8
How to Buy Coinbase Stock (COIN)

How to Buy Coinbase Stock (COIN)
Coinbase, a major cryptocurrency exchange, is a publicly traded company. Here’s how to buy Coinbase stock.Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.
The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.
Updated · 3 min read Written by Managing Editor + more + more Edited by Head of Content, Investing & Taxes Nerdy takeaways When Coinbase went public, it marked a milestone in the world of cryptocurrencies, as Coinbase is the first pure-play crypto trading company to list on a U.S. exchange. Coinbase has since become the first crypto exchange to join the S&P 500. » Confused? Learn more about cryptocurrencies » Confused?How to buy Coinbase stock
You can buy Coinbase stock through a brokerage account. You'll need to add money to the account and then search for Coinbase stock within the brokerage's platform using the symbol "COIN." You cannot buy Coinbase stock directly from Coinbase the company. » Check out the best brokerage accounts for stock trading » Check out Here's the simple way to buy Coinbase stock: Here's the simple way to buy Coinbase stock: 1. Open a brokerage account. 2. Search for Coinbase stock within your brokerage account's platform. 3. Decide how much you want to buy, in dollars or shares. 4. Hit "buy." Brokerage firms Learn more Learn moreon Charles Schwab's website
Learn more Learn moreon E*TRADE's website
Learn more Learn moreon Vanguard's website
Learn more Learn moreon Fidelity's website
If you’re considering adding Coinbase to your portfolio, you may want to think about your purchase carefully. There are a lot of factors that go into buying a stock, and it's good to go in having done a little research. Here's the longer version of how to buy Coinbase stock.Key Terms:
Blockchain: A tamper-resistant record of crypto transactions. It keeps track of who owns what digital assets, and when crypto is bought and sold. Blockchain Coins or tokens: Units of cryptocurrency. Coins or tokens Cryptocurrency: A class of digital assets that circulate without a central monetary authority like a bank. Cryptocurrency Cryptocurrency exchange: A platform where cryptocurrencies may be traded. Cryptocurrency exchange Crypto wallet: Stores digital assets. Crypto wallet: Pure-play company: Publicly traded company focused on a single line of business (or industry). Pure-play company Below, learn how to buy Coinbase stock.1. Research the future of cryptocurrency
What's unique about Coinbase stock is that your investment’s potential success is tied to the popularity and trading volume of cryptocurrencies. Cryptocurrency stocks give investors a way to get exposure to the cryptocurrency market without directly investing in cryptocurrency. When you invest in a company, it’s a vote of confidence in the company itself, but it also shows you expect demand for its product or service to rise, too. Do you believe there’s a future for cryptocurrencies, like Bitcoin, Ethereum and the dozens of altcoins available to trade on Coinbase? Do you believe cryptocurrency is the “future of money” that could usher in an “open financial system around the world,” as Coinbase states on its website? Or, is this all just a fad? An exchange like Coinbase is highly susceptible to changes in demand, and if crypto loses its appeal and users stop exchanging on Coinbase, this could impact revenue. Just as you would want a thorough understanding of the renewable energy market before investing in a renewable energy company, you’ll want to fully wrap your head around cryptocurrencies before investing in a pure-play crypto company. AdvertisementCharles Schwab
E*TRADE
Fidelity
NerdWallet rating NerdWallet rating NerdWallet ratingFees
$0 per online equity tradeFees
$0 per trade. Other fees apply.Fees
$0 per trade for online U.S. stocks and ETFsAccount minimum
$0Account minimum
$0Account minimum
$0Promotion
Up to $500 when you make a qualifying net depositPromotion
Get up to $1,500 when you open and fund an E*TRADE brokerage account. Terms apply.Promotion
None no promotion available at this time Learn more Learn more Learn more Learn more Learn more Learn more