To purchase, start by entering the amount of local currency you would like to spend. If you enter an amount outside of your allowed limits, an error message will tell you how to adjust the purchase value. Once you’ve created an account, your daily limits will also show here with a button to increase this value if you’d like to purchase more. Based on the value you enter, the current price per bitcoin will be displayed along with the estimated amount of bitcoin you will receive. You also have the option here to make this purchase a recurring daily, weekly, or monthly order by checking the box next to Make this a recurring order. Once you’re ready to go, click Buy Bitcoin.
When making a credit card purchase, check that the order details are correct, then click Confirm. Enter your 3D Secure credit card details, optionally click the checkmark to save this credit card for future purchases, and click Pay Now. Finally, enter and register your mobile number. Your order will now be Pending* and the purchased bitcoin will arrive in your wallet soon! After your first purchase, you will need to wait 7 days for identity verification before you can begin your second purchase. Once you’ve made several purchases, you may be asked to submit identity information to continue making credit card purchases.
*Please note that fraud detection services may cause your order to go into review or be rejected. If this occurs, please reach out to Coinify support at https://www.coinify.com/support.
For bank transfers, you will need to submit documents to verify your identity prior to placing your first order. You will only need to do this once! After this information has been approved, simply enter an amount, select Bank Transfer as your payment method, check that your order details are correct, and click Confirm. Then, follow the instructions to complete the bank transfer. Once Coinify has received the funds from your transfer, your bitcoin will be on its way to your wallet!
The exact length of time a transaction takes to complete varies by amount, country, and payment option. You can always check the status of an order in your Order History. You’re all done, congrats!