A Step-by-Step-Guide on how to buy Bitcoin in Eritrea
Make a Coinmama account
Use the following button and signup at Coinmama.
Provide an email address, take a username, and use a secure, strong password.
The infrastructure and website of Coinmama is fast and secure, so you're personal info is safe.
Verify your account
In order to buy (BTC) Bitcoin with 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.
The supporting documents are a valid photo ID, like Passport, Drivers license or National identity card (front + back) and sometimes also Proof of Residence Document like Bank statement, Credit card statement, Residence certificate or Tax document.
The reason for this strict verification is to forbid identity fraud or theft.
Commence buying BTC by depositing fiat currencies, like USD or EUR
Funding your account with EUR or USD for exchanging can be done distinct ways, which includes domestic wire transfers, SWIFT and SEPA or creditcard.
The variant you choose will be based on your preference and location.
After your fiat currency strikes your account, that amount will be converted to BTC.
Alongside your account you will as well have access to support, charting tools and leveraged trading.
For buying BTC you'll also need to have a wallet.
Congrats! You have successfully purchased and stored Bitcoin in Eritrea.
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