Users may also scroll down to the bottom of the exchange page to access the FAQ section, which is located under Quick Links. "acceptedAnswer": { "acceptedAnswer": { The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. A full list of supported countries is available on the Coinmama website. Coinmama has lower fees for bank transfers, 0%, yet higher fees for credit card and debit card purchases, 5%, when compared to Coinbase which charges 1.49% and 3.99% respectively. Here's how it all works: Step 1: Create and Verify your Account Before you purchase any bitcoin with Coinmama, you need to create an account and verify your identity. More advanced users can use alternative trading platforms to save on transaction fees. The mission of Coinmama is to empower humanity one human at a time by making it fast, safe and fun to buy digital currency, anywhere in the world. Coinmama is a property of NBV International s.r.o, which is a daughter company of New Bit Ventures Ltd. 40,000 USD / ? Thank you for your swift reaction and fantastic support. Top 10 Hong Kong Crypto Exchanges - AirCorporate On transactions with a locked crypto rate and instant deliver (credit/debit cards) there is an additional 5.0% momentum fee. Fees incurred on buy orders depend both on the user loyalty level and method of payment. For most bank-based payment methods like SEPA or Zelle the trade limit is 0.5 BTC . Coinmama's platform is operated by Cmama Ltd., established and registered in Ireland. Leading crypto derivatives exchange Bitget now supports TradingView as part of a partnership that allows platform users to access all of the global trading platform's instruments and communication channels. When it comes to the number of countries where Coinbase is supported, a total of 32 countries are available for you to turn to, including United Kingdom, United States, Greece, Hungary, Ireland, Italy, Jersey, Latvia, Netherlands, Norway, Liechtenstein, Malta, Monaco, Australia, Austria, Belgium, Bulgaria, Czech Republic, Denmark, Finland, Coinmama offers support via email only, however the site's FAQ and service desk support documents are reasonably comprehensive and . Users from accepted countries, including Australia, Singapore, Europe, the UK, Canada, New Zealand, and the US, can quickly and safely purchase cryptocurrency using Coinmama. She deserves 10 stars! Continue reading for the most comprehensive review on the web. Here you'll have all the info that you'll need to place an order with us right at your fingertips. See this guide for more instructions on how to place an order. If youve had your own experience with Coinmama, Id love to hear about it in the comment section below. Coinmama specializes in selling Bitcoin and cryptocurrencies instantly with a credit card, or with bank transfer and is one of the most popular exchanges in the world. Getting Started Are you ready to buy bitcoins instantly with your Visa or MasterCard credit card or debit card? Crypto purchases can be made in Aussie Dollar, Canadian Dollar, EURO, Japanese Yen, British Pound, and U.S Dollars. Coinmama is registered in Slovakia but is owned by New Bit Ventures Limited that is headquartered in Israel. Azerbaijan 13. With high spending limits and instant delivery of cryptocurrency, Coinmama delivers a first-class experience for beginners and high rollers. Cryptos supported by Coinmama include Bitcoin (BTC), Bitcoin Cash (BCH), Cardanos ADA (ADA), EOS (EOS), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), Qtum (QTUM), and Tezos (XTZ). Your mobile phone with a working camera to take a selfie. Apart from two of the above IDs, you will also need to upload a utility bill. Paxful has an excellent customer service team which will help you answer any questions you may have. Server time: 2023-02-18 23:00:24 "@type": "Question", Coinmama sells crypto out of its own inventory. Once Coinmama receives the Bitcoins, the transaction will be processed and funds remitted to your bank account. Coinmama's supported cryptocurrencies. Coinmama is an Israel-based non-custodial broker and cryptocurrency exchange that offers users a platform to buy and sell cryptocurrency via multiple payment options. Supported Cryptocurrencies. Coinmama has 3 levels of savings. The company allows users to make crypto purchases using various fiat currencies and payment platforms. Certain countries are also served by a third party, rather than directly by Coinmama themselves. "text": "Yes, Coinmama functions as a full-featured wallet for protecting your cryptocurrency. Best Crypto Exchanges and Cryptocurrency Trading Platforms in 2022 SEPA Bank Transfer (EU Banks Only): Delivery is up to 1 business day and there are no additional fees. Several email correspondences were needed to get up and going. } The daily limit lasts 24 hours from the moment an order is placed. In order to get started with buying bitcoins on Coinmama, here are the steps you will need to take: Step 1: Visit the Coinmama home page. Coinmama, based in Israel and founded in 2013, is a property of NBV International,which is a daughter company of New Bit Ventures Ltd company. Users can either purchase cryptos by way of packages from the Buy page or purchase specific amounts. The team behind Coinmama is top notch and they have an entire page devoted to the employees of the platform. Users can locate the cryptos available for purchase on Coinmama by clicking the Buy dropdown menu as shown below: Coinmama supports the purchasing of cryptos and the sale of Bitcoin. 4. Once you have completed the payment details, complete the transaction. Stay in touch. As long as your account is verified, once your order is placed, your bitcoin will arrive in your bitcoin wallet in approximately 10 minutes. 15,000 USD / ? , by wire transfer (SWIFT, SEPA, Fedwire and FasterPayments) as well as through Apple Pay, The prices you see on Coinmamas website already include the companys brokerage service fee of up to 5.9% for buying crypto and 2.9% for selling. Coinmama is well-known for enabling users to buy Bitcoins using a credit card and now also accepts Apple Pay. Start with as little as $50 Pay by credit card, debit card, or bank transfer Get Started Get started in minutes Level 2 You need to submit a secondary ID. Heres what Ill cover: Coinmama was established in 2013 in Israel and has since grown to serve over 3.1 million customers in 188 countries with over 35 employees. You must make a cumulative purchase amount of 18,000 USD over a 90-day rolling period. Coinmama is more of a brokerage than a crypto exchange. "@type": "Answer", You need to submit a secondary ID. It is a centralized service with a large user base of over a million satisfied customers. As a financial service, Coinmama is committed to the highest security and privacy standards. On the bright side, Coinmama receives a score of Great from TrustPilot. The customer support is speedy, and the website offers a comprehensive support section for users. Launched back in 2013, Coinmama is registered in Slovakia, while owners New Bit Ventures are based in Israel. In order to maintain your Believer status. Coinmama offers its services worldwide with the exception of sanctioned countries and several US states. Which payment methods are accepted? //]]>. Good information! However these are just standard Know Your Customer (KYC) and Anti Money Laundering (AML) policies that most legit exchanges must adhere to. Coinmama Review 2023 - Crypto Exchange Reviews - Crypto Head Per the reports, Fiat and KIA will now sell cars in the Metaverse by utilizing the capabilities of ChatGPT. ", "@type": "Rating", See this guide for more instructions on how to place an order. The only countries that are not allowed to use the Coinmama exchange are the sanctions countries. },{ In order to get started with buying bitcoins on Coinmama, here are the steps you will need to take: Step 1:Visit the Coinmama home page. This is lower than the 5.9% Coinmama charges. Click here! "name": "Is Coinmama Safe? The same as Level 2, and you must be nearing your 50,000 USD account limit. You may make a purchase via the Buy page and select the crypto of your choice from the drop-down menu, as shown below: (For demonstrative purposes, we have selected Bitcoin). You may either chose one of the Bitcoin packages on offer or you may choose the amount of Bitcoin you wish to purchase by entering the amount of Bitcoin or USD equivalent. 