How to Buy Ethereum in Paraguay

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

Step 1

Create a Coinmama account

Use the following link and join at Coinmama.

Supply an email address, pick out a username, and select a secure, strong password.

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

Step 2

Verify your account


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

Those supporting documents are a valid photo ID, like Passport, Drivers license or National identity card (front + back) and sometimes also Proof of Residence Document like Bank statement, Utility bill(water, electricity, gas, internet, phone), Payroll statement -or- Official salary document from employer, Tax document or Residence certificate.


The reason for this strict verification is to prevent identity theft or fraud.

Step 3

Start buying Bitcoin 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 or debitcard.

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

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

With your account you’ll also have access to charting tools, 24-hour global client support, leveraged trading and advanced order types.

For recieving Bitcoin you'll also need to have a wallet.

Congrats! You've successfully bought and stored Ethereum in Paraguay.

That's it!

Some more instructions:

How to buy Ethereum