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How to Buy Bitcoin on Coinbase (Coinbase Tutorial)Bitcoin is the odd combination of a �currency� backed by no one and an. �investment� involved in nothing. Instead of representing an innovative future of. Coinbase is a centralized cryptocurrency exchange platform for buying, selling, transferring, and storing cryptocurrencies such as Bitcoin, Bitcoin Cash. The process of buying was easy. In January , $ bought bitcoin. Coinbase charges small fees for trading, this cost 19 cents.