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. EMAIL SENT FROM SUPPORT TEAM Unfortunately, we are currently not able to provide our sell services to customers using banks that are not part of the SEPA system (European Union banks). Coinmama Review 2023: Features, Fees, Pros & Cons Explained Customer support. 5,000 USD / ? Visa; Mastercard; Cash (via Western Union transfer) . In terms of regulatory compliance and licensing: Coinmama clearly holds an upper hand. "acceptedAnswer": { }, { "@type": "Answer", "acceptedAnswer": { The main aim of Coinmama is to allow people to own and control their economy, which is often impossible with the traditional financial system. Both have a good reputation. Which payment methods are accepted? With Coinmama, users are able to sell Bitcoin, even if purchased elsewhere and receive fiat money directly in their bank account. "@type": "Rating", "@type": "Offer", Lets hope theyll be back soon. Cookie Settings. To protect both parties from this, Coinmama locks the Bitcoin price for you as soon as you submit your order. Use the search option to find the answer to your question. Available via the mobile app. Furthermore, you can view confirmation of the order on the blockchain explorer." There are 10 assets available to buy, but you can only sell Bitcoin. 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. Credit or Debit Card: 5% momentum fee: Locked rate and fast delivery that is instant. Only Visa/MasterCard are supported. Are card purchases supported in my country? - FAQ - Bitstamp You have the choice between uploading a (1) Drivers License, (2) National or State ID, or (3) Non-US Passport. 10, Maximum number of monthly orders: ? 40,000 USD / ? 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). Also, Coinmama does not store user credit card or bank details. Benin 19. Anyone can get started and purchase bitcoins within an hour. "@type": "Answer", It is a great platform for people who are just starting out with Bitcoin and want to see how it works. Coinmama delivers coins within minutes of purchase. You are required to provide your wallet details during the transaction process. Coinmama provides an exchange to support the buying and selling of cryptos. Verification Time You may be wondering how long does Coinmama take to verify your account. No. Launched back in 2013, Coinmama is registered in Slovakia, while owners New Bit Ventures are based in Israel.. *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, Both companies are regulated entities registered as Money Service Businesses with FinCEN. It is owned by NBV International (the daughter company of New Bit Ventures Ltd). The base price is calculated from. For most customers, setting up a . See below: Once you have decided on the USD equivalent amount of Bitcoin or the number of Bitcoin you wish to purchase, click Buy Now.. Aland Islands 2. The transaction will always be between you and Coinmama. Most credit transactions will also have a credit clearing fee of between 3%-5%. Your mobile phone with a working camera to take a selfie. At this stage, Coinmama will proceed with the verification process and notify you by email upon completion. The total is 0.9% cheaper than Coinmamas total fee (10.9%). Affiliates can: Becoming an affiliate is fast and easy. Step 4: From here you will be brought to the account verification page. Once Coinmama receives the Bitcoins, the transaction will be processed and funds remitted to your bank account. Thank you for your swift reaction and fantastic support. Before making any purchase decision with an exchange always ensure to investigate the reputation of management, venture capital investors and regulatory approvals. The exchange is also one of. If youve had your own experience with Coinmama, Id love to hear about it in the comment section below. At the moment Coinmama supports buying only of the following coins: Coinmama accepts credit or debit cards that are issued by Visa or Mastercard. Users from accepted countries, including Australia, Singapore, Europe, the UK, Canada, New Zealand, and the US, can quickly and safely purchase cryptocurrency using Coinmama. You might have limited functions in some countries but overall, the service is available in the widest range of countries. Prohibited Countries. Getting Started Are you ready to buy bitcoins instantly with your Visa or MasterCard credit card or debit card? The following cryptos are available for purchase on Coinmama: Bitcoin (BTC), Bitcoin Cash (BCH), Cardanos ADA (ADA), EOS (EOS), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), Qtum (QTUM), and Tezos (XTZ). 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. Users can click the Chat link and search by topic for filed articles. Compare our payment methods - Coinmama Support } 10 minutes. Thank you. Once verification and purchases have been approved you will receive your purchased digital currency instantly into your bitcoin wallet." Simple: I opened an account recently to buy Bitcoin. Usually, it takes between 5 to 15 minutes for your Coinmama account to verify successfully after uploading your documents. Coinmama is one of the Slovakia-based cryptocurrency exchanges offering bitcoin buying in 200 countries and dozens of states. 2023 Coinmama Exchange Review: Leadership Page. Rates are calculated by the XBX Index average + 2% (STD dev) + Coinmama sales fee of between 0.1% and 0.9%. ", 5,000 USD / ? She was incredibly patient and generous. 100,000 USD. Buying Bitcoin With Prepaid Card : Here Is How In 2023 - CoinSutra "text": "You can get in touch with Coinmama customer support through a few trusted channels. ", Check your email for a verification confirmation email. Your transactions are performed instantly and appear in your wallet right away. Once you have created your account, Coinmama will then prompt you to complete your profile. To fight fraud all users are required to submit verification before making a purchase. Coinmama is a user-friendly crypto exchange platform supporting the buying and selling of cryptos. 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. The platform is easy to use and sends coins immediately following payment. 30,000 USD, Overall account spending limit: 1,000,000 USD, Daily spending limit: ? Coinmama Support If you pay with a different currency additional fees may be incurred. Certain countries are also served by a third party, rather than directly by Coinmama themselves. 