The team behind Coinmama is top notch and they have an entire page devoted to the employees of the platform. Coinmama Review 2023: Is It Legit & Safe? | Honest Analysis - Cryptomaniaks Coinmama also supports the purchase of cryptos in Aussie Dollars, Canadian Dollars, EUROs, Great British Pound, and Japanese Yen. Users funds and cryptos are not held directly by Coinmama. Coinmama holds no cryptos for users on the exchange. Is Coinmama Legit or a Scam? Can You Really Make Money? You have the choice between uploading a (1) Driver's License, (2) National or State ID, or (3) Non-US Passport. rather than a credit card, thats even better since youll save 5% in total fees. Albania 3. My Order Did something go wrong with your order? 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. Certain countries are also served by a third party, rather than directly by Coinmama themselves. This particularly important in the volatile world of crypto. There is no guarantee that any crypto asset will have at any time in the future certain value (if any) or market liquidity. 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. Bhutan 21. Help Centre: A comprehensive library of articles is available to assist users with queries. Coinmama has been able to gain popularity in the world of crypto exchange platforms with the help of its simple user interface. The photo must contain the ID you just uploaded and a piece of paper with Coinmama written on the piece of paper along with todays date. Go to the Coinmama confirmation email and click Confirm Your Email. Level 2 You need to submit a secondary ID. Unfortunately, this cant be avoided when using a credit card, but considering the prompt service its sometimes worth the cost. "@type": "Answer", While this may be a drawback for some, users who sell their Bitcoin on Coinmama receive fiat money equivalent via bank transfers. }, { 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. Coinmama offers you the choice of continuing with your desktop or switching to your mobile phone. Bitcoin Cryptocurrency for Beginners in Ivory Coast },{ ApplePay: Allows millions of Apple users a seamless experience when buying Bitcoin. Pay by credit card, debit card, or bank transfer, A Wellfield Technologies Inc. (WLFD) company Account & Security Where safety comes first. Countries supported: 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. //]]>. Key attributes of the Coinmama platform include: Coinmama has a rewarding affiliates program. Submit a query via Facebook messenger on the Coinmama Facebook homepage. "text": "Coinmama is headquartered in Slovakia, Europe. He deserves a promotion. Buying Bitcoin With Prepaid Card : Here Is How In 2023 - CoinSutra }, Coinmama has 3 levels of savings. Level 3 Requires filling a short form. A very user-friendly platform supporting both novice and experienced crypto investors. The different cryptocurrencies supported on this platform include Bitcoin, Cardano, EOS, Bitcoin Cash, Etherum, Ethereum Classic, Qtum, Tezos, and Litecoin. "name": "Coinmama", Omer was outstanding. 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 . Options available include Faster Payments, Fedwire, SEPA, Sofot, and Swift bank transfers and Apple Pay. Beginner's Guide to Coinmama: Complete Review - Blockonomi "acceptedAnswer": { "acceptedAnswer": { To fight fraud all users are required to submit verification before making a purchase. As a financial service, Coinmama is committed to the highest security and privacy standards. Your personal details and documents are encrypted, and your credit card details are not stored anywhere on the Coinmama website or servers. See here for details on verification levels. It is a centralized service with a large user base of over a million satisfied customers. A full list of supported countries is available on the Coinmama website. 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. "@type": "Product", Total cumulative crypto purchases at Level 1 verification are also capped, at 15,000 USD. "acceptedAnswer": { Coinmama Review: Is it a Safe Crypto Exchange? - Personal Income If you want to send Customer Support a message you can do so here. Coins Supported by Coinmama The following list includes the tokens and coins supported by Coinmama for the time being. Coinmama serves most countries, excluding those that are sanctioned, such as North Korea and Syria. Overall, transactions with Coinmama are simple, secure and show up immediately in your wallet, which makes it an excellent option for those who want to buy cryptocurrency instantly and securely. Your personal details and documents are encrypted, and your credit card details are not stored anywhere on the Coinmama website or servers. The platform was established to create the simplest financial service in the crypto space. This can be located under the Marketing Tools tab in your Coinmama account. ", Once verification and purchases have been approved you will receive your purchased digital currency instantly into your bitcoin wallet. Coinmama is registered in Slovakia but is owned by New Bit Ventures Limited that is headquartered in Israel. ", The more you buy or sell with Coinmama the more you save on fees. You will require the following: Government-issued ID; Your mobile phone with a working camera to take a selfie. Coinmama supplies a brokerage service for Bitcoin and other cryptocurrencies. A flat fee of 20 GBP is charged for users wishing to make an order below 1,000 USD. },{ Now, you need to upload your documents. Users from accepted countries, including Australia, Singapore, Europe, the UK, Canada, New Zealand, and the US, can quickly and safely purchase cryptocurrency using Coinmama. "text": "Coinmama, based in Slovakia and founded in 2013, is a property of NBV International, which is a daughter company of New Bit Ventures Ltd company. Coinmama offers two entry coins: Bitcoin and Ethereum. Coinmama is currently available in more than 180 countries worldwide, including Australia, and it also accepts all local currencies. Visa; Mastercard; Cash (via Western Union transfer) . "name": "Is Coinmama A Bitcoin Wallet? With Coinmama, users are able to sell Bitcoin, even if purchased elsewhere and receive fiat money directly in their bank account. 