How to Buy Ethereum in Micronesia

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

Step 1

Make a Coinmama account

Use the following link and create an account at Coinmama.

Provide an email address, choose a username, and select a secure, strong password.

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

Step 2

Verification of your account


In order to buy ETH with fiat currencies, like USD or EUR, you have to provide your name, date of birth, country and phone number as well as extra support documents verifying your identity.

The supporting documents are a valid ID, like Passport, Drivers license or National identity card (front + back) and sometimes as well Proof of Residence Document like 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 forbid identity fraud or theft.

Step 3

Begin purchasing BTC by depositing fiat currencies, like EUR or USD


Backing your account with fiat currencies, like USD or EUR for swaping can be done different ways, including SWIFT, SEPA and domestic wire transfers and debitcard.

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

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

With your account you’ll as well have access to charting tools, and 24-hour support.

For buying Bitcoin you will also need to have a wallet.

Congratulations! You have successfully bought and safed Ethereum in Micronesia.

That's it!

A couple more instructions:

How to buy Ethereum