How to Buy Ethereum in Venezuela

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

Step 1

Make a Coinmama account

Use the following link and join at Coinmama.

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

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

Step 2

Verify your identity


In order to buy ETH with fiat currencies, like EUR or USD, you will need to provide your date of birth, country, phone number and name alongside with extra support documents which verify your identity.

Those supporting documents are a valid ID, like National identity card (front + back), Passport or Drivers license and sometimes as well Proof of Residence Document like Bank statement, Credit card statement, Payroll statement -or- Official salary document from employer, Tax document or Residence certificate.


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

Step 3

Begin buying BTC by depositing fiat currencies, like USD or EUR


Backing your account with fiat currencies, like USD or EUR for exchanging can be done distinct ways, which includes domestic wire transfers, SEPA and SWIFT or creditcard.

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

Once your fiat currency arrives in your account, that amount will be converted to ETH.

Alongside your account you’ll as well have access to charting tools and global support.

For buying BTC you'll also need to have a wallet.

Congratulations! You have successfully purchased and safed Ethereum in Venezuela.

That's it!

Some more tutorials:

How to buy Ethereum