Coinbase Company Investment: Registering Your Business Interest

Coinbase is a cryptocurrency exchange that allows businesses to trade cryptocurrencies. The process of registering a company investment on Coinbase is straightforward but requires more information than opening a personal account. This guide will take you through the steps to register your company investment on Coinbase, including the required documents and information. By following these steps, businesses can quickly and efficiently complete the registration process and start using their Coinbase business account.

How to Register a Company Investment on Coinbase

Visit coinbase.com and select 'sign-up'

To get started with registering a company investment on Coinbase, the first step is to visit the official Coinbase website at coinbase.com. From the homepage, you'll see an option to sign up or create an account. Click on the "Sign Up" button to initiate the account creation process.

At this stage, you will be prompted with a new window where you must choose the type of account you wish to create. Since you are registering a company investment, select the "Business Account" option. This selection is crucial as it tailors the subsequent steps to your specific needs as a business entity.

Coinbase will then guide you through a series of steps to complete the registration process. Each step will require specific information and documents from you, so it's important to have these readily available. The process is relatively straightforward, but it may be more time-consuming compared to opening a personal account due to the additional legal and sign-up requirements for businesses.

As you proceed, you will be asked to create your business profile, including providing your company's legal entity name and selecting your client type. You will also need to specify additional legal entity details, such as the entity type (non-profit, cooperative, corporation, etc.), anticipated monthly activity, top country selection, and funding sources for your Coinbase business account.

By visiting coinbase.com and selecting "Sign Up," you will be well on your way to establishing a company investment account on Coinbase. The subsequent steps will involve providing detailed information about your business, ensuring compliance with legal requirements, and setting up security measures to protect your account.

Complete the application with your personal details

To complete the application with your personal details, you will need to first visit the official Coinbase website and click on the sign-up button. You will then be prompted to choose the type of account you wish to create; in this case, select the business account option.

Next, you will need to create your business account by providing your first and last name, email address, and a chosen password. It is important to note that you will also be required to set up two-step verification during this step. This involves entering your business phone number to receive an SMS code, which you will then enter to complete the process. Additionally, you will need to verify your email address, which is used to create the account.

Once you have completed the initial sign-up process, you will need to provide additional information about your organisation and business. This includes entering the legal entity name, which is your company name. You will also need to select your client type by indicating the type of business you operate. This could include options such as non-profit, cooperative, or corporation.

Furthermore, you will be required to provide additional legal entity details, such as the anticipated monthly activity, your top five country selections, and funding sources for your Coinbase business account. This step is crucial as it allows Coinbase to personalise your business needs and offer the necessary products and services.

Set up two-step verification

Setting up two-step verification for your company's Coinbase account is a straightforward process that significantly enhances security. This guide will walk you through the necessary steps to achieve this.

Firstly, ensure that you have the required items to set up two-step verification. You will need a mobile phone with a SIM card and network connectivity, a compatible authenticator app, and a physical security key device.

There are three methods to set up two-step verification on Coinbase, each offering varying levels of security. These methods can be used individually or in combination for even stronger protection.

2-Step Verification via SMS

This method is considered moderately secure by Coinbase. To set it up, simply enter your mobile phone number and request a code. You will receive a 7-digit code via SMS, which you then enter and submit. The next time you sign in, you will receive an SMS code to verify your identity.

2-Step Verification via Authenticator App

Using an authenticator app, such as Authy or Google Authenticator, provides a more secure option. Start by signing into your Coinbase account and accessing the Security settings. From there, scroll down to the 2-step verification section and select "Authenticator" from the "Other Options." Enter the 7-digit code sent to your phone and confirm. A QR code will appear, which you will scan using your chosen authenticator app.

2-Step Verification via Security Key

For the strongest security, Coinbase recommends using a security key. These physical keys work offline, making them highly secure. To set this up, sign into your Coinbase account, access the Security settings, and scroll down to the 2-step verification section. Select "Security Key" from the "Other Options." Follow the prompts to complete the setup, including inserting the security key into your computer's USB drive when instructed.

It is important to note that security keys are not yet supported on the Coinbase mobile app or certain browsers, so keep this in mind when choosing this option.

By following these steps, you can effectively set up two-step verification for your company's Coinbase account, ensuring an additional layer of security to protect your crypto assets.

Provide business registration documents

To register a company investment on Coinbase, you will need to submit an application for a Coinbase Business Account. This account will allow your business to buy, sell and store cryptocurrency.

Coinbase will ask for a range of information about your business, including its intended use of the Coinbase trading platform or Custody platform, and details about the ownership of your business.

As part of the application, you will need to provide business registration documents. These documents will prove the existence of your business and include:

• Articles/Memorandum of Association
• An Authorised Representative List
• Proof of Entities Operating Address
• Shareholders/Members Register

Additionally, you will need to provide a business registration certificate, and documents that prove the existence of your business. These documents should include:

• Country and State of Incorporation
• Business Description
• Number of Employees Globally
• Fund Assets Under Management

Prove your company has enough capital to trade cryptocurrencies

To prove your company has enough capital to trade cryptocurrencies on Coinbase, you will need to go through an onboarding and verification process. This is to ensure that your business meets the legal and sign-up requirements.

Firstly, you will need to provide proof of your company's existence, including a business registration certificate and other documents such as articles of association, a memorandum of association, and a list of authorised representatives. You will also need to provide an operating address and a shareholders/members register. Additionally, you will need to link a bank account or credit/debit cards to facilitate purchases.

Secondly, you will need to provide specific details about your business. This includes information such as the country and state of incorporation, a description of the business, the number of employees globally, and the fund assets under management.

Coinbase also has a minimum balance requirement for business accounts. To ensure your business has enough traction, you will need to maintain a minimum balance of $1,000 in your Coinbase business account.

Finally, during the business verification step, you will need to submit operational details, tax and billing information, and authorised applicant contact details, including name, email address, date of birth, ID type, and LinkedIn URL.

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