Buying Bitcoin with your phone is quite an intuitive and straightforward process. Essentially, what you have to do is simply call or text a premium number from your mobile or landline number.
Before being able to purchase, you will be required to sign up and verify your ID as a standard measure of KYC in the increasingly regulated cryptocurrency sphere. Other than that, everything else is easy – check our detailed and illustrated guide below!
After getting verified, locate Buy Bitcoin on the menu and choose Mobile Balance.
Select the cryptocurrency you wish to buy (BTC available for now; coming soon: LTC, ETH, XRP). Choose your country and wallet address for the payout. If you have not added a payout address yet, follow our on-screen instructions. Click 'Continue to purchase amount'.
Select your payment method (Mobile or Landline), and then choose the amount that you wish to purchase. The amount of Bitcoins you will receive to your wallet is denominated in CoinGate Credits, which are equal to the value of Bitcoin.
Upon choosing the purchase amount, you will see instructions for payment. Depending on your country, you can make the payment either by a quick phone call, a longer timed call, or by sending a text message (SMS). Double-check your payout address and click 'Proceed to payment'.
Follow the on-screen instructions to make the payment with your mobile phone or landline number. After completing the payment, you will be returned to CoinGate and receive a confirmation email.
The exchange rate has now been locked, and the payout to your personal wallet will be made within 24 hours. You can track your purchases from your account, by selecting Mobile Orders on the menu.