Rain enables you to buy cryptocurrency using major Middle Eastern currencies. To buy ethereum with Saudi Riyal simply complete the requirements and follow the steps listed below.
Requirements:
NOTE: We charge a flat fee of 1.5% of transaction value for buys funded with a bank account and 4% for buys funded with a debit or credit card.
Steps (Rain website):
3. Select SAR account.
4. Select ETH account.
5. Enter the amount you would like to buy. Click Continue.
You can either enter the value in SAR (e.g. SAR 100) or ETH (e.g. ETH 0.5).
6. Review the transaction details. Click Confirm.
For greater security, Two-Step Authentication is mandatory to complete a transaction. You will receive the code in an SMS text message, sent to your registered phone. More information on Two-Step Authentication available here.
7. Enter the SMS code received. Click Submit.
Once the transaction has been successfully completed, you will receive a confirmation email containing your transaction details.
Steps (Rain app):
1. Open the Rain app on your phone.
2. Click on Buy.
3. Select SAR account.
4. Select ETH account.
5. Enter the amount you would like to buy. Click Continue.
You can either enter the value in SAR (e.g. SAR 100) or ETH (e.g. ETH 0.5). Use the arrow on the right side to switch between SAR and ETH.
6. Review the transaction details. Click Confirm.
For greater security, Two-Step Authentication is mandatory to complete a transaction. You will receive the code in an SMS text message, sent to your registered phone. More information on Two-Step Authentication available here.
7. Enter the SMS code received. Click Submit.
Once the transaction has been successfully completed, you will receive a confirmation email containing your transaction details.
For more information about the weekly trading limits click here.
NOTE: If you require greater limits than the ones provided, please reach out to [email protected]
About Rain
Rain is a cryptocurrency platform in the Middle East, headquartered in the Kingdom of Bahrain. We are licensed and regulated by the Central Bank of Bahrain (CBB). Rain enables you to buy, sell, and store bitcoin and other cryptocurrencies, in a regulated, secure, and compliant way.
Our support agents are standing by.
Customers with Personal Accounts and users with general inquiries can contact us via [email protected].
Rain is licensed by the Central Bank of Bahrain as a Crypto Asset Brokerage. We are headquartered in the Kingdom of Bahrain.
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Copyright 2021 Rain Management WLL
113 Arcapita Building, Floor 1
Manama - Sea Front
Kingdom of Bahrain
P.O. Box 11716, Diplomatic Area post office