We're continually adding more, so make sure to check back in every once in a while for updates. Coinmama is an international cryptocurrency exchange. COINS AVAILABLE ACCEPTED COUNTRIES PAYMENT METHODS TWITTER BINANCE Review Bob Mason Binance is the world's largest online cryptocurrency exchange by trading volume. Coinmama is one of the most established exchanges on the market. Enter the number of Bitcoin that you wish to sell and then click Sell. Thats why I make it a habit to actually read through the reviews and see what people are complaining about. I will be doing a lot of reading before i continue .. Coinmama is an amazing platform. Together with offering amongst the highest daily buying limits in the industry, it justifies its global reach of more than 188 countries. Verification Time You may be wondering how long does Coinmama take to verify your account. Fiat and KIA become one of the first companies to take a step forward and leverage the practical applications of the generative AI chatbot - ChatGPT. Upon promotion to a higher level, you need to meet a cumulative minimum purchase amount over a rolling 90-day period to maintain your status. As soon as I got home I created a, Bitcoin Wallet, on my Home Computer, through BitPay, & funded it through my BRD Wallet and then I was finally able to purchase a, Cold Storage Wallet from, Ledger their, Nano-X! With the small amount of Bitcoin I now have in several Wallets, As soon as I take delivery of my Ledger Nano-X and set it up I can begin using their Ledger Live Service I can begin my true collection of BTC & ETH thru the, Ledger Live App & they get my coin from services like CoinMama deposited straight into my Cold Wallet for safest keeping. IT IS A BIG SCAM, TRAP YOUR MONEY. 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. Coinmama accepts a variety of payment methods for 6 different fiat currencies, and provides multiple purchase options for customers. 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. Yes. The team at Coinmama is amazing! Five stars for customer service. Which payment methods are accepted? In order to verify your account you will need to submit some form of identification. Neither Bankrate nor this website endorses or recommends any companies or products. Coinmama operates in over 190 countries and territories worldwide. Users are able to purchase Coinmama supported cryptos by credit or debit card or by bank transfer. Coinmama protects users with a high level of security. These methods are: Cryptocurrency transfer Bank transfer Alipay Changelly can be used from any country and supports the following fiat currencies: USD,GBP and EUR. Coinmama is one of the Slovakia-based cryptocurrency exchanges offering bitcoin buying in 200 countries and dozens of states. Afghanistan, Aland Islands, Albania, Algeria, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, The Bahamas, Bahrain, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bonaire, Sint Eustatius and Saba, Bosnia and Herzegovina, Botswana, Brazil, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, Colombia, Comoros, Congo, the Democratic Republic of the Congo, Cook Islands, Costa Rica, Cote DIvoire, Croatia, Curacao, Cyprus, Czech Republic, Denmark, Djibouti, Dominica, Dominican Republic, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, French Guiana, French Polynesia, Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guatemala, Guernsey, Guinea, Guinea-Bissau, Guyana, Haiti, Holy See (Vatican City State), Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iraq, Ireland, Isle of Man, Israel, Italy, Jamaica, Japan, Jersey, Jordan, Kazakhstan, Kenya, Kiribati, Korea, Republic of, Kuwait, Lao Peoples Democratic Republic, Latvia, Lesotho, Liberia, Libyan Arab Jamahiriya, Liechtenstein, Lithuania, Luxembourg, Macao, the Former Yugoslav Republic of Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mexico, Micronesia, Federated States of, Moldova, Republic of, Monaco, Mongolia, Montenegro, Montserrat, Morocco, Mozambique, Myanmar, Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand, Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Norway, Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Qatar, Reunion, Romania, Russian Federation, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Samoa, San Marino, Sao Tome and Principe, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Sint Maarten, Slovakia, Slovenia, Solomon Islands, South Africa, Spain, Sri Lanka, Suriname, Svalbard and Jan Mayen, Swaziland, Sweden, Switzerland, Taiwan, Province