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How to deposit cash using Coinbase?

Alluka avatar
Written by Alluka
Updated over 4 months ago

In this article, we’ll guide you through the process of funding your wallet with cash using Coinbase. Whether you're completely new to cryptocurrency or just need some direction, we’ve got you covered!

If you don’t already have a Coinbase account, the process might take a little longer—but don’t worry! It’s simple, and we’ll walk you through every step to get you started quickly and easily.

Why is this necessary ?

To step into the blockchain world, you need to convert traditional money (like dollars or euros) into cryptocurrency, and that’s where platforms like Coinbase come in. These exchanges make it easy to buy digital currencies like Solana, which you can then use for exciting possibilities, such as purchasing Meme Coins.

It might sound complex, but don’t worry—we’re here to make it simple! For more details about Solana and its role in this process, check out our article, “What is Solana?”

Step 1: Deposit funds

  • Press the “Deposit Cash” button at the right top corner next to “My Wallet” or right bottom corner below “Buy” on home page

  • Select “Transfer from an exchange”

Step 3: Select Pay with Coinbase

  • Select “Pay with Coinbase” - click the button at the top of the page

  • Two options will appear:

    • Log into your wallet with your security identification either “ICloud Keychain, and using your phone or tablet or by entering your email

  • Complete transaction

How to create a Coinbase account to deposit cash

In case you do not have a Coinbase account, we’ll walk you through how to easily create one!

Step 1: Deposit funds

  • Press the “Deposit Cash” button on at the top right corner next to “My Wallet” or right bottom corner below “Buy” on home page

  • Select “Transfer from an exchange”

Step 2: Create a Coinbase Account

  1. Initial Steps

  • “Sign up” pressing the button on the right top corner of the website

  • Select “Individual” or “Business”.

  • Enter your email address and select “Continue”.

  • Enter the verification code Coinbase sends to your email address.

  • Create a password and select “Continue”.

  • Enter your first and last name exactly as they appear on your government-issued ID and select “Continue”.

  • Enter your phone number to receive an SMS verification code and select “Continue”.

  • Enter the verification code to proceed to the next step

  1. Add your personal information

  • Continue by certifying you’re 18 years or older and select “Continue”.

  • Add name as it appears on the ID you’ll use for verification.

  • Select your citizenship.

  • Validate the last four digits of your Social Security number.

  • Ensure your personal information matches the details on your government-issued photo ID and select Confirm.

  • Complete the remaining on-screen questions

  • Select submit- this will take you to Coinbase’s home page

Step 3: Finish verification process

  • View Coinbase home page

  • Add “Payment Method”

  • Debit card or link Bank Account for larger sums

  • Select Debit card

  • Link your Debit card

  • Check the debit card “recent activity” and search for two small transactions to verify it is you. They will be canceled and you will not be charged

  • Select “Buy Solana” and add at least $22 - It is very important that you select Solana as it is the digital coin you will need to buy meme coins on Cascade

  • Press “Verify Identity”

  • Select the Type of ID, (driver license recommended)

  • Once verified, you are ready to buy Solana and get back to your Cascade’s account to buy Meme Coins!

Step 4: Last Step! - Start trading memecoins

  • Press the “Deposit Cash” button on at the top right to corner next to “My Wallet” or right bottom corner below “Buy”

  • Select “Transfer from exchange”

  • At this stage, your Coinbase account is successfully linked to Cascade. Simply choose the amount of cash you’d like to convert to Solana. Keep in mind that you can only fund your Cascade wallet with the balance currently available in your Coinbase account. If you need to deposit more, you can easily add funds to your Coinbase wallet and complete the purchase directly through Cascade.

  • After funding your account, return to the main menu to view your updated balance. It might take a moment to reflect, so if you don’t see the new balance right away, simply refresh the page. Your updated balance will appear in the bottom right corner of the page, just above the “Buy” button.

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