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"@type": "Question", Coinmama provides a very simple to use platform supporting the purchase of cryptos. 30,000 USD, Monthly spending limit: ? Every new customer to Coinmama must submit verification for their account. "description": "Coinmama is a cryptocurrency exchange that specializes in credit card, debit card, and cash purchases for verified customers in countries all over the globe. The company was founded in 2013 by Asaph Schulman (CEO), Nimrod Gruber (Co-Founder), Martin Koelbaek (CHO), Guy Ben-Yossef (CFO), Yaki Oliel (CRO)." Acceptable IDs include: A non-US international passport (double page) A national ID card (both sides) A driver's license (both sides) Level 2 In addition to the ID uploaded for level 1, you need to submit a secondary ID. Your Coinmama account is set up and ready to go. Stay in touch. At the moment Coinmama supports buying only of the following coins: Coinmama accepts credit or debit cards that are issued by Visa or Mastercard. Undoubtedly, an added benefit is that users can also sell Bitcoin for fiat money. } Both have a good reputation. 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. The process is fast. Supported currencies on Coinmama Coinmama accepts all major world fiat currencies: USD EUR British Pound Canadian Dollars Australian Dollars You can buy these cryptocurrencies: BTC ETH LTC BCH ETC XRP QTUM ADA What are Coinmama Fees? Coinmama does not provide users with wallets on the exchange. 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. The document verification process usually takes around 30 minutes, which is one of the quickest in the market. Every new customer to Coinmama must submit verification for their account. Support Email: help@paxful.com. For regulatory compliance, some countries and US States are served by a third party, while a handful are not supported at all. From my own experience I can say that verification with Coinmama was relatively easy, and yes, they require a lot of information. Is Coinmama Safe? Andorra 4. You have the choice between uploading a (1) Driver's License, (2) National or State ID, or (3) Non-US Passport. While this is the case, the most popular cryptos are available. Numerous crypto exchanges and trading platforms do not facilitate the sale of cryptos and withdrawal of fiat money. ", There is also a comprehensive Support FAQ that covers everything you need to know about the Paxful marketplace. There is a USD15,000 limit on the purchase of cryptos by credit or debit card. Omer was the BEST! Bahamas 14. 100,000 USD. "@type": "Answer", 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. This means that Coinmamas price can be as much as a total of 10.9% above the market rate. The exchange is committed to providing the highest levels of privacy and security standards. Together with offering amongst the highest daily buying limits in the industry, it justifies its global reach of more than 188 countries. Aland Islands 2. Coinmama is one of the few exchanges supported almost worldwide. This can be anything from a drivers license to a passport. Coinmama is an online cryptocurrency exchange supporting the purchase of cryptos. Prohibited Countries. "text": "Coinmama is headquartered in Slovakia, Europe. Make sure to learn about each company's values and core mission and to perform proper due diligence on review sites, message boards and with investment professionals. Coinmama users are able to freely insert the exact amount of USD, EUR, GBP, CAD, AUD, or JPY to purchase crypto. On top of the stated price, you will also need to add a 5% credit card processing fee. Lastly, the comprehensive Support FAQ covers everything about the Coinmama platform from A to Z." See this guide for more instructions on how to place an order. Great customer service and really easy to use. Excellent leadership and customer support, High fees when purchasing with a credit card or debit card, A non-US international passport (double page), Overall account spending limit: 15,000 USD, Daily spending limit: ? }, Most credit transactions will also have a credit clearing fee of between 3%-5%. Lastly, you will need to take a selfie with your ID and a note with today's date and the word 'Coinmama'. Okex Payment Methods There are four methods for depositing funds into the Okex trading account. 5,000 USD / ? Being a top backer of a project with clear leaders would have given them an edge, and this is totally antithetical to the mission Bitcoin first set out to accomplish. Having reviewed over 20 exchanges by now, I know that when people leave reviews online its almost always negative reviews because they are pissed off about something. Thats why I make it a habit to actually read through the reviews and see what people are complaining about. Rates are calculated by the XBX Index average + 2% (STD dev) + Coinmama sales fee of between 0.1% and 0.9%. I can then transfer small amounts, for tranctions, from my Cold Wallet into my BRD & BitPay Wallet, & use BitPay to purchase products, Gift Cards BitPay Service, which is very well-connected to retail vendors, can make product transactions for me using any of my wallets! Cons: Limited states in the US. Phone: +1 (865) 