of China, Tajikistan, Tanzania, United Republic of, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates, United Kingdom, United States*, Uruguay, Uzbekistan, Vanatu, Venezuela, Viet Nam, Virgin Islands, British, Wallis and Futuna, Western Sahara, Yemen, Zambia, Zimbabwe. Coinmama offers 10 coins and tokens for . "datePublished": "2018-10-29", Step 5:Congratulations! "acceptedAnswer": { Coinmama Supported Countries. We currently support instant credit and debit card purchases of cryptocurrencies in the following countries: . In total, Coinbase has supported every major hard fork initiative. In order to change the purchase currency, simply go to the current dropdown menu and select your preferred currency. However, it is a secure platform that has successfully helped over 3 million users purchase digital assets in 188 countries. Thumbs up for the excellent service guys. A full list of supported countries is available on the Coinmama website. For credit card and debit card transactions, there is an additional 5% processing fee added on after choosing a method of payment. 7,500 USD / ? How Long Does It Take To Buy Bitcoin On Coinmama? Coinmama offers its services worldwide with the exception of sanctioned countries and several US states. }, Thank you for your swift reaction and fantastic support. "text": "10 minutes. You then need to enter the amount of Bitcoin you would like to buy. It was founded in 2013 and the first platform to allow purchases using a credit card. https://www.coinmama.com/blog/how-to-cash-out-your-bitcoin/. "name": "How Can I Contact Coinmama Customer Support? Yes. I encourage everyone to try. Coinmama offers two entry coins: Bitcoin and Ethereum. In order to maintain your Believer status. Coinmama. I came across multiple crypto platforms and Coinmama is the best. , 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. 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! Coinmama is an online cryptocurrency exchange supporting the purchase of cryptos. Coinmama lets you buy Bitcoin worth up to $150 without uploading any pictures or ID. 15,000 USD / ? Pay by credit card, debit card, or bank transfer, A Wellfield Technologies Inc. (WLFD) company window.__mirage2 = {petok:"WgpiZBLxhAby4tG2DqiF5QTMMfQp4nATYxsI4D.kRJg-5356800-0"}; At the moment Coinmama supports buying only of the following coins: Coinmama accepts credit or debit cards that are issued by Visa or Mastercard. Albania 3. "name": "Is Coinmama Safe? Coinmama is one of the few exchanges supported almost worldwide. 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). Are you ready to buy bitcoins instantly with your Visa or MasterCard credit card or debit card? Supported Countries Please refer to our FAQ on debit and credit cards for the full list of accepted regions. The team behind Coinmama is top notch and they have an entire page devoted to the employees of the platform. Address: 13 Kypranoros str, Evi Building 1st Floor, Office 104, 1061 Nicosia Phone: +35722310999. The executive team consists of Asaph Schulman (CEO), Nimrod Gruber (Co-Founder), Martin Koelbaek (CHO), Guy Ben-Yossef (CFO), Yaki Oliel (CRO). TradeBlock XBX lists an average of known provider rates, to which Coinmama adds 2% (Std Dev) and includes Coinmamas commission fee of up to 3.9%. 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. There is also a comprehensive Support FAQ that covers everything you need to know about the Paxful marketplace. These fees include the broker fee only. Had a question about transaction processing time, and it was answered promptly, accurately and by a human being! Alex and Joshua made my first ever, Bitcoin purchase experience welcoming! Requires 1 valid government issued ID, a selfie of yourself holding that ID and a note with Coinmama and todays date written on it. Per the reports, Fiat and KIA will now sell cars in the Metaverse by utilizing the capabilities of ChatGPT. We hate spam as much as you do. 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. If you want to send Customer Support a message you can do so here. "name": "Coinmama", Accepted utility bills include electric, cable, gas, water bills, property tax, bank statements or credit card statements (paper bill or internet bills are not accepted). The base price is calculated from. Established in 2104, Poloniex is a cryptocurrency exchange that was established by an individual by the name of Tristan D'Agosta. Belarus 17. Coinmama is a leading Cryptocurrency service provider that was established in 2013. Coinmama has a simple interactive UI that would support your daily use of Coinmama. You have the choice between uploading a (1) Drivers License, (2) National or State ID, or (3) Non-US Passport. Crypto assets are at risk of losing substantial (or all) value within a short time period. Coinmama users are able to freely insert the exact amount of USD, EUR, GBP, CAD, AUD, or JPY to purchase crypto. As a financial service, Coinmama is committed to the highest security and privacy standards backed by excellent customer service. Bahrain 15. You can also make a lifetime purchase amount of 50,000 USD. It operates in 188 countries worldwide, and is available in 24 US States. Coinmama has a dedicated customer support team that works around the clock. Supported crypto coins: 90+ Coinbase prides itself on giving you an easy and simple platform to buy and sell cryptocurrency. If you have the option to use a bank transfer (SEPA, SWIFT, Fedwire, FasterPayments, etc.) The platform is easy to use and sends coins immediately following payment. "author": {"@type": "Person", "name": "Jeffrey Ito"}, Complete the information requested. "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. The platform was established to create the simplest financial service in the crypto space. Residents in these 17 states will be redirected to third-party provider Simplex when creating their account: Alabama, Alaska, Delaware, Georgia, Iowa, Kentucky, Louisiana, Nevada, New Mexico,. 10 minutes. Coins Supported by Coinmama The following list includes the tokens and coins supported by Coinmama for the time being. Coinmama does not provide users with wallets on the exchange. Undoubtedly, an added benefit is that users can also sell Bitcoin for fiat money. Bisq offers unlimited amount of trades. ", },{ Coinmama, one of the world's oldest Bitcoin Broker, has its headquarters located in Slovakia. 30,000 USD, Monthly spending limit: ? 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. ", Verification time takes between 5 to 15 minutes. These are available on the Help Center page. 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. Password Please note that American Express, Discover and PayPal are not accepted. Cryptocurrencies Supported The following cryptocurrencies are supported by Coinmama and can be purchased instantly with a credit card, debit card or bank transfer: Bitcoin Ethereum Ripple Litecoin Some would argue that Binance has an easier KYC process, but Ive actually experienced it the other way around. Your Coinmama account is set up and ready to go. Most positive reviews praise the customer support of the site. Rates are calculated by the XBX Index average + 2% (STD dev) + Coinmama sales fee of between 0.1% and 0.9%. Are my credit/debit card details saved in your system? Once you have created your account, Coinmama will then prompt you to complete your profile. 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. Bisq Rates and Buying Limits. 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. You must make a cumulative purchase amount of 18,000 USD over a 90-day rolling period. Coinmama does provide 24/7 email support, however. For a complete guide on which form of ID is required in each country, Click on Buy and choose the cryptocurrency you want to buy, Decide on the amount you want to purchase and click buy now, (SEPA, SWIFT, Fedwire, FasterPayments, etc.). Click on the blue Sign Up button on the top right. Coinmama offers a wide range of cryptos that are amongst the most popular cryptos in the market. 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. "@type": "Question", Coinmama has a presence in almost all countries, leading to an understanding of how popular Coinmama is. Countries with limited support: China, Russia. Coinmama serves most countries, excluding those that are sanctioned, such as North Korea and Syria. Azerbaijan 13. 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. As long as your account is verified, once your order is placed, your bitcoin will arrive in your bitcoin wallet in approximately 10 minutes. A full list of supported countries is available on the Coinmama website. When registered, you need to add your credit card details. The Coinmama crypto list also includes Bitcoin Cash, Litecoin, Tezos, Ripple, Dogecoin, Monero, Uniswap, and Chainlink. 