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.
Moreover, there is two good news for all Changelly users willing to buy crypto for fiat, namely:
- We added Pound Sterling to buy crypto. So, from now on Changelly accepts three fiat currencies for buying cryptocurrency which are Euro (EUR), US dollars (USD), and Pound sterlings (GBP).
- The minimum amount for buying crypto is decreased to 50 USD/EUR/GBP
We hope this info has lifted your spirits. Hence now it’s time to find out how to implement the exchange itself. To do that just strictly follow the instruction below.
- First of all open Changelly website and choose the start and destination currency. When preparing this tutorial, we decided to buy some BNB for USD 100. After that tap the ‘Exchange now’ button
- Set the amount, then r
- Enter the recipient address where your destination coin will be delivered. For this tutorial, we entered BNB address to receive BNB coins. If you haven’t got a wallet you can choose the one from the list by tapping “Haven’t got a wallet yet?” button
- Check the transaction details once again then tap “Confirm and make payment”
- Starting with this step you’ll be redirected to the Indacoin* processing page for the payment implementation. Enter your mobile phone number and click Next
*To get more information about Indacoin click here.
- Provide your credit card information and enter your birth date, then click Pay
- Enter the code from the SMS you’ll receive from the bank
- You’ll get a call from Indacoin. Please listen for the 4-digit code and enter it in the field below
- Now it’s time to start the verification procedure. To do that click “Start the Verification” button
- To get your account verified, accept the Indacoin’s General Terms and Conditions and give your consent to process your personal data, then click to Proceed
- Select the country of issue, then choose your ID document type. Upload the image with the main page of your passport or ID card or Driving license. For this tutorial, we used a Passport
- Upload a selfie holding ID or passport and a piece of paper with the following text: “I confirm crypto purchase on Indacoin.com for (enter your amount here)” and the current date. Click to proceed
- Wait while the system is reviewing your documents. This process usually takes from 1 to 3 minutes, but may take up to 24 hours in rare cases
- Now that the transaction status is “Your coins are going to be delivered to you soon” your crypto purchase is almost over. You can check the transaction on blockexplorer.com or wait until the auto-redirect back to Changelly website
- Welcome back to Changelly! And congratulations on a successful transaction. Check all the details once again and click “See transaction on Blockchain” if needed
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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