A Step-by-Step-Guide on how to buy Bitcoin in Iraq
Make a Coinmama account
Use the following link and join at Coinmama.
Use an email address, take a username, and use a secure, strong password.
The infrastructure and website of Coinmama is secure and fast, so you're personal data is kept safe.
Verify your account
In order to buy Bitcoin with USD or EUR, you’ll need to provide your name, date of birth, country and phone number alongside with extra support documents which verify your personal identity.
Those supporting documents are a valid photo ID, like Driver license or Passport and sometimes as well Proof of Residence Document like Bank statement, Utility bill(water, electricity, gas, internet, phone), Payroll statement -or- Official salary document from employer, Tax document or Residence certificate.
The reason for this strict verification is to prevent identity theft or fraud.
Go ahead purchasing BTC by depositing USD or EUR
Backing your account with EUR or USD for trading can be done in a number of ways, which includes domestic wire transfers, SWIFT and SEPA or debitcard.
The variant you choose will be based on your location and preference.
Immediately after your fiat currency hits 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 Bitcoin you will also need to have a wallet.
Congrats! You have successfully bought and stored Bitcoin in Iraq.
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