A Step-by-Step-Guide on how to buy Ethereum in Malawi
Sign up to Coinmama
Use the following button and join 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 data is safe.
Verification of your identity
In order to buy Ethereum (ETH) with USD or EUR, you’ll need to provide your phone number, name, country and date of birth alongside with additional support documents which verify your identity.
The supporting documents are a valid photo ID, like Driver license or Passport and sometimes as well Proof of Residence Document like Bank statement, Credit card statement, Insurance statement, Residence certificate or Tax document.
Such an verfication of identity is there to forbid identity theft or fraud.
Commence buying Bitcoin by depositing USD or EUR
Staking your account with USD or EUR for trading can be done different ways, which includes domestic wire transfers, SEPA and SWIFT or creditcard.
The option you select will be based on your location and preference.
Immediately after your fiat currency hits your account, that amount will be converted to ETH.
With your account you will also have access to support, charting tools and leveraged trading.
For recieving Bitcoin you'll also need to have a wallet.
Kudos! You've successfully purchased and stored Ethereum in Malawi.
Some more instructions: