How to Buy Bitcoin in Korea

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

Step 1

Sign up to Coinmama

Use the following link and make an account at Coinmama.

Provide an email address, take a username, and select a strong, secure password.

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

Step 2

Verify your account


In order to buy Bitcoin (BTC) with fiat currencies, like USD or EUR, you’ll need to provide your name, date of birth, country and phone number as well as additional support documents which verify your identity.

Those supporting documents are a valid ID, like Passport, Drivers license or National identity card (front + back) and sometimes as well Proof of Residence Document like Bank statement, Utility bill(water, electricity, gas, internet, phone), Insurance statement, Tax document or Residence certificate.


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

Step 3

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


Funding your account with fiat currencies, like USD or EUR for trading can be done distinct ways, including domestic wire transfers, SEPA and SWIFT or debitcard.

The variant you choose 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’ll also have access to charting tools, advanced order types, leveraged trading and 24-hour global client support.

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

Congratulations! You have successfully bought and stored Bitcoin in Korea.

That's it!

Some more instructions:

How to buy Bitcoin