Buy Bitcoin with your Credit or Debit Card via Coinbase
This section will show you how to buy Bitcoin via Credit/Debit card using CoinBase.
If you already have Bitcoin and you would like to deposit via Bitcoin then please follow the instructions of section 7 on this page.
1. Create an Account on Coinbase
Once you create an account, confirm your personal details and login. You may be asked to upload a scan of ID. Once you’ve logged in, continue to the next step.
2. Navigate to account settings
Navigate to the top right corner and click on your name. There should be a drop-down menu where you can click “Settings”. Then click “Linked Accounts” on the menu at the top and you should see something that looks like this:
Click on “Link a New Account” in the right corner.
3. Click “Credit/Debit Card”
4. Enter your Credit/Debit Card Information
Note that Coinbase only accepts Visa and Mastercard credit/debit cards at this time.
You should see a confirmation like the one below. If so, your credit/debit card has been successfully added!
6. Buy Bitcoin
Go to the buy page and you should see a widget that looks like the image below:
Enter the amount you want to buy, and click “Buy Bitcoin Instantly”. Your coins will then be delivered to your Coinbase wallet!
7. Deposit on Hugo’s Way using Bitcoin
Now that you have Bitcoin, its time to fund your Hugo’s Way account. To do this you will need to login to your Hugo’s Way client portal https://app.hugosway.com and
- Select “Deposit” or “Deposit Funds”
- Then select “Deposit Type = Bitcoin”
- Type the amount you wish to fund
- Next, click the “Redirect me to payments page”
Once you click “Redirect me to payments page” you will be presented with a unique Bitcoin address which will look like a string of random numbers and letters.
Make note of this “Address” and head back over to CoinBase and click on “Accounts” and then click “Send”. Enter the Bitcoin address into the “Payout Address”, select how many Bitcoin you would like to send and click on “Send”.
CoinBase will then send you an email to verify the transaction, so check your email and click on the “Confirm Withdrawal” button.
That’s it, check your Hugo’s Way client portal and your Bitcoin will be credited once it has 6 confirmations. The speed of confirmations is determined by the blockchain. You can check progress here: https://www.blockchain.com/en/explorer by putting in the address you send bitcoin to in the search bar.
The amount of bitcoin you send whether higher or lower will be credited to your account automatically.