A Step-by-Step-Guide on how to buy Ethereum in South Africa
Create a Coinmama account
Use the following button and join at Coinmama.
Supply an email address, take a username, and use a strong, secure password.
The infrastructure and website of Coinmama is fast and secure, so you're personal info is safe.
Verification of your account
In order to buy ETH with EUR or USD, you will need to provide your country, date of birth, name and phone number as well as additional support documents verifying your personal identity.
Those supporting documents are a valid photo ID, like National identity card (front + back), Passport or Drivers license and sometimes also Proof of Residence Document like Utility bill(water, electricity, gas, internet, phone), 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.
Start purchasing Bitcoin by depositing USD or EUR
Funding your account with fiat currencies, like USD or EUR for swaping can be done different ways, which includes SWIFT, SEPA and domestic wire transfers and creditcard.
The variant you choose will be based on your location and preference.
Immediately after your fiat currency hits your account, that amount will be converted to ETH.
Alongside your account you’ll as well have access to charting tools, 24-hour global client support, leveraged trading and advanced order types.
For recieving Bitcoin you will also need to have a wallet.
Congrats! You have successfully purchased and stored Ethereum in South Africa.