In this article, I will explain the steps for purchasing Trump Coin on Coinbase and do a walk-through to help you with the process.
Regardless if you are a novice or a seasoned investor, you will find my instructions for signing up, identity verification, adding payment methods, and buying Trump Coin on Coinbase secure and easy to follow.
What is Trump Coin?
The cryptocurrency “Trump Coin” was developed to pay tribute to the former president Donald Trump and his followers. It was created in 2018 and is frequently used to show support for Trump’s political agenda.
Although, it is not a popular or widely recognized cryptocurrency, Trump Coin attempts to offer a provision that enables users with similar ideologies to invest and trade using a coin that symbolizes their beliefs.
Meme cryptocurrencies inspired by a specific theme or niche have dosha not gained widespread popularity, and is frequently associated with meme-based currencies.
Its value continues to remain unstable and, like many other currencies, has not been listed on major exchanges such as Coinbase, but aims to facilitate users with corresponding ideologies.
How To Buy Trump Coin on Coinbase
Access Coinbase
Visit the web address coinbase.com and either create a profile or log into an existing one. →→
Complete Identity Check
The KYC (Know Your Customer) process has to be done by providing id verification documents.
Add Method of Payment
Payment methods like credit cards, bank accounts, checks, or other suitable methods can now be added to your account.
Look For OFFICIAL TRUMP
Use the search function on the Coinbase website to look for “OFFICIAL TRUMP”, or “TRUMP” and select the one with the ticker: TRUMP
Customize Purchase Settings
Indicate the sum you wish to purchase, in this case TRUMP, and the payment set prior. Select pay now.
After confirming the order, check the transaction details like fees that tend to be charged prior to confirming.
Protect Assets
It is advisable to transfer your Trump tokens purchased over to a private wallet for better protection.
Is Trump Coin a Good Investment?
Investors looking into Trump Coin should note the risks associated with it including high volatility, centralized distribution, and possible conflict of interests. With a high volatility risk, Trump Coin’s value skyrocketed to $75 after it’s launch in January 2025, plunging down to around $7.99 now.
Concerns over the Trump families ownership also come into play since, reportedly, companies controlled by the Trump family hold 80 percent of the entire tokens, questioning whether there is market manipulation and raising ethical issues.
Furthermore, the pro-cryptocurrency policies by the Trump administration give rise to the implications of the conflicts of interest accusations which are straining the investment environment. In light of the aforementioned, potential investors need to be careful with research before making the investment decision in Trump Coin.
How long does it take to buy Trump Coin on Coinbase?
Time Estimate for Buying Trump Coin Using Coinbase
- Completing Purchases Instantly: Purchases done through PayPal and debit card can be completed instantly.
- Transfers via Bank (ACH or Wired): These could take up to 1-3 business days to process based on your location and bank.
- Freedom to Use Trump Coin: Confirm that Trump Coin is featured on Coinbase. If it isn’t, you may want to look at other exchanges or think about more traditional options.
Guide on Speedy Transaction Completion
- Payment via Debit Card and Paypal: Compared to bank transfers, these methods ensure fast processing.
- Identity Verification: Completing KYC can significantly speed up subsequent transactions.
What are the fees for purchasing Trump Coin on Coinbase?
Buying OFFICIAL TRUMP (TRUMP) on Coinbase comes with certain fees which differ based on your location, payment method, and transaction size.
Alongside payment method, order size, market conditions, and asset type, Coinbase also considers other factors while calculating fees for a customer’s order.
To ensure that you receive the most trustworthy guidance, it is advisable to check the official fee and pricing resources of Coinbase or reach out to their customer support interface for the latest and most precise fee details.
The recent introduction of the TRUMP meme coin by Donald Trump has reignited the conversation of cryptocurrency regulations alongside potential conflict of interests.
Conclusion
To summarize, purchasing Trump Coin on Coinbase is simple as all it requires is to create an account, verify your identity, add a payment method, and make the purchase.
Although it is crucial to track availability and fees, Coinbase maintains a simple interface for the secure acquisition of Trump Coin. Other than that, conduct due diligence and remain vigilant while investing in cryptocurrencies.
