How to buy Ethereum (ETH) on BitBay ?

How to buy Ethereum (ETH) on BitBay ?

You want to use the platform BitBay to buy Ethereum, but you don’t know how to do it. To help you, we offer you to guide step by step.

Your registration on BitBay

Before you can buy Ethereum on BitBay, it is necessary that you first register on the platform. But no problem, it is really very simple. For a start, you need to click on ” Register “, this will allow you to save. You will then need to provide your email address and create your user name, a password and a pin code. However, to ensure maximum safety, we recommend that you choose a complex password. Thus, you will be better protected against hacking attempts. Once this is completed, you will receive an email with a link. The latter will allow you to validate your account. In addition, you can enjoy a second level of security. For this, you can use Google Authenticator. Even though this is not required, we strongly recommend that you do so. Your crypto-currency needs to be carefully protected.

The verification of your identity

Before you can make a deposit, you need to verify your account. However, this is really easy since you just need to follow the different steps. All you have to do is to give several personal information, including your name, your name, your address and your date of birth. You must also provide a photocopy of an identity document in course of validity, which can be your identity card, your passport or your driving licence. You will need to add a proof of address dating from less than six months. This can be an invoice, a contract or a document issued by the State.

Deposit money on BitBay

To make a deposit, you just have to click on the tab “Funding” and choose a payment method and the currency you want to use. For your convenience, we recommend that you make your deposit by bank transfer. Indeed, it is the easiest method. You will then need to give your bank details and the money will be transferred on BitBay in the next 48 hours. However, the transfer will be denied if the bank account and the account BitBay are not registered under the same name.

Buy Ethereum on BitBay

Once your account BitBay is supplied, it only remains for you that to buy Ethereum. To do this, you need to go in the menu “Scale” and select the crypto-currency, Ethereum among those that are available. You will then need to click on ” Trade “, then on ” New order “. It only remains for you to do is find an offer that suits you, and commit the transaction.

What you must remember

  • You must first create your account on the platform, the BitBay.
  • Your account must be verified to make a deposit.
  • Once this is done, you can make a deposit and then buy ethers.