272-9385. This ensures that user assets are protected from theft. We hate spam as much as you do. "@type": "Answer", Lets hope theyll be back soon. Paxful has an excellent customer service team which will help you answer any questions you may have. Enter your ID number as well as the ID expiration and issuing country. To qualify you must have been purchasing cryptos for at least 30-days. This means that the company sells you the coins directly, as opposed to a trading platform where you buy the coins from other people. "@type": "Question", Pay by credit card, debit card, or bank transfer, A Wellfield Technologies Inc. (WLFD) company COINS AVAILABLE ACCEPTED COUNTRIES PAYMENT METHODS TWITTER BINANCE Review Bob Mason Binance is the world's largest online cryptocurrency exchange by trading volume. } At peak times, however, the verification process could take a couple of hours. In order to verify your account you will need to submit some form of identification. "text": "Coinmama is a cryptocurrency exchange that specializes in credit card, debit card, and cash purchases for verified customers in countries all over the globe. If you want to send Customer Support a message you can do so here. In addition to the ID uploaded for level 1, you need to submitasecondary ID. You then need to provide your bank details. Coinmama Countries Supported "text": "You can get in touch with Coinmama customer support through a few trusted channels. No. Level 3 Crypto Believer: Save 25% on Coinmama fees and enjoy queueless customer support. The executive team consists of Asaph Schulman (CEO), Nimrod Gruber (Co-Founder), Martin Koelbaek (CHO), Guy Ben-Yossef (CFO), Yaki Oliel (CRO). It is important to note that Coinmama does provide exchange crypto wallets to house purchased cryptos. },{ Coinmama support is the best in the world. 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. },{ I could have been scammed! Countries supported: Other payment methods include Fedwire, Swift and Sofort. },{ "@type": "Answer", Coinmama offers support via email only, however the site's FAQ and service desk support documents are reasonably comprehensive and . Coinmama is one of the most popular bitcoin exchanges around the globe, and also one of the oldest that accepts credit card and debit card purchases. . 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 allows you to purchase and sell cryptocurrencies with a variety of different payment methods. More advanced users can use alternative trading platforms to save on transaction fees. You might have limited functions in some countries but overall, the service is available in the widest range of countries. Coinmama is one of the Slovakia-based cryptocurrency exchanges offering bitcoin buying in 200 countries and dozens of states. LTD All rights reserved. Our funding providers may, at their own discretion, deny funding to certain geographical locations. All Rights Reserved. but may require additional identity verification Other supported countries and territories: UK, Switzerland, Norway, Monaco, Montenegro, Serbia, Turkey, Andorra, Moldova, Gibraltar, Iceland, Greenland, Liechtenstein, Isle of Man . The basic function will be to answer questions of the customers supported by the . Coinmama is a broker exchange based in Israel. It is a centralized service with a large user base of over a million satisfied customers. For a detailed review about Coinmama keep reading this post. Coinmama accepts all currencies, in particular, USD, EUR, GBP, CAD, AUD, and JPY. Credit or Debit Card: 5% momentum fee: Locked rate and fast delivery that is instant. We currently support instant credit and debit card purchases of cryptocurrencies in the following countries: . ", "text": "Coinmama is one of the oldest bitcoin brokers in the business. Coinmama Support Team Member Malcolm helped me solve the problem I was having with ease, Malcolm answered every email I sent, it was great to know I can rely on them with help and ease. Coinmama is a user-friendly crypto exchange platform supporting the buying and selling of cryptos. Nicehash is the top crypto exchanges Germany that operates in most nations worldwide except for a select few nations like Yemen, Afghanistan, Iran, Iraq, and more. Thank you. Coinmama offers a wide range of cryptos that are amongst the most popular cryptos in the market. The fiat selection consists of US Dollars, Euros, British Pounds, Canadian Dollars, Australian Dollars, and Japanese Yen. However, it seems that lately they have optimized their service to offer a more competitive service. "priceCurrency": "USD", For demonstrative purposes, we will keep going with the desktop. 2023 Coinmama Exchange Review: Leadership Page. Once you have created your account, Coinmama will then prompt you to complete your profile. I never had an agent like Alex. Countries with limited support: China, Russia. Use the search option to find the answer to your question. Five stars for customer service. Belize 18. 