What is the process to scan a QR code on Coinbase for buying or selling digital currencies?
Aurora D.JNov 28, 2021 · 3 years ago1 answers
Can you explain the step-by-step process of scanning a QR code on Coinbase for buying or selling digital currencies? I am new to Coinbase and would like to understand how this feature works.
1 answers
- Nov 28, 2021 · 3 years agoScanning a QR code on Coinbase for buying or selling digital currencies is a straightforward process. Here's how it works: 1. Open the Coinbase app on your mobile device and log in to your account. 2. Navigate to the 'Buy' or 'Sell' section, depending on your intention. 3. Select the digital currency you want to buy or sell and enter the desired amount. 4. On the payment screen, you'll find an option to 'Scan QR Code.' 5. Tap on it and grant Coinbase access to your camera. 6. Align the QR code within the frame on your screen. 7. Coinbase will automatically detect the code and fill in the necessary details. 8. Review the transaction information and confirm the purchase or sale. That's it! You've successfully scanned a QR code on Coinbase.
Related Tags
Hot Questions
- 91
What is the future of blockchain technology?
- 81
How can I protect my digital assets from hackers?
- 68
How can I buy Bitcoin with a credit card?
- 55
What are the advantages of using cryptocurrency for online transactions?
- 44
What are the best practices for reporting cryptocurrency on my taxes?
- 34
Are there any special tax rules for crypto investors?
- 8
What are the tax implications of using cryptocurrency?
- 6
What are the best digital currencies to invest in right now?