How to Buy Ethereum in Iceland

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

Step 1

Sign up to Coinmama

Use the following button for creating an account at Coinmama.

Use an email address, pick out 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.

Step 2

Verify your account


In order to buy (ETH) Ethereum with EUR or USD, you have to provide your date of birth, country, phone number and name alongside with extra support documents which verify your identity.

Those supporting documents are a valid ID, like Driver license or Passport and sometimes also Proof of Residence Document like Credit card statement, Payroll statement -or- Official salary document from employer, Residence certificate or Tax document.


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

Step 3

Start buying Bitcoin by depositing fiat currencies, like EUR or USD


Staking your account with EUR or USD for trading can be done in a number of ways, including SWIFT, SEPA and domestic wire transfers and creditcard.

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

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

With your account you will also 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.

Congratulations! You've successfully purchased and safed Ethereum in Iceland.

That's it!

A couple more guides:

How to buy Ethereum