Part of our goal at Coinbase is to make acquiring Bitcoin as easy as possible. Since August, we’ve had an instant-buy feature available to users who have made a purchase and been with us for 30 days.
Starting today, all new Coinbase users can acquire a small amount of bitcoin (just 1) without the 30-day wait period provided they meet the rest of the required verifications (verifying their ID and adding a backup credit card).
Traditionally it has taken a few business days for new users to acquire bitcoin for the first time, even though they want it immediately. With this change, a bitcoin newbie can acquire their first bitcoin in the time it takes to link and verify their payment methods - 10 minutes or less.
Check it out and try buying some bitcoin instantly!
And while you’re at it, let your friends know that they too can get their first bitcoin in a matter of minutes. If you use our referral options, both you and your friend will get $5 of Bitcoin!