If you are a new investor with us, let this walk you through the investment process!
- Have a Desktop or Laptop computer available; an iPad/Tablet will work as well. You can do this on your mobile phone but we do not recommend it.
- Have your Bank account details available (Routing # and Account #) to connect your Coinbase account to your bank when you want to withdraw funds.
- Be aware that it can take 5-10 days for your first Bitcoin purchase to take place as Coinbase puts holds on initial transactions until they “know” you. As you do more transactions over time they will reduce the holds and increase your transaction dollar limits.
The investment process is as follows:
- Open a Coinbase (CB) account if you don’t have one.
- Connect your CB account to your bank account(s).
- For deposits of $10K or more do a Wire Transfer to Coinbase (it will take 3 days)
- Once the funds are in your account (USD Wallet), BUY your Bitcoin. This can take 5-8 days for new accounts.
- Once you own the Bitcoin (BTC) contact me by FB Messenger, Text or Email for a “Deposit Address” to send funds to our Custodial Account.
- Send the BTC to the Address I provide you. Do this from the [Accounts] screen where you click the [Send] button then enter the Deposit Address, enter an optional note and then click the [Continue] button. Click the button to Verify and complete the deposit from your end of things.
- I will confirm back to you when your deposit is fully settled in our account.
- Once fully settled, I will send you a confirming email along with a Deposit Summary document within 24 hours.
- Once you receive the Deposit Summary document, submit the New Client Onboarding Form so we know where to send your payouts.
As you can see there can be some delay in the process using Coinbase (5-10 days) or really any other Crypto Wallet so the sooner you get the account the better.
Question: How can I buy Bitcoin faster? I don’t want to wait 5-10 days…
Answer: There is a great website, LocalBitcoins.com, where you can buy Bitcoin (BTC) directly from local people or online the BTC same or next day