How to Buy Bitcoin in Venezuela

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

Step 1

Make a Coinmama account

Use the following link and signup at Coinmama.

Supply an email address, choose a username, and select a strong, secure password.

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

Step 2

Verification of your account


In order to buy (BTC) Bitcoin with fiat currencies, like USD or EUR, you will need to provide your date of birth, country, phone number and name as well as additional support documents which verify your personal identity.

The supporting documents are a valid photo ID, like National identity card (front + back), Passport or Drivers license and sometimes as well Proof of Residence Document like Insurance statement, Residence certificate or Tax document.


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

Step 3

Begin purchasing Bitcoin by depositing fiat currencies, like USD or EUR


Funding your account with fiat currencies, like EUR or USD for swaping can be done different ways, which includes 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 support, charting tools and leveraged trading.

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

Congratulations! You have successfully purchased and safed Bitcoin in Venezuela.

That's it!

A couple more instructions:

How to buy Bitcoin