A Step-by-Step-Guide on how to buy Bitcoin in Benin
Create a Coinmama account
Use the following button and create an account at Coinmama.
Use an email address, pick out a username, and select a strong, secure password.
The infrastructure and webpage of Coinmama is secure and fast, so you're personal data is kept safe.
Verification of your account
In order to buy BTC with fiat currencies, like USD or EUR, you’ll 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 Driver license or Passport and sometimes also Proof of Residence Document like Credit card statement, Tax document or Residence certificate.
The reason for this strict verification is to stop identity fraud or theft.
Commence buying Bitcoin by depositing fiat currencies, like USD or EUR
Funding your account with fiat currencies, like USD or EUR for trading can be done distinct ways, including domestic wire transfers, SEPA and SWIFT or debitcard.
The variant you choose will be based on your preference and location.
After your fiat currency hits your account, that amount will be converted to Bitcoin.
With your account you’ll as well have access to charting tools, and 24-hour support.
For buying BTC you'll also need to have a wallet.
Congrats! You've successfully bought and stored Bitcoin in Benin.