Since the genesis, Coinmama is trusted by over 2,300,000 people across 197 countries. Requiresa valid government-issued IDand aselfie of yourself holding that ID and a note with Coinmama and todays date written on it. 100,000 USD. There is also a comprehensive Support FAQ that covers everything you need to know about the Paxful marketplace. Paxful Review: Countries Supported, Fees & Payment Methods (2022) The executive team consists of Asaph Schulman (CEO), Nimrod Gruber (Co-Founder), Martin Koelbaek (CHO), Guy Ben-Yossef (CFO), Yaki Oliel (CRO). Five stars for customer service. She was incredibly patient and generous. Coinmama is offering brokerage service which costs 5.9% fees on every transaction being made and it changes depending on the number of tokens being purchased. Contact Coinmama | Coinmama Support & Customer Service Sign Up Log In Buy A Wellfield Technologies Inc. (WFLD) company. Coinmama Review 2023: Features, Fees, Pros & Cons Explained Coinmama | World's friendliest crypto exchange platform Learn how to apply technical analysis to current market: En. On the other hand, brokerage services are usually more expensive. "priceCurrency": "USD", The more you buy or sell with Coinmama the more you save on fees. Do note that there is a minimum purchase amount of USD50 equivalent. 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. Antigua and Barbuda 8. It offers its services in more than 188 countries worldwide, which includes the UK, Europe, and most US states. "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. The process is fast. The integration is intended to streamline trading for Bitget's users and allow them to delve into technical and . "text": "Yes, Coinmama functions as a full-featured wallet for protecting your cryptocurrency. The exchange is committed to providing the highest levels of privacy and security standards. Email . Coinbase vs. Coinmama Comparison - CaptainAltcoin Every new customer to Coinmama must submit verification for their account. You are then required to upload your identification as well as additional photos in order to complete the KYC process. 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. While this is the case, the most popular cryptos are available. To qualify you must have been purchasing cryptos for at least 30-days. Your mobile phone with a working camera to take a selfie. 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). Level 1 Crypto Curious: New Coinmama users are Crypto Curious. "reviewBody": "An Inside Look At The Coinmama Cryptocurrency Exchange What Is Coinmama? At this time Coinmama does not allow customers to sell Bitcoins on its platform. I could have been scammed! Coinmama Review - Coinmama Verification, Fees - Compared to Coinbase I came across multiple crypto platforms and Coinmama is the best. Rewards are paid only after 3 successful orders made by at least 3 different users. "reviewRating": { Coinmama Support Here are the daily spending and cyclical limits for liquidity on the Coinmama exchange. Coinmama Review 2023 - Is It Safe? Pros, Cons & More - CoinJournal Across all these places, it has more than 3.1 million users. "review": { It offers services to over 180 countries around the world. I think the help of your team is just great and I really appreciate the quick and uncomplicated, always friendly cooperation. Available via the mobile app. "acceptedAnswer": { Sell Crypto: Users are able to sell Bitcoin on the Coinmama platform. Unfortunately, this cant be avoided when using a credit card, but considering the prompt service its sometimes worth the cost. Best Crypto Exchange Germany 2023: Top 11 Crypto Exchanges! - CryptoNewsZ Coinmama lets you buy Bitcoin worth up to $150 without uploading any pictures or ID. However, it is a secure platform that has successfully helped over 3 million users purchase digital assets in 188 countries. The maximum buying limits depend on your accounts verification level. Supported Countries | CEX.IO Broker Supported Countries / States. Loyalty Program: The more crypto you buy or sell with Coinmama, the more you save. The base price is calculated from TradeBlocks XBX index. Users must complete the verification process to buy and sell cryptos. A flat fee of 20 GBP is charged for users wishing to make an order below 1,000 USD. 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.). Once verification and purchases have been approved you will receive your purchased digital currency instantly into your bitcoin wallet." Supports the purchase of cryptos with multiple fiat money options to facilitate entry into the crypto world. You are required to enter your full name, DOB, and sex and then click Next. 10, Maximum number of monthly orders: ? How To Buy Bitcoin On Paxful With iTunes Gift Card It is important to note that Coinmama does provide exchange crypto wallets to house purchased cryptos. We strive to keep the list as up to date as possible, so we review it at least once a week. Antarctica 7. 