How to Buy Ethereum in South Korea

A Step-by-Step-Guide on how to buy Ethereum in South Korea

Step 1

Sign up for a Coinmama account

Use the following link and create an account at Coinmama.

Supply an email address, choose a username, and use a secure, strong password.

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

Step 2

Verification of your account


In order to buy Ethereum with fiat currencies, like USD or EUR, you’ll need to provide your name, date of birth, country and phone number alongside with additional support documents verifying your identity.

Those supporting documents are a valid photo 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 prevent identity theft or fraud.

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 in a number of ways, which includes SEPA, SWIFT and domestic wire transfers or debitcard.

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

As soon as your fiat currency strikes your account, that amount will be converted to Ethereum.

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

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

Congratulations! You've successfully bought and safed Ethereum in South Korea.

That's it!

More guides:

How to buy Ethereum