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. Strong emphasis on security as a crypto platform falling under the purview of FINCEN. Blog: A dedicated blog page delivers users with the latest crypto news and views, key for any crypto investor. All Rights Reserved. Coinmama is a leader exchange in the crypto community by a group of crypto experts and entrepreneurs. As a Financial Services Business, Coinmama is required to collect certain details about its clients. Antigua and Barbuda 8. Level 2 Crypto Enthusiast: Save 12.5% on Coinmama fees. Coinmama allows you to purchase and sell cryptocurrencies with a variety of different payment methods. "@context": "https://schema.org", },{ The document verification process usually takes around 30 minutes, which is one of the quickest in the market. "worstRating": "0" Your personal details and documents are encrypted, and your credit card details are not stored anywhere on the Coinmama website or servers. },{ You will require the following: When ready to proceed, click Complete My Profile as shown below. To fight fraud all users are required to submit verification before making a purchase. For completion of the verification process, please ensure the following: Once you have uploaded the selfie, click Looks Good. (Coinmama is planning to expand this beyond Bitcoin in the near-term, however). Coinbase charges a variable fee for credit card purchases, which is estimated to be around 4%. For a complete guide on which form of ID is required in each country, read this post. 2023 Coinmama Exchange Review: Leadership Page. Exchange Services, Supported Cryptocurrencies & Payment Methods, https://www.linkedin.com/company/coinmama, https://www.instagram.com/coinmamaofficial/. 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: ? Earn 15% of Coinmamas commission on all referral purchases included all their future purchases. On the bright side, Coinmama receives a score of Great from TrustPilot. Coinmama also supports the purchase of cryptos in Aussie Dollars, Canadian Dollars, EUROs, Great British Pound, and Japanese Yen. Credit or Debit Card: 5% momentum fee: Locked rate and fast delivery that is instant. Coinmama offers its services worldwide with the exception of sanctioned countries and several US states. Not only is Coinmama one of the most popular bitcoin exchanges around the globe, but also it is one of the oldest that accept credit card and debit card purchases. 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. "@type": "Answer", Coinmama was founded in 2013, which makes it a well-established place to buy Bitcoin (BTC) and other cryptocurrencies. Send the Bitcoins that you wish to sell to the Bitcoin wallet address provided. Anguilla 6. Customer Service Coinmama has a dedicated customer support team that works around the clock. Do you offer your service internationally? "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. Cons: Limited states in the US. 12,000 USD, Monthly spending limit: ? The base price is calculated from TradeBlocks XBX index. The platform allows users to purchase crypto with fiat money. Coinmama is a reputable company and their support is pretty good. When it comes to exchanges, Coinmama is often compared to Coinbase. . Heres a short comparison of Coinmamas brokerage service compared to other popular services around. Launched back in 2013, Coinmama is registered in Slovakia, while owners New Bit Ventures are based in Israel. ", Now you will need to confirm via a confirmation link sent to your email address. Coinmama provides a very simple to use platform supporting the purchase of cryptos. "name": "What Countries Does Coinmama Support? "ratingValue": "8.9", The short answer is yes. Coinmama services are only available in 24 states in the US. This table does not include all companies or all available products. Australia 12. Coinmama accepts only Visa and Mastercard. For strengthened security, in addition to creating a strong password, users are advised to enable 2-Factor Authentication (2FA) on their Coinmama account." Visa credit/debit cards Mastercard credit/debit cards Go to Coinmama's website Click here! ", Furthermore, you can view confirmation of the order on the blockchain explorer." They provide you good service; if reach out to them they respond in a timely manner. Step 3:On the next screen you will need to upload a form of identification verification front and back. "price": "0" When it comes to exchanges, Coinmama is often compared to Coinbase. It is important to note that, while users can buy the most popular cryptos, users can only sell Bitcoin. In order to sell Bitcoin, click the Sell icon located at the top of your Coinmama page. Credit card or debit card is the most popular method of payment.