How to Set Up your BuyCoins Account
A BuyCoins account comes with free and secure cryptocurrency – Bitcoin, Bitcoin Cash, Ethereum, and Litecoin – wallets that allow you manage your cryptocurrency with ease. With a BuyCoins account, you can buy, sell and store cryptocurrency safely and without hassle. You can also transfer to external wallet addresses. Creating a BuyCoins account is pretty easy and takes almost no time at all and you can do it in three easy steps.
Step 1: Download the App
Fill your email address and make sure you agree to our terms and conditions, then click ‘Continue’.
After clicking continue, you will then proceed to fill your first name, last name and date of birth on the Personal Information page.
We strongly recommend you use your real first name and surname because this will help verify your BuyCoins account with no difficulty. The name you provide in the form must be the same one that appears in your bank account details that are linked to your BVN. After clicking on continue, you will then proceed to choose your username and create a password. When you're done with that, click on 'Finish'.
As soon as you click on 'Finish', an email is automatically sent to the email address you provided in the registration form. This email contains a link you’re to click in order to confirm that the email address you filled in the form really is yours.
Step 2: Confirm your email address
An email from BuyCoins Support should be in your email inbox. Go to your email client to access your inbox and click the 'Confirm Email' link.
The link will redirect you to your browser, showing your confirmation message. Once you get there, sign in to your BuyCoins account with your email address and password.
Step 3: Verify your identity
We need you to verify your identity to make sure that the information you have provided is correct. Verification includes your Bank Verification Number (BVN), phone number and bank account. Your BVN is required to verify your name(s) and date of birth. We need your bank account details so we know where to transfer the money you receive when you sell cryptocurrency on BuyCoins. To verify your identity, click on the 'You need to verify your identity' link at the top of the dashboard.
From the Verify Identity page, put in your BVN in the required text field and click ‘Verify’. If you can’t remember your BVN, dial the USSD code *565*0# from your mobile phone. You should receive your BVN shortly after. The Nigeria Inter-Bank Settlement System (NIBSS) will send the BVN associated with that phone number, so make sure it’s the number you used to register your BVN that you’re texting from.
Your BVN is then used to pull your registered phone number. Check that the last four digits in the number field match the ones in your phone number and click ‘Send OTP to*****’ to receive a one-time password (OTP). Input the OTP in the text field and click 'Submit. If you do not receive an OTP within minutes of clicking the 'Send OTP' button, click on the 'Call your phone' link. This gives the option of receiving the OTP via phone call.
NOTE - If the phone number that’s linked to your BVN is no longer in use, you will have to verify your account manually. You can do this by clicking on the ‘manually verifying your identity’ link.
After that, click on ‘Add A Bank Account’. Type in your bank account number, select your bank from the drop-down menu, and click ‘Save Account’.
That’s all! You have successfully added your bank account to your profile and your identity successfully verified. After verifying your bank account, this is what your account verification page should look like – all three steps with green ticks.
Now that your identity has been verified, you’re ready to start trading on BuyCoins!