A Step-by-Step-Guide on how to buy Bitcoin in Lithuania
Sign up for a Coinmama account
Use the following link for creating an account at Coinmama.
Supply an email address, choose a username, and pick a strong, secure password.
The infrastructure and website of Coinmama is fast and secure, so you're personal data is kept safe.
Verification of your identity
In order to buy BTC with EUR or USD, you will need to provide your phone number, name, country and date of birth as well as extra support documents which verify your identity.
Those supporting documents are a valid photo ID, like Driver license or Passport and sometimes as well Proof of Residence Document like Residence certificate or Tax document.
The reason for this strict verification is to avert identity fraud or theft.
Start purchasing BTC by depositing fiat currencies, like USD or EUR
Staking your account with USD or EUR for swaping can be done in a number of ways, which includes SEPA, SWIFT and domestic wire transfers or debitcard.
The variant you choose will be based on your location and preference.
Once your fiat currency hits your account, that amount will be converted to BTC.
With your account you will as well have access to charting tools, and 24-hour support.
For buying BTC you will also need to have a wallet.
Congrats! You've successfully purchased and stored Bitcoin in Lithuania.