A Step-by-Step-Guide on how to buy Ethereum in Grenada
Sign up to Coinmama
Use the following link for signing up at Coinmama.
Provide an email address, take a username, and use a strong, secure password.
The infrastructure and webpage of Coinmama is fast and secure, so you're personal info is safe.
Verify your account
In order to buy (ETH) Ethereum with fiat currencies, like EUR or USD, you have to provide your country, date of birth, name and phone number alongside with additional 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 as well Proof of Residence Document like Bank statement, Utility bill(water, electricity, gas, internet, phone), Insurance statement, Residence certificate or Tax document.
The reason for this strict verification is to prevent identity theft or fraud.
Commence ordering Bitcoin by depositing EUR or USD
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 ETH.
With your account you’ll as well have access to charting tools, 24-hour global client support, leveraged trading and advanced order types.
For buying BTC you'll also need to have a wallet.
Congrats! You have successfully bought and safed Ethereum in Grenada.