How to Buy Bitcoin in Libya

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

Step 1

Sign up for a Coinmama account

Use the following link and create an account at Coinmama.

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

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

Step 2

Verify your account


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

Those supporting documents are a valid photo ID, like National identity card (front + back), Passport or Drivers license and sometimes also Proof of Residence Document like Bank statement, Credit card statement, Utility bill(water, electricity, gas, internet, phone), Payroll statement -or- Official salary document from employer, Insurance statement, Residence certificate or Tax document.


The reason for this strict verification is to stop identity theft or fraud.

Step 3

Commence ordering BTC by depositing fiat currencies, like EUR or USD


Funding your account with fiat currencies, like USD or EUR for trading can be done in a number of ways, which includes domestic wire transfers, SEPA and SWIFT or creditcard.

The option you select will be based on your preference and location.

After your fiat currency hits your account, that amount will be converted to BTC.

With your account you’ll as well have access to charting tools, advanced order types, leveraged trading and 24-hour global client support.

For buying BTC you'll also need to have a wallet.

Kudos! You have successfully purchased and stored Bitcoin in Libya.

That's it!

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How to buy Bitcoin