Launched back in 2013, Coinmama is registered in Slovakia, while owners New Bit Ventures are based in Israel. Log in. 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. Every new customer to Coinmama must submit verification for their account. 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. Powered by Siteground. Furthermore, you can view the confirmation of the order on the blockchain explorer. Both have a good reputation. I will be doing a lot of reading before i continue .. Coinmama is an amazing platform. However these are just standard Know Your Customer (KYC) and Anti Money Laundering (AML) policies that most legit exchanges must adhere to. 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. Step 4: From here you will be brought to the account verification page. A very user-friendly platform supporting both novice and experienced crypto investors. Learn how to apply technical analysis to current market: En. Prices are denominated in EUR, USD, GBP, AUD, CAD or JPY. Coinmama has a dedicated customer support team that works around the clock. Coinmama only supports the sale of Bitcoin, and not the other Coinmama supported cryptos. "text": "Yes, Coinmama functions as a full-featured wallet for protecting your cryptocurrency. "name": "What Countries Does Coinmama Support? Click here! Poloniex caters mainly to U . The customer support is speedy, and the website offers a comprehensive support section for users. "name": "Coinmama", Coinmama, a cryptocurrency exchange platform, offers a fast and safe way to purchase and sell most of the most popular cryptos. The exchange is committed to providing the highest levels of privacy and security standards. In terms of Coinmama fees vs Binance - Binance is cheaper (precisely Binance Jersey is cheaper, Coinmama has no trading fees as it offers no trading at all). The basic function will be to answer questions of the customers supported by the . Apart from two of the above IDs, you will also need to upload a utility bill and complete a KYC questionnaire. They steal your personal information and use it for fraudulent activities. Since Coinmama neither holds cryptos on the exchange nor stores customer information, there is no 2-factor authentication. Payment methods "@type": "Question", Your Coinmama account is set up and ready to go. Coinmama's team has placed emphasis on customer support throughout the platform, which will be touched on later in this review. Coinmama operates in over 190 countries and territories worldwide. Furthermore, you can view confirmation of the order on the blockchain explorer." "reviewBody": "An Inside Look At The Coinmama Cryptocurrency Exchange What Is Coinmama? Both companies are regulated entities registered as Money Service Businesses with FinCEN. Address: 13 Kypranoros str, Evi Building 1st Floor, Office 104, 1061 Nicosia Phone: +35722310999. The daily limit lasts 24 hours from the moment an order is placed. Also, Coinmama does not store user credit card or bank details. Per the reports, Fiat and KIA will now sell cars in the Metaverse by utilizing the capabilities of ChatGPT. Undoubtedly, an added benefit is that users can also sell Bitcoin for fiat money. Do note that Coinmamas customer service hours are 7:00 AM 24:00 AM GMT. Coinmama is one of the Slovakia-based cryptocurrency exchanges offering bitcoin buying in 200 countries and dozens of states. "@type": "Product", The more referrals an affiliate makes, the more Coinmama pays in Bitcoin. Since its foundation in 2013, it has grown to serve over 2 million customers across 188 countries and today has over 40 employees. If you want to purchase digital currency with a credit card or debit card it must be a Visa or MasterCard." All rights reserved. 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. Level 1 Requires 1 valid government issued ID, a selfie of yourself holding that ID and a note with Coinmama and todays date written on it. Their only downside, in my opinion, is the high fees. However, it imposes limits on trade amounts to discourage fraud using fiat money. 20 / ? Users funds and cryptos are not held directly by Coinmama. } In order to verify your account you will need to submit some form of identification. This includes name, email, password, and country of residence. See here for details on verification levels. Crypto assets are at risk of losing substantial (or all) value within a short time period. Coinmama is currently available in 226 countries worldwide, and it also accepts all local currencies. With Coinmama, users are able to sell Bitcoin, even if purchased elsewhere and receive fiat money directly in their bank account. } A friendly experience in these days of automation! As a financial service, Coinmama is committed to the highest security and privacy standards backed by excellent customer service. , 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. they are scammers. When it comes to exchanges, Coinmama is often compared to Coinbase. Your personal details and documents are encrypted, and your credit card details are not stored anywhere on the Coinmama website or servers. "review": { Certain countries are also served by a third party, rather than directly by Coinmama themselves. Bermuda 20. The exchange is committed to providing the highest levels of privacy and security standards. To qualify you must have been purchasing cryptos for at least 30-days. It is highly appreciated. 