A Step-by-Step-Guide on how to buy Bitcoin in Dominican Republic
Make a Coinmama account
Use the following link and create an account at Coinmama.
Provide an email address, take a username, and use a secure, strong password.
The infrastructure and webpage of Coinmama is fast and secure, so you're personal info is safe.
Verify your account
In order to buy BTC with fiat currencies, like EUR or USD, you’ll need to provide your country, date of birth, name and phone number alongside with extra support documents which verify your personal identity.
The supporting documents are a valid photo ID, like Passport, Drivers license or National identity card (front + back) and sometimes as well Proof of Residence Document like Bank statement, Credit card statement, Payroll statement -or- Official salary document from employer, Insurance statement, Residence certificate or Tax document.
The reason for this strict verification is to forbid identity theft or fraud.
Begin purchasing Bitcoin by depositing USD or EUR
Staking your account with fiat currencies, like EUR or USD for swaping can be done different ways, including SEPA, SWIFT and domestic wire transfers and creditcard.
The variant you select will be based on your location and preference.
Once your fiat currency arrives in your account, that amount will be converted to Bitcoin.
With your account you will as well have access to charting tools, advanced order types, leveraged trading and 24-hour global client support.
For recieving BTC you will also need to have a wallet.
Kudos! You've successfully bought and stored Bitcoin in Dominican Republic.
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