- 05.02.2020

Buy bitcoin with bank account on coinmama

buy bitcoin with bank account on coinmamaCoinmama makes it easy to buy cryptocurrency directly from your bank account using a bank transfer. There are two steps to a bank transfer order - just place. Invest in the world's leading cryptocurrency via Coinmama with just a few clicks. You can now also buy Bitcoin with bank transfer worldwide! Prices include fees.

Start the verification process When you have successfully signed up and logged into Coinmama buy bitcoin with bank account on coinmama will see the following screen.

Buy bitcoin with bank account on coinmama

First you need to provide some basic information like, name, gender, address etc. Upload documentation Afterwards you will need to provide documentation that you are who you say you are.

Buy bitcoin with bank account on coinmama

This is standard KYC for most crypto companies. You have to provide of the following 3 documents: Passport Drivers license Residence permit As well as a selfie of yourself where you hold a message on a piece of paper together with the provided identification document you provided above.

All of this is a bit cumbersome however it is required more or less everywhere in the crypto industry so there buy bitcoin with bank account on coinmama no way around it.

Buy bitcoin with bank account on coinmama

Wait for confirmation After submitting you just have to wait for an email confirming that your documents have been reviewed and confirmed. Once your account has been verified you are ready to purchase your first bitcoin, ethereum or ripple.

Buy bitcoin with bank account on coinmama

What cryptocurrency to buy? In this step you will have to decide on: What coin to buy?

Buy bitcoin with bank account on coinmama

How many you want? How many euros you want to spend?

Buying Bitcoin with Coinmama Bitcoin Made Easy

Coinmama has pre made some choices buy bitcoin with bank account on coinmama you. Or you can specify the exact amount you want to buy. Add your buy bitcoin with bank account on coinmama address In this step you will have buy bitcoin with bank account on coinmama put in the wallet address that your cryptocurrencies should end up here.

Buy bitcoin with bank account on coinmama

Coinmama recommends Exodus which is a good choice - very easy to set up. It is very important buy bitcoin with bank account on coinmama if you buy bitcoin then you have to enter your bitcoin wallet address from exodus.

If you buy buy bitcoin with bank account on coinmama or another crypto then you have to enter the wallet address for that coin.

Buy bitcoin with bank account on coinmama

Paste the wallet address into the textfield and proceed a cryptocurrency account open payments. Choose payment method Here you can choose the payment option you would like to use.

Buy bitcoin with bank account on coinmama

For this guide we use credit card but as you can see in the screenshot, credit card is the most expensive payment method, however it is instant. If you are not in a hurry bank transfer is definitely preferable.

How To Buy Bitcoin With Bank Account Transfer (2020)?

Credit card details Fill in your credit card details and proceed. Note that the fee is displayed at the right buy bitcoin with bank account on coinmama.

Instantly purchase bitcoin using Coinmama

Payment confirmation more info Now buy bitcoin with bank account on coinmama just need to confirm the email that Coinmama sent you and the cryptocurrency should be on its way.

Wallet confirmation Coinmama have now received your payment and they will now transfer the crypto to the wallet address that you specified. Waiting Your cryptocurrency is now being transferred over the blockchain and that can take between a bit of time depending on various things, like transaction size, cryptocurrency as well as how busy the blockchain network is.

Buy bitcoin with bank account on coinmama

Your cryptocurrency has arrived. You can also check the wallet that you specified.

Buy bitcoin with bank account on coinmama

In this case the bitcoins were transferred to an Exodus wallet. Buy crypto at Coinmama Recommended exchanges Bitpanda is the leading crypto exchange in Europe with more than 1 million users.

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