100,000 USD. By using this website, you accept our Terms of Use and Privacy Policy. I encourage everyone to try. Overall, transactions with Coinmama are simple, secure and show up immediately in your wallet, which makes it an excellent option for those pressed for time. 9 Ways to Buy Bitcoin with a Bank Account "@type": "Product", }. Lastly, you will need to take a selfie with your ID and a note with todays date and the word Coinmama. Conclusion Coinmama is an excellent way to purchase Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, and Cardano instantly with a Visa or MasterCard credit card or debit card. Coinmama's team has placed emphasis on customer support throughout the platform, which will be touched on later in this review. Coinmama is an excellent way to purchase Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Ethereum Classic, Qtum, and Cardano instantly with a Visa or MasterCard credit card or debit card. Users are able to purchase Coinmama supported cryptos by credit or debit card or by bank transfer. The company focuses on customer experience and customer service so that transactions are super quick (user verification takes around 30 minutes). See here for details on verification levels. Both accept credit card and debit card payments and allow you to purchase Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Your Coinmama account is set up and ready to go. Thats why I make it a habit to actually read through the reviews and see what people are complaining about. To qualify you must have been purchasing cryptos for at least 30-days. } I will be doing a lot of reading before i continue .. Coinmama is an amazing platform. You will require the following: When ready to proceed, click Complete My Profile as shown below. On top of the stated price, you will also need to add a 5% credit card processing fee. Coinmama has a complete help center and also a dedicated support channel via email. Bermuda 20. Having been launched back in 2013, Coinmama was also amongst the first to support the purchase of Bitcoin with credit and debit cards. Payment Methods You can buy Bitcoin or Ethereum with your credit/debit card. Users claim that Coinmama requests a ton of information and in some cases rejects applications without giving proper explanation why. The listings that appear on this page are from companies from which this website and Bankrate may receive compensation, which may impact how, where and in what order products appear. Coinmama is the only crypto service, of any kind {besides, BitPay} I have been able to get a full verification with so far Coinbase said yes and then backed down. Coinmama Review (2022) | Read THIS Before Using Coinmama - Quick Penguin Omer represents Coinmama superbly well! Coinmama Review 2023 - Accepted Countries, Payment Methods, Coins While this may be a drawback for some, users who sell their Bitcoin on Coinmama receive fiat money equivalent via bank transfers. Supported Countries | CEX.IO Broker You have the choice between uploading a (1) Drivers License, (2) National or State ID, or (3) Non-US Passport. Once verification and purchases have been approved you will receive your purchased digital currency instantly into your bitcoin wallet." Coinmama operates in over 190 countries and territories worldwide. Coinmama has a presence in almost all countries, leading to an understanding of how popular Coinmama is. Bhutan 21. Available via the mobile app. There are no wallets on the site, meaning that any purchase made is sent directly to the purchaser's wallet address of choice. Lets hope theyll be back soon. In the past, Coinmama support representatives used to reply to angry commenters in the comments section of this page. Today the company is headquartered in Dublin, Ireland and operated by Cmama Ltd. a subsidiary of New Bit Ventures Ltd. Coinmama is also officially registered and regulated as a Money Service Business with FinCEN. "@type": "Offer", Coinmama does not provide users with wallets on the exchange. Coinmama offers you the choice of continuing with your desktop or switching to your mobile phone. What are our non-supported countries, states and territories - MoonPay Bisq Rates and Buying Limits. Most credit transactions will also have a credit clearing fee of between 3%-5%. Sell Crypto: Users are able to sell Bitcoin on the Coinmama platform. To open an account, go to the Coinmama home page and click on Sign Up on the top right-hand side of the home page. //Compare our payment methods - Coinmama Support Usually, it takes between 5 to 15 minutes for your Coinmama account to verify successfully after uploading your documents. Name Ticker Launch Year Bitcoin BTC 2009 Visit Litecoin LTC 2011 Visit EOS Token EOS 2017 Visit Ethereum ETH 2016 Coinmama only supports the sale of Bitcoin, and not the other Coinmama supported cryptos. 