A Step-by-Step-Guide on how to buy Ethereum in Azerbaijan
Sign up to Coinmama
Use the following link for signing up at Coinmama.
Provide an email address, take a username, and use a secure, strong password.
The infrastructure and website of Coinmama is secure and fast, so you're personal data is safe.
Verify your identity
In order to buy Ethereum with EUR or USD, you have to provide your country, date of birth, name and phone number as well as extra support documents verifying your identity.
The supporting documents are a valid photo ID, like National identity card (front + back), Passport or Drivers license and sometimes also Proof of Residence Document like Bank statement, Residence certificate or Tax document.
The reason for this strict verification is to stop identity fraud or theft.
Commence purchasing BTC by depositing EUR or USD
Funding your account with EUR or USD for swaping can be done in a number of ways, which includes domestic wire transfers, SWIFT and SEPA and creditcard.
The option you choose will be based on your preference and location.
After your fiat currency arrives in your account, that amount will be converted to ETH.
Alongside your account you will also have access to charting tools and global support.
For buying Bitcoin you will also need to have a wallet.
Congrats! You've successfully bought and safed Ethereum in Azerbaijan.