How to buy your first cryptocurrency for USD or EUR or let’s say GBP? This question keeps bothering millions of those who wish to enter the cryptocurrency market. Which tools to use to keep your funds, both fiat and crypto in save? Many of Changelly users have been asking us to give a detailed yet simple explanation. So, we’ve prepared a full tutorial on buying altcoins and tokens for fiat currency.
The option of buying crypto with a bank card is provided by Changelly partners, namely: MoonPay, Simplex, and Indacoin. Hence, the proceeding can vary, depending on the crypto-purchase provider.
Before starting the process, please make sure you have your ID (Passport/Driving license/ID) available in front of you/scanned to your device. If it’s your first transaction you will be asked to upload front/back sides of the doc.
- First of all, open the Changelly website and press the “Buy crypto” button situated on the lower right corner of the exchange window.
- Choose the fiat currency (USD, EUR, GBP) and set the amount in the upper bar. Select the crypto you’d like to buy in the bar below. Review the approximate amount of crypto to receive, then enter the crypto wallet address if required. Proceed to the next step.
- Carefully read the provided information, such as the list of supported countries and limitations of purchase, then press “Pay with Visa/Mastercard” button.
Starting from this moment you will be redirected to the website of a crypto-purchase provider. Carefully follow all the steps in the purchase process.
- In some cases, you will need to verify your email address by entering a 4-digit verification code you get in your email inbox.
- Enter your billing and residential addresses to proceed.
- Provide your bank card data.
- If it’s your first crypto purchase on Changelly, proof of identity will be required. To verify yourself you’ll need to upload the front and back of the document you’ll choose:
- International passport
- National ID card
- Driving licence
- In most cases, you will also need to upload a selfie. It usually takes between two and thirty minutes to verify your identity.
- Within 5-30 minutes, your transaction will be complete and you will receive cryptocurrency to your wallet and transaction details to the provided email.
In case of any issues with your transaction feel free to address your request to the support team of the chosen provider:
That’s all! Now that you’ve made sure that there’s nothing complicated in buying crypto on Changelly it’s your time to try it out! Good luck in your future investments!
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