30,000 USD / ? Coinmama has lower fees for bank transfers, 0%, yet higher fees for credit card and debit card purchases, 5%, when compared to Coinbase which charges 1.49% and 3.99% respectively. All rights reserved. Rates are calculated by the XBX Index average + 2% (STD dev) + Coinmama sales fee of between 0.1% and 0.9%. This particularly important in the volatile world of crypto. Go to the Coinmama confirmation email and click Confirm Your Email. . "bestRating": "10", "reviewRating": { Enter your ID number as well as the ID expiration and issuing country. If you have general issues feel free to send an email to the support staff or submit a ticket here. Coinmama Review 2023: Pros, Cons and How It Compares "name": "What Is Coinmama? Cons: Limited states in the US. The prices you see on Coinmamas website already include the companys brokerage service fee of up to 5.9% for buying crypto and 2.9% for selling. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); I bought bitcoins from coinmama is pending for 3 days without receiving my crypto what a bad services from coinmama after my account have been verified. Most positive reviews praise the customer support of the site. Cryptocurrencies Supported The following cryptocurrencies are supported by Coinmama: Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, Cardano, Qtum, and Ethereum Classic. Coinmama is an international cryptocurrency exchange. "@type": "Answer", Established in 2104, Poloniex is a cryptocurrency exchange that was established by an individual by the name of Tristan D'Agosta. As stated above, Coinmama supports a wide range of countries, probably the widest amongst cryptocurrency exchanges and significantly more than most of its rivals, including Coinbase and BitStamp. These are available on the Help Center page. This can be anything from a drivers license to a passport. Visa credit/debit cards Mastercard credit/debit cards Go to Coinmama's website Australia 12. Coinmama, one of the world's oldest Bitcoin Broker, has its headquarters located in Slovakia. The basic function will be to answer questions of the customers supported by the . Dont hesitate to use this platform. The company also operates in the United States . } "@type": "Answer", "acceptedAnswer": { Total cumulative crypto purchases at Level 1 verification are also capped, at 15,000 USD. With Coinmama, users are able to sell Bitcoin, even if purchased elsewhere and receive fiat money directly in their bank account. Then, to buy Bitcoin, click the "Buy/Sell" tab as shown below. IT IS A BIG SCAM, TRAP YOUR MONEY. Verification time takes between 5 to 15 minutes. Coinmama is a cryptocurrency exchange that has been around since 2013 and is available in 188 countries. SWIFT, SEPA and Faster bank transfers incur no fee. Coinmama customers can choose to pay with either debit card, credit card, SWIFT transfer, SEPA bank transfer (EU Banks only), and Faster payment transfer (UK Banks only). This is an important feature to consider, since sometimes a day or two can mean large price fluctuations. Supported Countries Coinmama is one of the fastest ways to get started with purchasing Bitcoin and Ethereum with a Visa or MasterCard credit card or debit card. The process of buying coins from Coinmama goes as follows: As soon as your payment clears, Coinmama sends you your coins. Step 4: From here you will be brought to the account verification page. Check your email for a verification confirmation email. Which payment methods are accepted? Coinmama Review 2023 | Must Read Review Before Trading Crypto *SEPA countries include: Andorra, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, Coinmama Review 2023 | Features + Fees | Finder Canada Chinese Yuan isn't supported. Send the Bitcoins that you wish to sell to the Bitcoin wallet address provided. Coinmama is one of the Slovakia-based cryptocurrency exchanges offering bitcoin buying in 200 countries and dozens of states. } Apart from two of the above IDs, you will also need to upload autility bill. The company now also accepts payments by bank transfer (SEPA and SWIFT) with 0% processing fees (SWIFT, SEPA, Fedwire and FasterPayments) as well as Apple Pay. Coinmama review 2022 | Features, fees & more | Finder Malaysia Your crypto wallet will then be funded with the cryptos that you have purchased. "text": "Coinmama is one of the oldest bitcoin brokers in the business. The minimum amount of Bitcoins you