How to Buy Ethereum in Palau

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

Step 1

Make a Coinmama account

Use the following link and make an account at Coinmama.

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

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

Step 2

Verification of your account


In order to buy (ETH) Ethereum with fiat currencies, like EUR or USD, you will need to provide your name, date of birth, country and phone number 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 Credit card statement, Payroll statement -or- Official salary document from employer, Residence certificate or Tax document.


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

Step 3

Commence purchasing BTC by depositing EUR or USD


Funding your account with fiat currencies, like USD or EUR for trading can be done in a number of ways, which includes domestic wire transfers, SWIFT and SEPA or debitcard.

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

After your fiat currency hits your account, that amount will be converted to Ethereum.

With your account you’ll also have access to charting tools and global support.

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

Kudos! You have successfully bought and stored Ethereum in Palau.

That's it!

A couple more tutorials:

How to buy Ethereum