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. Okex Payment Methods There are four methods for depositing funds into the Okex trading account. 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. Coinmama has a simple interactive UI that would support your daily use of Coinmama. Youre holding both the ID and the paper note yourself. Please refer to our FAQ on debit and credit cards for the full list of accepted regions. She deserves 10 stars! Furthermore, you can view confirmation of the order on the blockchain explorer." Visa Mastercard Cash (via Western Union transfer) SEPA (Single Euro Payments Area) In total, Coinbase has supported every major hard fork initiative. In terms of regulatory compliance and licensing: Coinmama clearly holds an upper hand. In the past, Coinmama support representatives used to reply to angry commenters in the comments section of this page. 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. This usually happens within the hour. Coinmama ensures speed of delivery, with cryptos reaching buy wallets within minutes. } //Is Coinmama Legit or a Scam? Can You Really Make Money? However, it imposes limits on trade amounts to discourage fraud using fiat money. 42 Pearse St., Dublin D02 YX88, Ireland, Copyright 2023 Coinmama. Many more will be added soon. Go to the Coinmama confirmation email and click Confirm Your Email. 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. Coinmama Review and Best Alternatives. - Crypto Listy 7,500 USD / ? I never had an agent like Alex. Coinmama has three loyalty levels. Coinmama Supported Coins (2023) - Cryptowisser I truly appreciated her kindness and help to navigate this new crypto journey my husband and I are on. ", Coinmama is registered in Slovakia but they offer the service worldwide. You will also need to enter your country of residence and provide your address and phone number. Coinmama sells BTC to UAE country but does not allow to withdraw nor retrieve money from your investment..in short..this is a SCAM!! Both companies are regulated entities registered as Money Service Businesses with FinCEN. The process is called verification and is something everyone must go through before buying crypto anywhere. The basic function will be to answer questions of the customers supported by the . "@type": "Answer", 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. Countries supported: No, your credit/debit card details are not saved in our system. Troubleshoot here! You can purchase . We also partner with third-party platforms to complete transactions in select areas that we're currently unable to serve directly & offer our very own Non-custodial wallet for IOS & Android devices New to Coinmama or don't have a verified account yet? Transfer options vary depending upon user domicile. Coinmama's platform is operated by Cmama Ltd., established and registered in Ireland. Coinmama provides an exchange to support the buying and selling of cryptos. Coinmama has 3 levels of savings. I have much respect for this guys. 15,000 USD / ? 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. Coinmama is one of the oldest bitcoin brokers in the business. Coinmama has a complete help center and also a dedicated support channel via email. Numerous crypto exchanges and trading platforms do not facilitate the sale of cryptos and withdrawal of fiat money. With high spending limits and instant delivery of cryptocurrency, Coinmama delivers a first-class experience for beginners and high rollers. Coinmama protects users with a high level of security. Coinmama Review 2023 | Must Read Review Before Trading Crypto On top of the stated price, you will also need to add a 5% credit card processing fee. Coinmama is a user-friendly crypto exchange platform supporting the buying and selling of cryptos. On the bright side, Coinmama receives a score of Great from TrustPilot. There is a USD15,000 limit on the purchase of cryptos by credit or debit card. Credit card and debit card transactions incur a 5% processing fee. }, Coinmama is not available in the following US states: Cons: Limited states in the US. For beginners, this is an excellent option for buying your first Bitcoin. We currently support instant credit and debit card purchases of cryptocurrencies in the following countries: . If you pay with a different currency additional fees