How to Buy Bitcoin in Bolivia

A Step-by-Step-Guide on how to buy Bitcoin in Bolivia

Step 1

Create a Coinmama account

Use the following link for creating an account at Coinmama.

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

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

Step 2

Verification of your account


In order to buy Bitcoin (BTC) with fiat currencies, like EUR or USD, you will need to provide your phone number, name, country and date of birth as well as additional 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 also Proof of Residence Document like Bank statement, Credit card statement, Utility bill(water, electricity, gas, internet, phone), Residence certificate or Tax document.


Such an verfication of identity is there to prevent identity fraud or theft.

Step 3

Commence ordering Bitcoin by depositing fiat currencies, like EUR or USD


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

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

After your fiat currency hits your account, that amount will be converted to Bitcoin.

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

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

Kudos! You've successfully purchased and stored Bitcoin in Bolivia.

That's it!

More instructions:

How to buy Bitcoin