Quick Note for Readers: As of 2025, BlockFi is no longer operational following its 2022 bankruptcy and 2024 platform shutdown.
Assets were distributed through partners like Coinbase. If your search led you here for BlockFi, we've adapted this beginner's guide to Coinbase—a secure, beginner-friendly exchange with over 100 million users. It's regulated, insured for digital assets, and perfect for starting your crypto journey. For official BlockFi updates, visit their
restructuring site.
Beginner's Guide to Creating and Securing Your Coinbase Account in 2025
Hey there, crypto newbie! If you're excited about dipping your toes into cryptocurrency trading but feel a bit overwhelmed, you're in the right place. As someone who's guided hundreds of beginners through their first trades (drawing from years of hands-on experience in fintech and crypto security), I know how important it is to start on a solid, secure foundation. This guide will walk you through everything from signing up for a Coinbase account to locking it down with top-notch security features—all in plain English, no jargon overload.
Why Coinbase? It's designed for folks just like you: intuitive interface, educational resources, and robust security. Plus, it supports buying, selling, and trading popular coins like Bitcoin and Ethereum with ease. By the end, you'll be ready to make your first trade safely. Let's dive in!
How to Create a Coinbase Account (Coinbase Sign Up Step-by-Step)
Creating a Coinbase account is straightforward and takes just a few minutes. You can do it via the website or mobile app. Here's how:
Via the Mobile App or Website (Email Sign-Up):
- Head to coinbase.com or download the app (more on that below).
- Click "Sign up" or "Get started."
- Enter your email address and hit "Continue."
- Check your inbox for a verification code from Coinbase and enter it.
- Create a strong password (aim for 12+ characters with letters, numbers, and symbols) and continue.
- Provide your full name as it appears on your government-issued ID.
- Add your phone number and verify it with the SMS code sent to you.
Pro tip: Use a unique email and password not tied to other services to boost security from the get-go.
Quick Sign-Up with Apple or Google:
- Select the Apple or Google icon during sign-up.
- Follow the prompts to link your account.
- Verify your phone number as above.
Once done, you'll land on your dashboard—congrats, you're in! But to unlock full features like trading, you'll need to complete KYC (more on that next).
Completing Coinbase KYC Verification
KYC (Know Your Customer) is a quick identity check required by law to prevent fraud and money laundering. It's standard across exchanges and ensures your account stays safe. Don't worry—it's secure and confidential.
- From your dashboard, go to Settings > Identity Verification.
- Upload a clear photo of your government-issued ID (e.g., driver's license, passport, or state ID in the US). Make sure it's not expired or blurry—use good lighting and a plain background.
- Take a selfie as prompted (face the camera straight-on, no hats or sunglasses).
- If needed, provide proof of address (like a recent utility bill or bank statement from the last 3 months).
- Submit and wait—most verifications approve in minutes, but it can take up to 48 hours.
Stuck? Coinbase's support is top-notch; chat them via the app. Remember, verified accounts get higher limits for buying and trading.
Downloading the Coinbase App
The Coinbase app is your all-in-one hub for trading on the go. It's free, intuitive, and packed with features like price alerts and easy transfers.
- For iOS: Search "Coinbase" in the App Store or visit here.
- For Android: Grab it from Google Play or this link.
- Install, log in with your new credentials, and enable notifications for real-time updates.
Bonus: The app supports fingerprint or face ID login for extra convenience (and security).
Setting Up Coinbase Security Settings and Two-Factor Authentication (2FA)
Security is non-negotiable in crypto—think of your account like a digital vault. Coinbase offers bank-level protections, including $255 million in insurance for hacks, but you should layer on personal safeguards.
Basic Security Settings:
- Password Manager: Use a tool like LastPass to generate and store complex passwords.
- Address Whitelisting: In Settings > Security, restrict withdrawals to pre-approved addresses only.
- Session Management: Regularly review and log out of active sessions from unknown devices.
Enabling Two-Factor Authentication (2FA):
2FA adds a second verification step (like a code from your phone) to logins and transactions. It's your first line of defense against hackers.
- Log in via the website (2FA setup is easiest here).
- Go to Settings > Security > 2-Step Verification.
- Choose your method: Authenticator app (recommended, like Google Authenticator), SMS, or even a security key.
- For Authenticator: Download the app, scan the QR code from Coinbase, and enter the generated code.
- Save your backup codes in a safe place (not on your phone!).
- Test it by logging out and back in.
Advanced tip: Enable multiple methods, like app + trusted contacts, for redundancy. Always download authenticator apps from official stores to avoid fakes.
Getting Started with Buying and Trading Crypto on Coinbase
With your account set up and secured, it's time to trade! Coinbase makes it beginner-proof.
- Fund Your Account: Link a bank account or debit card via Settings > Payment Methods. Deposits are free for ACH transfers.
- Buy Crypto: Search for Bitcoin (BTC) or Ethereum (ETH), enter the amount, and confirm. Fees are transparent (around 1.49% for simple trades).
- Trade: Use the "Trade" tab for swaps between coins. Start small—maybe $10—to learn the ropes.
- Learn More: Check Coinbase Learn for free modules on crypto basics (earn rewards while studying!).
Remember: Crypto is volatile—only invest what you can afford to lose. Track prices with the app's charts and set stop-loss orders as you gain confidence.
Frequently Asked Questions (FAQs)
1. How do I create a Coinbase account if I'm new to crypto?
Follow the email sign-up steps above—it's free and takes under 5 minutes. Visit coinbase.com/sign-up to start.
2. What is Coinbase KYC verification, and why is it required?
KYC confirms your identity for regulatory compliance. Upload your ID and selfie via the app—it's quick and unlocks trading limits. Details at Coinbase Help.
3. Where can I download the official Coinbase app?
Get it safely from the App Store (iOS) or Google Play (Android). Avoid third-party sites to prevent scams.
4. How do I enable two-factor authentication (2FA) on Coinbase?
Head to Settings > Security > 2-Step Verification and set up an authenticator app. It's essential—do it immediately after sign-up. Guide: here.
5. What are the best Coinbase security settings for beginners?
Enable 2FA, use strong unique passwords, whitelist withdrawal addresses, and monitor login activity. Coinbase also offers biometric logins on mobile.
6. Can I start trading cryptocurrencies right after Coinbase sign up?
Yes, after KYC and funding your account. Begin with simple buys, then explore trades. Pro resources: Coinbase Learn.
Ready to launch your crypto adventure? Head to Coinbase today. If you have questions, drop a comment below—happy trading!