A Step-by-Step-Guide on how to buy Ethereum in Ethiopia
Sign up to Coinmama
Use the following link for signing up at Coinmama.
Use an email address, choose a username, and pick a strong, secure password.
The infrastructure and webpage of Coinmama is fast and secure, so you're personal info is kept safe.
Verification of your identity
In order to buy (ETH) Ethereum with fiat currencies, like EUR or USD, you’ll need to provide your phone number, name, country and date of birth as well as additional support documents which verify your identity.
Those supporting documents are a valid photo ID, like National identity card (front + back), Passport or Drivers license and sometimes as well Proof of Residence Document like Residence certificate or Tax document.
The reason for this strict verification is to prevent identity theft or fraud.
Begin ordering BTC by depositing fiat currencies, like USD or EUR
Backing your account with USD or EUR for trading can be done different ways, which includes SEPA, SWIFT and domestic wire transfers and creditcard.
The option you select will be based on your preference and location.
After your fiat currency strikes your account, that amount will be converted to ETH.
Alongside your account you will also have access to charting tools, advanced order types, leveraged trading and 24-hour global client support.
For buying Bitcoin you will also need to have a wallet.
Congratulations! You've successfully bought and safed Ethereum in Ethiopia.
A couple more guides: