How to Buy Ethereum in Barbados

A Step-by-Step-Guide on how to buy Ethereum in Barbados

Step 1

Sign up for a Coinmama account

Use the following button and signup at Coinmama.

Use an email address, take a username, and select a secure, strong password.

The infrastructure and website of Coinmama is secure and fast, so you're personal data is safe.

Step 2

Verification of your identity

In order to buy (ETH) Ethereum with fiat currencies, like EUR or USD, you will need to provide your date of birth, country, phone number and name as well as additional support documents verifying your personal identity.

The supporting documents are a valid ID, like Passport, Drivers license or National identity card (front + back) and sometimes also Proof of Residence Document like Payroll statement -or- Official salary document from employer, Insurance statement, Tax document or Residence certificate.

Such an verfication of identity is there to avert identity theft or fraud.

Step 3

Start buying BTC by depositing EUR or USD

Backing your account with USD or EUR for trading can be done different ways, including domestic wire transfers, SWIFT and SEPA and debitcard.

The option you choose will be based on your preference and location.

Once your fiat currency hits your account, that amount will be converted to ETH.

Alongside your account you’ll also have access to support, charting tools and leveraged trading.

For buying Bitcoin you'll also need to have a wallet.

Kudos! You have successfully bought and stored Ethereum in Barbados.

That's it!

A couple more tutorials:

How to buy Ethereum