A Step-by-Step-Guide on how to buy Ethereum in Hungary
Sign up to Coinmama
Use the following button and join at Coinmama.
Use an email address, take 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.
Verify your account
In order to buy Ethereum (ETH) with EUR or USD, you’ll need to provide your phone number, name, country and date of birth as well as additional support documents verifying your identity.
Those supporting documents are a valid ID, like Passport, Drivers license or National identity card (front + back) and sometimes also Proof of Residence Document like Bank statement, Utility bill(water, electricity, gas, internet, phone), Payroll statement -or- Official salary document from employer, Insurance statement, Residence certificate or Tax document.
The reason for this strict verification is to stop identity fraud or theft.
Begin ordering BTC by depositing USD or EUR
Backing your account with fiat currencies, like USD or EUR for exchanging can be done different ways, including domestic wire transfers, SWIFT and SEPA or debitcard.
The variant you select will be based on your location and preference.
When your fiat currency strikes your account, that amount will be converted to ETH.
With your account you’ll also have access to support, charting tools and leveraged trading.
For recieving Bitcoin you will also need to have a wallet.
Congrats! You've successfully purchased and stored Ethereum in Hungary.