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. Bitmex is a P2P cryptocurrencies trading platform established in 2014 by co-founders Arthur Hayes, Ben Delo and Samuel Reed, who have respective backgrounds in finance, trading, and web . Coinmama Review. This is the account verification process. Enter your ID number as well as the ID expiration and issuing country. Prohibited Countries. The process is called verification and is something everyone must go through before buying crypto anywhere. We hate spam as much as you do. Coinmama. The company also operates in the United States . "text": "Coinmama is one of the oldest bitcoin brokers in the business. This can be anything from a drivers license to a passport. This can be anything from a drivers license to a passport. Pros: Good support, relatively quick verification process. Coinmama's platform is operated by Cmama Ltd., established and registered in Ireland. Affiliates earn 15% of fees for the lifetime of each customer they refer to Coinmama. "@type": "FAQPage", All in all, the service is solid. Required fields are marked *. Submit a query via Facebook messenger on the Coinmama Facebook homepage. Social Media: Coinmama has a growing social media presence: Facebook: https://www.facebook.com/Coinmama/, LinkedIn: https://www.linkedin.com/company/coinmama, Instagram: https://www.instagram.com/coinmamaofficial/. The minimum amount of Bitcoins you can buy is 50 USD or the equivalent in EUR/GBP/AUD/CAD/JPY. With high spending limits and instant delivery of cryptocurrency, Coinmama delivers a first-class experience for beginners and high rollers. It operates in 188 countries worldwide, and is available in 24 US States. 100,000 USD. Coinmama offers 10 coins and tokens for . It offers a great, beginner-friendly platform that lets users purchase Bitcoin and other staple cryptocurrencies. For demonstrative purposes, we will keep going with the desktop. "acceptedAnswer": { Coinmama protects users with a high level of security. Coinmama has been able to gain popularity in the world of crypto exchange platforms with the help of its simple user interface. Coinmama holds no cryptos for users on the exchange. "name": "Coinmama", Visa Mastercard Cash (via Western Union transfer) SEPA (Single Euro Payments Area) Coinmama offers its services worldwide with the exception of sanctioned countries and several US states. and now they wont let me buy bitcoin and wont give me my money back. At peak times, however, the verification process could take a couple of hours. 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. Customer service hours are from Sunday-Thursday 9:00-18:00 GMT+3 / 2 AM-10 AM EDT / 11 PM-7 AM PDT. 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. Name Ticker Launch Year Bitcoin BTC 2009 Visit Litecoin LTC 2011 Visit EOS Token EOS 2017 Visit Ethereum ETH 2016 Coinmama is a property of NBV International s.r.o, which is a daughter company of New Bit Ventures Ltd. No call center for customer support. } Step 2: On the next screen you will find a screen where you can enter your personal details such as email, password, first name, last name, country of residence and possibly your state of residence as well. 10, Maximum number of monthly orders: ? Supported Cryptocurrencies. Changelly can be used from any country and supports the following fiat currencies: USD,GBP and EUR. Really good.. but also your information on your site was a real eye-opener! He deserves a promotion. As a Financial Services Business, Coinmama is required to collect certain details about its clients. Verification time takes between 5 to 15 minutes. I truly appreciated her kindness and help to navigate this new crypto journey my husband and I are on. You are required to provide your wallet details during the transaction process. Visa; Mastercard; Cash (via Western Union transfer) . 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. If any of them succeeded, the company would have gained more control over the Bitcoin network. No advanced tools for trading Bitcoin and other cryptos. "@context": "https://schema.org/", Fees incurred on buy orders depend both on the user loyalty level and method of payment. For credit card and debit card transactions, there is an additional 5% processing fee added on after choosing a method of payment. Anyone can get started and purchase bitcoins within an hour.

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