A Step-by-Step-Guide on how to buy Ethereum in Svalbard
Use the following link and signup at Coinmama.
Supply 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.
Verification of your identity
In order to buy ETH with fiat currencies, like EUR or USD, you’ll need to provide your name, date of birth, country and phone number alongside with extra support documents which verify your identity.
The supporting documents are a valid ID, like National identity card (front + back), Passport or Drivers license and sometimes also Proof of Residence Document like Credit card statement, Utility bill(water, electricity, gas, internet, phone), Payroll statement -or- Official salary document from employer, Insurance statement, Tax document or Residence certificate.
The reason for this strict verification is to prevent identity fraud or theft.
Commence buying Bitcoin by depositing USD or EUR
Funding your account with fiat currencies, like USD or EUR for swaping can be done different ways, including SWIFT, SEPA and domestic wire transfers and creditcard.
The option you choose will be based on your preference and location.
After your fiat currency arrives in your account, that amount will be converted to ETH.
Alongside your account you will as well have access to charting tools and global support.
For buying Bitcoin you will also need to have a wallet.
Congratulations! You've successfully bought and safed Ethereum in Svalbard.
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