can buy is 50 USD or the equivalent in EUR/GBP/AUD/CAD/JPY. The minimum transaction amount to buy cryptocurrency is $50. Requires 1 valid government issued ID, a selfie of yourself holding that ID and a note with Coinmama and todays date written on it. When it comes to exchanges, Coinmama is often compared to Coinbase. "name": "What Payment Methods Are Available On Coinmama? Coinmama Review. Sell Us Your Bitcoin - Coinmama Support Secured by Sucuri. In Coinmamas case, the company has made ongoing efforts to reduce their fees as much as possible. Requires filling out a short form. 7,500 USD / ? Coinmama, a cryptocurrency exchange platform, offers a fast and safe way to purchase and sell most of the most popular cryptos. You are required to provide your wallet details during the transaction process. It is important to note that Coinmama does provide exchange crypto wallets to house purchased cryptos. Thank you. Log in. Since its founding, Coinmama has served more than 300,000 customers in more than 190 countries. Users may withdraw proceeds by bank transfer, or by credit or debit card. The platform was established to create the simplest financial service in the crypto space. Since the early years, Coinmama has continued to add cryptos to its offering not to mention alternative payment methods. Coinmama offers very similar services to Coinbase, but which is the best site to buy Bitcoins? And they boast 68+ million users in 100+ countries , making them one of . }, . Relative to some of its peers, the number of cryptos on offer is on the lighter side. If any of them succeeded, the company would have gained more control over the Bitcoin network. Level 1 Crypto Curious: New Coinmama users are Crypto Curious. I am so satisfied about the service Alex provide to me I'm very thankful everything was on point and professional thank you for your service and keep up the excellent work. LTD All rights reserved. This means that the company sells you the coins directly, as opposed to a trading platform where you buy the coins from other people. Even though Coinmama exchange is not officially registered with any legislative board, New Bit Ventures has been registered as an MSB (Money Service Business) with FinCEN. Many more will be added soon. There is no guarantee that any crypto asset will have at any time in the future certain value (if any) or market liquidity. Step 5:Congratulations! (Coinmama is planning to expand this beyond Bitcoin in the near-term, however). Coinmama Countries Supported Supported countries. Exchange Services, Supported Cryptocurrencies & Payment Methods, https://www.linkedin.com/company/coinmama, https://www.instagram.com/coinmamaofficial/. Simply register and direct referrals to the Coinmama site with your customized referral link. Cryptos offered on the Coinmama exchange include Bitcoin (BTC), Bitcoin Cash (BCH), Cardanos ADA (ADA), EOS (EOS), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), Qtum (QTUM), and, Tezos (XTZ). Coinmama is one of the most established exchanges on the market. Coinmamas fees vary depending upon the payment method. Third-party transactions - Coinmama Support Any person with a valid Visa or MasterCard card issued in a non-sanctioned . Payment methods for the purchase of cryptos include Faster Payments, Fedwire, Sofot, SEPA, SWIFT, and Apple Pay. Once verification and purchases have been approved you will receive your purchased digital currency instantly into your bitcoin wallet. Countries Supported: They operated in over 180 countries. 11 Popular Ways to Buy Bitcoin with a Credit Card Instantly in 2023 Invest in the world's leading cryptocurrency via Coinmama with just a few clicks Price Performance Price Unfortunately the necessary data for this indicator is not available at the moment. This includes name, email, password, and country of residence. Requiresa valid government-issued IDand aselfie of yourself holding that ID and a note with Coinmama and todays date written on it. Your email address will not be published. Which payment methods are accepted? Benin 19. We're continually adding more, so make sure to check back in every once in a while for updates. When it comes to exchanges, Coinmama is often compared to Coinbase. Coinmama does provide 24/7 email support, however. Do note that there is a minimum purchase amount of USD50 equivalent. Fees. 50, Overall account spending limit: 50,000 USD, Daily spending limit: ?