How to Buy Ethereum in Faroe Islands

A Step-by-Step-Guide on how to buy Ethereum in Faroe Islands

Step 1

Join Coinmama

Use the following link and join at Coinmama.

Supply an email address, pick out a username, and use a secure, strong password.

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

Step 2

Verify your account


In order to buy Ethereum with EUR or USD, you’ll need to provide your country, date of birth, name and phone number as well as additional support documents which verify your identity.

Those supporting documents are a valid photo ID, like Driver license or Passport and sometimes as well Proof of Residence Document like Bank statement, Insurance statement, Residence certificate or Tax document.


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

Step 3

Commence purchasing Bitcoin by depositing fiat currencies, like USD or EUR


Backing your account with fiat currencies, like EUR or USD for exchanging can be done in a number of ways, which includes domestic wire transfers, SWIFT and SEPA or debitcard.

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

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

Alongside your account you’ll also have access to charting tools, and 24-hour support.

For recieving BTC you'll also need to have a wallet.

Congratulations! You've successfully purchased and stored Ethereum in Faroe Islands.

That's it!

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How to buy Ethereum