42 Pearse St., Dublin D02 YX88, Ireland, Copyright 2023 Coinmama. And they boast 68+ million users in 100+ countries , making them one of . For the most basic level of verification (Level 1), orders are capped at a maximum of 5,000 USD per bank card purchase and 15,000 USD per wire transfer. When registered, you need to add your credit card details. She deserves 10 stars! For strengthened security, in addition to creating a strong password, users are advised to enable 2-Factor Authentication (2FA) on their Coinmama account." The process is fast. The monthly limit is a moving sum of the last 30 days. You are then required to upload your identification as well as additional photos in order to complete the KYC process. 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. Lastly, you will need to take a selfie with your ID and a note with todays date and the word Coinmama. 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). Simple: I opened an account recently to buy Bitcoin. Coinmama serves most countries, excluding those that are sanctioned, such as North Korea and Syria. Coinbase is available in 100+ countries Locations: North and Central America South America Europe Asia Africa and the Middle East North and Central America ( 14 countries supported) Bahamas Barbados Canada Costa Rica Dominican Republic El Salvador Guatemala Honduras Jamaica Mexico Nicaragua Panama Trinidad and Tobago United States South America "text": "Coinmama is supported in over 190 countries and is constantly adding more." Users must complete the verification process to buy and sell cryptos. 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. It is recommended that you do not store your bitcoins on Coinmama for an extended period of time and instead consider moving them to a secure cloud, smartphone or hardware wallet such the Trezor One. "name": "What Is Coinmama? "@type": "Answer", } Coinmama lets you buy Bitcoin worth up to $150 without uploading any pictures or ID. Coinmama is supported in over 190 countries and is constantly adding more (view list). SWIFT, SEPA and Faster bank transfers incur no fee. (Coinmama is planning to expand this beyond Bitcoin in the near-term, however). Coinmama is a leader exchange in the crypto community by a group of crypto experts and entrepreneurs. This includes name, email, password, and country of residence. Continue reading for the most comprehensive review on the web. Having been launched back in 2013, Coinmama was also amongst the first to support the purchase of Bitcoin with credit and debit cards. It is your responsibility to follow those rules and laws in your country of residence or in the country from which you access this site and service. Yes. Across all these places, it has more than 3.1 million users. Choose your payment method (credit card) and enter your details to complete the sale. Buy Crypto: Coinmama users are able to purchase supported cryptos by credit or debit card or by bank transfer or Apple Pay. Buy cryptocurrency with a credit card, sell your Bitcoin, and so much more. By using this website, you accept our Terms of Use and Privacy Policy. Furthermore, you can view confirmation of the order on the blockchain explorer." SEPA Bank Transfer (EU Banks Only): Delivery is up to 1 business day and there are no additional fees. Getting Started Are you ready to buy bitcoins instantly with your Visa or MasterCard credit card or debit card? 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. The exchange is also one of. Total cumulative crypto purchases at Level 1 verification are also capped, at 15,000 USD. A full list of supported countries is available on the Coinmama website. Payment Methods You can buy Bitcoin or Ethereum with your credit/debit card. Check your email for a verification confirmation email. The exchange has over 2.2 million users, features a fast-track verification process and is available in 190 countries worldwide. Founded in 2013, it has become a fast, safe, and convenient cryptocurrency gateway for digital currency enthusiasts all over the world, including the United States. Apart from two of the above IDs, you will also need to upload autility bill. Coinmama is a leading Cryptocurrency service provider that was established in 2013. Coinmama is more of a brokerage than a crypto exchange. 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. Are you ready to buy bitcoins instantly with your Visa or MasterCard credit card or debit card? The company allows users to make crypto purchases using various fiat currencies and payment platforms. Visa credit/debit cards Mastercard credit/debit cards Go to Coinmama's website Supported Countries Although it's a platform based in Prague, its service stretches across the globe, including the USA, Canada, Australia and the Middle East. 15,000 USD, Maximum number of daily orders: ? You have the choice between uploading a (1) Drivers License, (2) National or State ID, or (3) Non-US Passport. Enter the number of Bitcoin that you wish to sell and then click Sell. Requiresa valid government-issued IDand aselfie of yourself holding that ID and a note with Coinmama and todays date written on it. Check your email for a verification confirmation email. Loyalty Program: The more crypto you buy or sell with Coinmama, the more you save. However, it is a secure platform that has successfully helped over 3 million users purchase digital assets in 188 countries. Apart from two of the above IDs, you will also need to upload a utility bill. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. "price": "0" "acceptedAnswer": { "text": "Yes, Coinmama functions as a full-featured wallet for protecting your cryptocurrency. Simply register and direct referrals to the Coinmama site with your customized referral link. What countries are supported by Coinmama? Yes. All transactions are between the user and Coinmama. Contact Us *CEX MARKETS LTD. With high spending limits and instant delivery of cryptocurrency, Coinmama delivers a first-class experience for beginners and high rollers. There are 3 levels of verification, with increases in account spending limits for each. Click on the blue 'Sign Up' button on the top right. Also, it seems that the exchange rates Changelly uses are cheaper than Coinmamas, so overall you can save up to around 3% by using their service. Coinmama is the property of New Bit Ventures Ltd, which is a regulated Money Services Business licensed by FINCEN and IMPA. "name": "Is Coinmama Safe? Faster Payments (UK Banks Only): Delivery is up to 1 business day and there are zero additional fees. Belarus 17. Neither Bankrate nor this website endorses or recommends any companies or products. In order to maintain your Believer status. Blog: A dedicated blog page delivers users with the latest crypto news and views, key for any crypto investor. 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. } The minimum amount of Bitcoins you can buy is 50 USD or the equivalent in EUR/GBP/AUD/CAD/JPY. As a financial service, Coinmama is committed to the highest security and privacy standards backed by excellent customer service. 40,000 USD / ? Upload your passport, following the instructions provided. This is an important feature to consider, since sometimes a day or two can mean large price fluctuations. For SEPA bank transfers there is no fee (0%), however, your bank may charge additional fees. SWIFT bank transfer orders have a minimum order amount of 1,000 USD, however. Both accept credit card and debit card payments and allow you to purchase Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. "@type": "Question", Countries Supported: They operated in over 180 countries. Coinmama is registered in Slovakia but they offer the service worldwide. Usually, it takes between 5 to 15 minutes for your Coinmama account to verify successfully after uploading your documents. This may impact how, where and which products / companies / services we review and write about. Requires 1 valid government issued ID, a selfie of yourself holding that ID and a note with Coinmama and todays date written on it. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. (As shown below). Fees incurred on buy orders depend both on the user loyalty level and method of payment. Are my credit/debit card details saved in your system? Pros: Good support, relatively quick verification process. Options available include Faster Payments, Fedwire, SEPA, Sofot, and Swift bank transfers and Apple Pay. The company also operates in the United States . However, it imposes limits on trade amounts to discourage fraud using fiat money. "acceptedAnswer": { Do note that there is a minimum purchase amount of USD50 equivalent. Coinmama is one of the most established exchanges on the market. All cryptos are immediately transferred to the purchasers specified wallet upon purchase. See this guide for more instructions on how to place an order. Complete the information requested. PLEASE DO NOT MAKE ANY TRANSACTIONS FROM HERE. As long as your account is verified, once your order is placed, your bitcoin will arrive in your bitcoin wallet in approximately 10 minutes. As instructed, ensure that: Now take a selfie. 30,000 USD, Overall account spending limit: 1,000,000 USD, Daily spending limit: ? Bhutan 21. Customer Service Coinmama has a dedicated customer support team that works around the clock. It is important to note that, while users can buy the most popular cryptos, users can only sell Bitcoin. Click on the Send For Approval button. Youre holding both the ID and the paper note yourself. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Secured by Sucuri. Enter your ID number as well as the ID expiration and issuing country. If you have any questions about this topic, feel free to contact Support. You can unsubscribe with one click. Furthermore, you can view the confirmation of the order on the blockchain explorer. } Level 1 Crypto Curious: New Coinmama users are Crypto Curious. You can also make a lifetime purchase amount of 50,000 USD. However I could buy a Mobile Wallet thru, BRD, with no hard Verification Process! Support requests are usually answered within 24 hours. Payment methods Had a question about transaction processing time, and it was answered promptly, accurately and by a human being! Users funds and cryptos are not held directly by Coinmama. 2. Coinmama is a non-custodial cryptocurrency broker from Israel that is incorporated in Europe, Slovakia. 