A Step-by-Step-Guide on how to buy Bitcoin in Kuwait
Sign up for a Coinmama account
Use the following button and create an account at Coinmama.
Provide an email address, pick out a username, and pick a secure, strong password.
The infrastructure and website of Coinmama is secure and fast, so you're personal info is kept safe.
Verify your identity
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 additional support documents which verify your personal identity.
The supporting documents are a valid ID, like Driver license or Passport and sometimes as well Proof of Residence Document like Credit card statement, Utility bill(water, electricity, gas, internet, phone), Payroll statement -or- Official salary document from employer, Residence certificate or Tax document.
Such an verfication of identity is there to avert identity fraud or theft.
Commence buying BTC by depositing USD or EUR
Backing your account with fiat currencies, like EUR or USD for swaping can be done distinct ways, which includes SWIFT, SEPA and domestic wire transfers or debitcard.
The variant you choose will be based on your location and preference.
Immediately after your fiat currency strikes your account, that amount will be converted to BTC.
Alongside your account you’ll also have access to support, charting tools and leveraged trading.
For buying BTC you'll also need to have a wallet.
Congrats! You've successfully bought and stored Bitcoin in Kuwait.
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