may be incurred. Other payment methods include Fedwire, Swift and Sofort. Which payment methods are accepted? Coinmama is more of a brokerage than a crypto exchange. . Coinmama Supported Countries (Updated 2021) Bisq offers unlimited amount of trades. As a financial service, Coinmama is committed to the highest security and privacy standards." "name": "What Payment Methods Are Available On Coinmama? Coinmama Review (Updated 2021) - The Best Details To Know Before Using Help Centre: A comprehensive library of articles is available to assist users with queries. Already have an account? Coinmama offers you the choice of continuing with your desktop or switching to your mobile phone. ", Thats why I make it a habit to actually read through the reviews and see what people are complaining about. "acceptedAnswer": { Send the Bitcoins that you wish to sell to the Bitcoin wallet address provided. Coinmama typically responds within 1-2 business days. As a Financial Services Business, Coinmama is required to collect certain details about its clients. Support Email: help@paxful.com. This ensures that user assets are protected from theft. Chinese Yuan isn't supported. The same as Level 2, and you must be nearing your 50,000 USD account limit. Had a question about transaction processing time, and it was answered promptly, accurately and by a human being! Once you have created your account, Coinmama will then prompt you to complete your profile. Unlike Coinmama, Coinbase supports a limited number of countries around the world and is known to have horrible support. When you have your ID, mobile phone, and pen and paper ready, click Lets Go. Thumbs up for the excellent service guys. },{ 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. "text": "Available payment methods on Coinmama include debit card, credit card, and bank transfers (including SWIFT and SEPA). },{ Coinmama is currently available in more than 180 countries worldwide, including Malaysia, and it also accepts all local currencies. Server time: 2023-02-18 23:00:24 Sell Us Your Bitcoin - Coinmama Support The minimum amount of Bitcoins you can buy is 50 USD or the equivalent in EUR/GBP/AUD/CAD/JPY. The executive team consists of Asaph Schulman (CEO), Nimrod Gruber (Co-Founder), Martin Koelbaek (CHO), Guy Ben-Yossef (CFO), Yaki Oliel (CRO)." This particularly important in the volatile world of crypto. Do you offer your service internationally? Step 5:Congratulations! These fees include the broker fee only. Your personal details and documents are encrypted, and your credit card details are not stored anywhere on the Coinmama website or servers. 1 minute read. Fees Although Coinmama provides convenience and speed, there may be fees & charges as well. Since Coinmama neither holds cryptos on the exchange nor stores customer information, there is no 2-factor authentication. Coinmama Review: Supported Countries, Fees & Payment Methods (2022) bisq - Buy Bitcoin Worldwide [CDATA[ 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 yourstate of residence as well. . You may be wondering how long does Coinmama take to verify your account. Coinmama has a presence in almost all countries, leading to an understanding of how popular Coinmama is. In order to verify your account you will need to submit some form of identification. 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). This is an important feature to consider, since sometimes a day or two can mean large price fluctuations. Here you'll have all the info that you'll need to place an order with us right at your fingertips. "name": "Is Coinmama Legit? Coinmama offers very similar services to Coinbase, but which is the best site to buy Bitcoins? Supported Countries Currently CEX.IO BROKER operates the following countries: 1. Coinmama Review. Omer represents Coinmama superbly well! The platform is easy to use and sends coins immediately following payment. Several email correspondences were needed to get up and going. Enter your ID number as well as the ID expiration and issuing country. Apart from two of the above IDs, you will also need to upload a utility bill. You can also make a lifetime purchase amount of 50,000 USD. There are plenty of articles available via the help center to assist users in navigating and understanding the processes. When it comes to exchanges, Coinmama is often compared to Coinbase. 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. Every new customer to Coinmama must submit verification for their account. Coinmama is a cryptocurrency exchange that has been around since 2013 and is available in 188 countries. Coinmama Review - 4 Things to Know Before Using (2023 Updated)