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. Crypto Enthusiasts not only enjoy reduced fees but also fast track customer support. "name": "How Can I Contact Coinmama Customer Support? For more information about level 3, contactsupport@coinmama.com. . Step 5:Congratulations! Aruba 11. Coinmama is a brokerage company that accepts a wide range of bank transfer options such as SWIFT (Worldwide), SEPA (Europe), Fedwire, Faster Payments and more. Users can either purchase cryptos by way of packages from the Buy page or purchase specific amounts. Many more will be added soon. Coinmama's platform is operated by Cmama Ltd., established and registered in Ireland. Apart from two of the above IDs, you will also need to upload a utility bill and complete a KYC questionnaire. "reviewRating": { There are plenty of articles available via the help center to assist users in navigating and understanding the processes. "brand": "Coinmama", Coinmama primarily accepts USD, EUR, GBP, CAD, and AUD but accepts all currencies. There are no wallets on the site, meaning that any purchase made is sent directly to the purchaser's wallet address of choice. This can be located under the Marketing Tools tab in your Coinmama account. Bisq Rates and Buying Limits. Coinmama also supports the purchase of cryptos in Aussie Dollars, Canadian Dollars, EUROs, Great British Pound, and Japanese Yen. Affiliates earn 15% of fees for the lifetime of each customer they refer to Coinmama. However these are just standard Know Your Customer (KYC) and Anti Money Laundering (AML) policies that most legit exchanges must adhere to. Coinmama's supported cryptocurrencies. Receive unlimited Bitcoin. Each payment method has its pros and cons, the information below will help you decide what's most suitable for you to use. In terms of regulatory compliance and licensing: Coinmama clearly holds an upper hand. Since its foundation in 2013, it has grown to serve over 2 million customers across 188 countries and today has over 40 employees. Coinmama is well-known for enabling users to buy Bitcoins using a credit card and now also accepts Apple Pay. When it comes to exchanges, Coinmama is often compared to Coinbase. Coinmama delivers coins within minutes of purchase. Coinmama is available in more than 200 countries around the world, except for a few restricted areas. No, your credit/debit card details are not saved in our system. Key attributes of the Coinmama platform include: Coinmama has a rewarding affiliates program. Coinmama accepts all fiat currencies, and our rate can be displayed in either USD, EUR, GBP, CAD, or AUD. IT IS WRITTEN CLEARLY IN THE WEBSITE USERS FROM THE US CAN SELL THE BITCOIN ONLINE https://www.coinmama.com/blog/how-to-cash-out-your-bitcoin/. For more information on how to create an account with us, click here. Coinmama has a dedicated customer support team that works around the clock. Coinmama sells crypto out of its own inventory. He deserves a promotion. 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. How Long Does It Take To Buy Bitcoin On Coinmama? },{ The transaction will always be between you and Coinmama. Azerbaijan 13. There is no guarantee that any crypto asset will have at any time in the future certain value (if any) or market liquidity. The majority of Coinmamas negative reviews complained about one thing the identity verification process. "offers": { Level 2 You need to submit a secondary ID. Since Coinmama neither holds cryptos on the exchange nor stores customer information, there is no 2-factor authentication. I came across multiple crypto platforms and Coinmama is the best. send a transfer of 500 euros for a bitcoin purchase. The platform was established to create the simplest financial service in the crypto space. Supported countries. You are required to enter your full name, DOB, and sex and then click Next. The team at Coinmama is amazing! Upon completion of a crypto purchase, all coins are remitted directly to your external wallet. Your transactions are performed instantly and appear in your wallet right away. 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. "name": "How Long Does It Take To Buy Bitcoin On Coinmama? Changelly takes 5% on top of the existing 5% payment processor fee. 30,000 USD, Monthly spending limit: ? Most credit transactions will also have a credit clearing fee of between 3%-5%. The Coinmama crypto list also includes Bitcoin Cash, Litecoin, Tezos, Ripple, Dogecoin, Monero, Uniswap, and Chainlink. Launched back in 2013, Coinmama is registered in Slovakia, while owners New Bit Ventures are based in Israel.. Transaction limits vary based on your verification level. Coinmama Review. Offering a wide broad range of cryptos, Coinmama fills a much-needed void, by supporting the purchase of cryptos with fiat money. Here you'll have all the info that you'll need to place an order with us right at your fingertips. Also, Coinmama does not store user credit card or bank details. Which payment methods are accepted? Good information! Coinmama is not a wallet service. "@type": "Review", } Antigua and Barbuda 8. Coinmama is a property of NBV International s.r.o, which is a daughter company of New Bit Ventures Ltd. As a financial service, Coinmama is committed to the highest security and privacy standards. Fees on buys made on Coinmama incur incredibly high fees of 2.93-3.9%. Every new customer to Coinmama must submit verification for their account. Your crypto wallet will then be funded with the cryptos that you have purchased.