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Buy and Transfer Bitcoins to Predictious with Coinbase

Last Updated: Apr 23, 2014 09:32PM IST
The main US website to buy Bitcoins is Coinbase.com, it's actually the quickest way to buy Bitcoin, please read below to learn how to buy and transfer Bitcoins to Predictious using Coinbase.

Note that there are more options to buy Bitcoins, check here to see a list of
 major exchanges, and check here to see instructions to buy and transfer Bitcoins to your Predictious account with Bitstamp.net.

Here are the instructions to buy Bitcoins from Coinbase:
  1. Open a Coinbase account: Sign up for a Coinbase account from the page https://coinbase.com/signup. For this you need to specify: your email address, a password. Coinbase will then send you an email so that you verify your email address and accept their terms and conditions.
     
  2. Add your bank account: Once your Coinbase account has been created, go to your Coinbase payment page to add your bank account details. You will need to specify your bank account routing number, bank account number and the full name of your bank account.
     
  3. Verify your bank account: To verify your bank account, you have the 2 following options: Instant account verification or Deposit verification. See details below:
     
  4. Verify your phone number: Once you have verified your bank account, you need to verify your phone number from this page. This phone number will be used to enable two-factor authentication on your account. You will need to install the app Authy. Note that you have the alternative to use Google Authenticator. 
     
  5. Buy Bitcoins: Once you've completed 1 to 4, you're all set, you can buy Bitcoins from the page https://coinbase.com/buys​
  6. You just need to enter the amount of Bitcoins and Coinbase will tell you how much you need to pay.
  7. Transfer your Bitcoins to Predictious: To transfer Bitcoins onto your Predictious account:
    • Login onto www.predictious.com and go to the My Account > Deposit funds (you can find this link by clicking your email address on the top right corner).
    • From your Predictious Deposit Funds page, you'll be able to find your personal Predictious Bitcoin wallet address (see image below for an example).
    • You then need to go to your Coinbase account > Transaction page and click on "Send Money".
      Enter your unique Predictious Bitcoin wallet address, and the number of Bitcoins you want to send to your Predictious account:
    • In your Predictious account > Deposit tab you will see the deposit and a progress bar informing you of the progress of the transfer. Note that we wait for 6 confirmations from the Bitcoin network for your funds to be available. Again, it should take about an hour (or less) when you pay the Faster Processing fee.
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