Please note that fees are approximate and may vary based on your country or purchase size. These laws are in place to prevent money laundering or other criminal activities from occurring. Despite the intricate technology associated with and necessary for cryptocurrency investing, speculation and possession, Coinbase has created an apparatus that makes this process remarkably easy and familiar, almost like buying and selling stocks. Just enter in your name, email and password to sign up. Also, you can use the guide above to other cryptocurrencies supported on the exchange, such as ethereum, litecoin, XRP and more. Coinbase does not accept PayPal. The company plans to quickly add more cryptocurrencies to its platform with the help of the money that it has just raised.