How to Buy Ethereum in Mongolia

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

Step 1

Sign up to Coinmama

Use the following link and create an account at Coinmama.

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

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

Step 2

Verify your account


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

The 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, Credit card statement, Tax document or Residence certificate.


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

Step 3

Go ahead buying BTC by depositing EUR or USD


Staking your account with EUR or USD for swaping can be done different ways, which includes domestic wire transfers, SEPA and SWIFT and 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, and 24-hour support.

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

Congrats! You've successfully bought and safed Ethereum in Mongolia.

That's it!

A couple more tutorials:

How to buy Ethereum