A Step-by-Step-Guide on how to buy Bitcoin in United Arab Emirates
Make a Coinmama account
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 fast and secure, so you're personal data is safe.
Verification of your account
In order to buy BTC with fiat currencies, like USD or EUR, you’ll need to provide your date of birth, country, phone number and name 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 Bank statement, Credit card statement, Insurance statement, Residence certificate or Tax document.
Such an verfication of identity is there to stop identity fraud or theft.
Go ahead ordering Bitcoin by depositing EUR or USD
Funding your account with USD or EUR for swaping can be done different ways, which includes domestic wire transfers, SEPA and SWIFT or creditcard.
The option you choose will be based on your preference and location.
After your fiat currency hits your account, that amount will be converted to Bitcoin.
Alongside your account you’ll as well have access to charting tools, advanced order types, leveraged trading and 24-hour global client support.
For recieving Bitcoin you will also need to have a wallet.
Kudos! You've successfully purchased and stored Bitcoin in United Arab Emirates.
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