How to Buy Bitcoin in Cyprus

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

Step 1

Create a Coinmama account

Use the following link and signup at Coinmama.

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

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

Step 2

Verification of your identity


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 as well as additional support documents which verify your personal identity.

Those supporting documents are a valid ID, like Driver license or Passport and sometimes also Proof of Residence Document like Bank statement, Utility bill(water, electricity, gas, internet, phone), Payroll statement -or- Official salary document from employer, Insurance statement, Residence certificate or Tax document.


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

Step 3

Go ahead buying Bitcoin by depositing fiat currencies, like USD or EUR


Staking your account with EUR or USD for exchanging can be done in a number of ways, which includes SEPA, SWIFT and domestic wire transfers or creditcard.

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

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

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.

Congrats! You have successfully bought and stored Bitcoin in Cyprus.

That's it!

A couple more instructions:

How to buy Bitcoin