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. Coinmama Review (Updated 2021) - The Best Details To Know Before Using You are then required to upload your identification as well as additional photos in order to complete the KYC process. Restricted U.S. states Hawaii New York Restricted U.S. territories American Samoa Guam Northern Mariana Islands Puerto Rico United States Minor Outlying Islands Virgin Islands We are always working to serve new locations, so check in regularly to see if any changes have been made. You will require the following: When ready to proceed, click Complete My Profile as shown below. Payment methods Coinmama is a venture of NBV International that is registered in Slovakia but currently operates from Israel. Thats why I make it a habit to actually read through the reviews and see what people are complaining about. Established in 2104, Poloniex is a cryptocurrency exchange that was established by an individual by the name of Tristan D'Agosta. Coinmama is a broker exchange based in Israel. Coinmama services are only available in 24 states in the US. They steal your personal information and use it for fraudulent activities. Bitstamp is one of the oldest and most respected exchanges out there, so its a solid alternative for Coinmama. Coinmama offers you the choice of continuing with your desktop or switching to your mobile phone. Click on the blue 'Sign Up' button on the top right. In order to change the purchase currency, simply go to the current dropdown menu and select your preferred currency. Coinmama lets you buy Bitcoin worth up to $150 without uploading any pictures or ID. Coinmama is more of a brokerage than a crypto exchange. In order to contact customer support, click the Help icon that is located at the bottom right of your Coinmama page. 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.). As long as your account is verified, once your order is placed, your bitcoin will arrive in your bitcoin wallet in approximately 10 minutes. } Coinmama Review. Start with as little as $50 Pay by credit card, debit card, or bank transfer Get Started Get started in minutes Coinbase charges a variable fee for credit card purchases, which is estimated to be around 4%. Coinmama offers two entry coins: Bitcoin and Ethereum. Your email address will not be published. Secured by Sucuri. Coinmama offers its services worldwide with the exception of sanctioned countries and several US states. Depending on your country of residence, you may not be able to use all the functions of the site. Then enter your ID number and expiration date. "acceptedAnswer": { See here for details on verification levels. Anyone can get started and purchase bitcoins within an hour. It provides users with a platform to purchase Bitcoin and Ethereum using credit and debit cards. IMPORTANT The fees stated in this table are for credit card purchase only. Lastly, you will need to take a selfie with your ID and a note with todays date and the word Coinmama. If you have the option to use a bank transfer (SEPA, SWIFT, Fedwire, FasterPayments, etc.) With high spending limits and instant delivery of cryptocurrency, Coinmama delivers a first-class experience for beginners and high rollers. Fees on buys made on Coinmama incur incredibly high fees of 2.93-3.9%. 4. Bhutan 21. Bisq Rates and Buying Limits. Earn 15% of Coinmamas commission on all referral purchases included all their future purchases. Coinmama Review (2022) | Read THIS Before Using Coinmama - Quick Penguin In total, Coinbase has supported every major hard fork initiative. The team at Coinmama is amazing! How to Delete Coinbase | Coinbase Review (2022) - Privacy Pros She deserves 10 stars! To qualify you must have been purchasing cryptos for at least 30-days. Coinmama is currently available in 226 countries worldwide, and it also accepts all local currencies. Coinbase vs. Coinmama Comparison - CaptainAltcoin Pros: Good support, relatively quick verification process. 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. The Coinmama crypto list also includes Bitcoin Cash, Litecoin, Tezos, Ripple, Dogecoin, Monero, Uniswap, and Chainlink. Coinmama Review 2023 | Features + Fees | Finder Canada Do note that there is a minimum purchase amount of USD50 equivalent. Coinmama is a non-custodial cryptocurrency broker from Israel that is incorporated in Europe, Slovakia. If you have any issues setting up your account, the Coinmama support team can help you through the process. Some of the supported countries on the exchange platform are Australia, Denmark, Iceland, France, Nepal, Malta, Indonesia, United Kingdom, Lebanon, Mexico, Libya, Sweden, and others. "bestRating": "10", For more information about level 3, contact support@coinmama.com Be forewarned though that level 2 and level 3 verification may take up to six hours or more. Level 3 Requires filling a short form. 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 . When ready to proceed, click "Complete My Profile" as shown below. This removes anonymity while protecting users. For more information on how to create an account with us, click here. Paxful has an excellent customer service team which will help you answer any questions you may have. This page may not include all available products, all companies or all services. Coinmama is an excellent way to purchase Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Ethereum Classic, Qtum, and Cardano instantly with a Visa or MasterCard credit card or debit card. There are plenty of articles available via the help center to assist users in navigating and understanding the processes. Key attributes of the Coinmama platform include: Coinmama has a rewarding affiliates program. It is important to note that Coinmama does provide exchange crypto wallets to house purchased cryptos. "@type": "Answer", ", Coinmama, based in Israel and founded in 2013, is a property of NBV International,which is a daughter company of New Bit Ventures Ltd company. In order to verify your account you will need to submit some form of identification. Coinmama Review 2023 | Must Read Review Before Trading Crypto For more information about level 3, contactsupport@coinmama.com. Sell Crypto: Users are able to sell Bitcoin on the Coinmama platform. The executive team consists of Asaph Schulman (CEO), Nimrod Gruber (Co-Founder), Martin Koelbaek (CHO), Guy Ben-Yossef (CFO), Yaki Oliel (CRO)." The more you buy or sell with Coinmama the more you save on fees. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. Beginner's Guide to Coinmama: Complete Review - Blockonomi Coinmama Accepts Debit Cards | Coinmama Blog 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 . Coinmama is an online cryptocurrency exchange supporting the purchase of cryptos. Bitstamps brokerage service is almost identical to Coinmamas, with about a 0.5% fee difference between the services.