Buy Digital Currency -
You must complete Know Your Customer (KYC) verification. This typically requires: A government-issued ID (passport or driver's license). A selfie for biometric matching.
While they are often used interchangeably, the process for buying them differs significantly. 1. Buying Cryptocurrencies (e.g., Bitcoin, Ethereum) buy digital currency
For long-term holdings, move funds to a cold wallet (offline hardware like Ledger or Trezor ) to prevent theft from online hacks. 2. Buying Central Bank Digital Currencies (CBDCs) You must complete Know Your Customer (KYC) verification
You convert your existing bank balance directly into digital currency within the app. Beginner's Guide to Buying and Using Cryptocurrency Ethereum) For long-term holdings
As of early 2026, CBDCs are only fully active in a limited number of countries, including China (e-CNY), The Bahamas (Sand Dollar), and India (Digital Rupee).
