How to Buy Bitcoin in Madagascar

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

Step 1

Make a Coinmama account

Use the following link and signup at Coinmama.

Use an email address, pick out a username, and use a secure, strong password.

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

Step 2

Verify your identity


In order to buy (BTC) Bitcoin 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 identity.

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


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

Step 3

Go ahead purchasing Bitcoin by depositing USD or EUR


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

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

Once your fiat currency arrives in your account, that amount will be converted to Bitcoin.

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

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

Congrats! You have successfully purchased and stored Bitcoin in Madagascar.

That's it!

A couple more tutorials:

How to buy Bitcoin