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. And they boast 68+ million users in 100+ countries , making them one of . Coinmama is a leading cryptocurrency brokerage company that allows you to buy several types of cryptocurrencies with your credit card, by wire transfer (SWIFT, SEPA, Fedwire and FasterPayments) as well as through Apple Pay. Your transactions are performed instantly and appear in your wallet right away. "offers": { "@type": "Answer", Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. Coinmama Accepts Debit Cards | Coinmama Blog Password This ensures that user assets are protected from theft. *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, The platform is easy to use and sends coins immediately following payment. Alex and Joshua made my first ever, Bitcoin purchase experience welcoming! 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. It offers services to over 180 countries around the world. } However, it is a secure platform that has successfully helped over 3 million users purchase digital assets in 188 countries. 20 / ? Support Email: support@coinmama.com Several email correspondences were needed to get up and going. The transaction will always be between you and Coinmama. The exchange is committed to providing the highest levels of privacy and security standards. Coinmama offers very similar services to Coinbase, but which is the best site to buy Bitcoins? "@type": "Review", Your crypto wallet will then be funded with the cryptos that you have purchased. Coinmama also supports multicurrency purchases of cryptos. Where can I use Kraken? - Kraken Okex Payment Methods There are four methods for depositing funds into the Okex trading account. The only countries that are not allowed to use the Coinmama exchange are the sanctions countries. Andorra 4. ", "acceptedAnswer": { Cheapest Way to Buy Bitcoin: Find the Best Site to Buy Bitcoins As long as your account is verified, once your order is placed, your bitcoin will arrive in your bitcoin wallet in approximately 10 minutes. 1 minute read. Coinmama, one of the world's oldest Bitcoin Broker, has its headquarters located in Slovakia. Make sure to learn about each companys values and core mission and to perform proper due diligence on review sites, message boards and withinvestment professionals. 30,000 USD, Overall account spending limit: 1,000,000 USD, Daily spending limit: ? Choose your payment method (credit card) and enter your details to complete the sale. Thank you for your swift reaction and fantastic support. "text": "Coinmama is one of the oldest bitcoin brokers in the business. }] This means that Coinmamas price can be as much as a total of 10.9% above the market rate. You can also make a lifetime purchase amount of 50,000 USD. You can view the payment schedule here. In order to make any type of purchase youll need to complete some form of identity verification. Numerous crypto exchanges and trading platforms do not facilitate the sale of cryptos and withdrawal of fiat money. The exchange has over 2.2 million users, features a fast-track verification process and is available in 190 countries worldwide. ", For beginners, this is an excellent option for buying your first Bitcoin. 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. Fees on buys made on Coinmama incur incredibly high fees of 2.93-3.9%. Some of the more frequently asked questions available on Coinmama include: Does Coinmama facilitate trades between buyers and sellers? This can be anything from a drivers license to a passport. Coinmama's team has placed emphasis on customer support throughout the platform, which will be touched on later in this review. Affiliates can: Becoming an affiliate is fast and easy. Join Coinmama today. "acceptedAnswer": { Coinmama offers support via email only, however the site's FAQ and service desk support documents are reasonably comprehensive and . COINS AVAILABLE ACCEPTED COUNTRIES PAYMENT METHODS TWITTER BINANCE Review Bob Mason Binance is the world's largest online cryptocurrency exchange by trading volume. 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. These are available on the Help Center page. 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. In order to change the purchase currency, simply go to the current dropdown menu and select your preferred currency. As a financial service, Coinmama is committed to the highest security and privacy standards." Do note that there is a minimum purchase amount of USD50 equivalent. Exchange Services, Supported Cryptocurrencies & Payment Methods, https://www.linkedin.com/company/coinmama, https://www.instagram.com/coinmamaofficial/. Coinmama has a presence in almost all countries, leading to an understanding of how popular Coinmama is. These fees include the broker fee only. Crypto purchases can be made in Aussie Dollar, Canadian Dollar, EURO, Japanese Yen, British Pound, and U.S Dollars. 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. Troubleshoot here! Thumbs up for the excellent service guys. The executive team consists of Asaph Schulman (CEO), Nimrod Gruber (Co-Founder), Martin Koelbaek (CHO), Guy Ben-Yossef (CFO), Yaki Oliel (CRO). Your email address will not be published. Visa Mastercard Cash (via Western Union transfer) SEPA (Single Euro Payments Area) Every new customer to Coinmama must submit verification for their account. The crypto price shown on Coinmama is based on a service called TradeBlock XBX. Coinmama accepts all fiat currencies, and our rate can be displayed in either USD, EUR, GBP, CAD, or AUD. What are our non-supported countries, states and territories - MoonPay Coinmamas fees vary depending upon the payment method. Log in. The process is fast. , 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 does provide users with the QR code and download link for ZenGo in case you do not have any crypto wallets. },{ "@type": "Offer", The majority of Coinmamas negative reviews complained about one thing the identity verification process. Currently, all purchases are made in either USD or EUR, which is converted to the local currency following local exchange rates. 30,000 USD / ? They steal your personal information and use it for fraudulent activities. Use the search option to find the answer to your question. "@type": "Answer", Complete the information requested. Countries Supported - All Over The World (190+ Countries) Coinmama is supported in over 190 countries and is constantly adding more (view list). I also took a look at various customer reviews users posted online. Rates are calculated by the XBX Index average + 2% (STD dev) + Coinmama sales fee of between 0.1% and 0.9%. If Coinmama is not serving your state, you have other alternatives such as Paxful, CEX.IO and/or Coinbase. Fees. "@type": "Answer", Coinmama is an online cryptocurrency exchange supporting the purchase of cryptos.