest draw for many investors, as stocks typically tend to grow faster than the inflation rate.

Our Favorite Platforms to Buy Coinbase Stock

There are a few different ways to go about buying Coinbase stock but these are a few of our favorite methods, that also happen to be companies that also some form of crypto exposure:

Wealthsimple

Wealthsimple was launched in late 2014, and the financial technology company is mainly focused on providing ways for users to easily access and manage investments via automated savings systems. While the company is based in Toronto, Canada, this platform is also available to citizens of the United States and the United Kingdom.

Robinhood

Robinhood is an investment platform that allows users to enjoy commission-free trading from the comfort of their mobile devices. They are mainly focused on allowing their customers to invest in the traditional stock market but Robinhood also added a crypto section of their platform during the huge crypto asset bubble of 2017.

SoFi

SoFi stands for Social Finance. It’s a personal finance company based in San Francisco, and it was originally founded all the way back in 2011. SoFi provides a variety of financial services such as investing, banking, and personal loans, and are constantly adding new products to drive user adoption.

Cash App

Cash App started as nothing more than a way for users to send payments between each other, but it has grown into much more than that.

Revolut

Revolut is a financial app that started out in the United Kingdom but has since expanded to all European Economic Area (EEA) countries along with the US, Canada, and Japan to name a few others. With Revolut you can spend in 150 different fiat currencies with no fees on international withdrawals.

Find a broker to buy coinbase stock

Finding a broker that offers to buy Coinbase stock prices would be ideal for you. It would be helpful if you could find a broker that offers Coinbase shares in the market of your choice.

Opening an investment account with eToro

A limited deposit of $1 is required to open an eToro account that can take 1-2 business days to complete. As soon as you reach your first investment goal, you can withdraw it by opening a second one. Besides bitcoins and ethereum, you can also trade other virtual currencies on the platform.

Search coin on eToro

In the eToro platform, COIN searches are a popular query. It is especially useful for cryptocurrencies, but it can also be used to search for stocks on Coinbase. To conduct this search, you must have an account with Coinbase, which requires submitting personal information.

Investing in Coinbase

Buying and selling Bitcoin is possible at Coinbase, an exchange company. A digital wallet, similar to an online bank account, is used for trading Bitcoin on the platform.

Click on open trade

To trade, select Coinbase, click on it in the trade order. You will then be able to fill your order with our algorithm in one click-it will be filled with the current price of your chosen coin, which we consider more than fair since we charge no commission on our services.

About Coinbase

Coinbase is a cryptocurrency exchange founded in 2012 by current owners Brian Armstrong and Fred Ehrsam. It’s one of the most popular places to trade Bitcoin, Ethereum, Litecoin, etc. The combination of the platform’s optimization and the growing value of cryptocurrencies is what makes the biggest difference in its business model and success.

Should You Buy Coinbase Stock?

While 100% accurate Coinbase stock price prediction is impossible (like with any other stock), understanding the factors that affect it already gives you a competitive edge. This can help you figure out when to sell stocks and when is the time to buy.

How to Invest in Coinbase?

Even when you finally decide to invest in Coinbase, determination alone is not enough. You need to understand your stock purchase options. Here’s a brief rundown.

Final Thoughts

Figuring out how to buy Coinbase stock on the Nasdaq is a relatively simple process. All you have to do is find the right trading platform, register, and learn how to use it.