It's really easy to get started with your first bitcoin or ethereum purchase. Simply follow the steps below and you'll be on your way in no time. Remember, you can always contact us if you have any questions - we'd love to hear from you!
1. Set up a bitcoin wallet
The first step is to set up your bitcoin wallet. CoinLoft does not provide wallet services as we prefer to allow customers to choose their own bitcoin wallet from the options available. All you need to do when you place an order is provide your wallet public address so we know where to send your bitcoin.
2. Create your order
After you've set up a bitcoin wallet, head over to our Bitcoin Order page here and fill in the form. Simply fill in your email address, wallet address, mobile number and the amount you would like to purchase.
3. Choose your payment method
At Coinloft, we offer various methods of payment so that you can choose your preference. You can read up about our payment methods here (LINK) so that you can make the right decision for your purchase.
4. Identity Verification
During your first order, you'll need to complete a once-off verification through a third party company "Digital ID". You'll be required to enter two forms of identification for this (passport, driving license or Medicare card) and a residential address so make sure you have these details to hand.
5. Selfie Verification
Additionally, depending on your payment amount and method, we may require you to do an addition "selfie verification" check. This will require you to take a selfie holding your ID and a note stating "Coinloft Purchase" with today's date. We really care about keeping our customer's safe online, and this additional compliance check allows us to rule out any cases of identity theft.
6. Receive your bitcoin
Once you have completed your order and verification checks, we will process your order and your bitcoin will be on their way to your wallet. Congratulations - you are now the owner of your very own cryptocurrency!