How to get Ethereum (ETH) on BitBay ?

How to get Ethereum (ETH) on BitBay ?

You want to use BitBay to receive the Ehtereum, but you don’t know how to do it ? No problem, we offer you a guide to show you step-by-step.

Your registration on BitBay

Before you can use BitBay to receive the Ethereum, you need to create an account on this platform. But don’t worry, there’s nothing complicated about it. You simply have to follow different steps. You will need to enter your email address and create a user name, a pin code and a password. However, we recommend that you choose a password that is fairly complex. Doing so increases the risk of hacking on your account BitBay. Once this is done, you will receive an e-mail containing a link that will allow you to validate your account. In addition, if you want to enjoy a second level of protection, you can use Google Authenticator. Even if it is optional, we can only advise you to enjoy it.

The verification of your identity

However, even if your account is validated, you will not be able to yet take full advantage of BitBay. To do this, you will need to verify your identity. It really is not difficult, as you just need to follow a few steps. The first of them is simply to fill in a form in which to fill in several personal information, including your first name, your name, your address and your date of birth. You must then send the photocopy of the front and back of your proof of identity, which can be an identity card, a passport or a driving licence. Finally, you will need to provide a proof of address dating from less than 6 months.

Create your receiving address and receive Ethereum on BitBay

In fact, you will not be able to receive Ethereum on BitBay without having to create a new receiving address on the platform. To do this, go to your profile and click on ” Generate New Address “. You will then transmit this address to the issuer : it is indispensable for you to send to Ethereum. However, the address must not contain any error. In fact, shipments of ethers are irreversible and, if the destination address is incorrect, Ethereum will be simply lost. We advise you, as well as to the transmitter, use the function copy-and-paste. Once the transaction is accepted and validated, you will receive your Ethereum on your account BitBay.

What you must remember

  • Before receiving Ethereum on your account BitBay, you have to register on this platform.
  • You must then complete several levels of verification, which will allow you to use BitBay without any restriction.
  • You will need to generate an address to provide to the issuer : it will be necessary for you to send to Ethereum.
  • However, you will need to ensure that the address you use is accurate, under penalty of irreparable loss of your Ethereum. We recommend that you use the function copy and paste to manipulate this address.