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"@type": "Answer", A friendly experience in these days of automation! And they boast 68+ million users in 100+ countries , making them one of . "@type": "Question", Coinmama's platform is operated by Cmama Ltd., established and registered in Ireland. Options available include Faster Payments, Fedwire, SEPA, Sofot, and Swift bank transfers and Apple Pay. } Coinmama makes your Bitcoin purchase nice and easy. } What countries are supported by Coinmama? Coinmama is a reputable company and their support is pretty good. Anyone can get started and purchase bitcoins within an hour. 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. ", After getting the, BRD Wallet and getting verified with, BitPay I purchased my 1st Bitcoin with CASH through a Bitcoin Vendor Machine, in my community! "name": "Coinmama", Enter the number of Bitcoin that you wish to sell and then click Sell. Verification Time You may be wondering how long does Coinmama take to verify your account. "name": "How Can I Contact Coinmama Customer Support? },{ This can be located under the Marketing Tools tab in your Coinmama account. "acceptedAnswer": { "@type": "Answer", "text": "10 minutes. Company Facts: 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. Coinmama only supports the sale of Bitcoin, and not the other Coinmama supported cryptos. How Long Does It Take To Buy Bitcoin On Coinmama? This means that the company sells you the coins directly, as opposed to a trading platform where you buy the coins from other people. "acceptedAnswer": { Five stars for customer service. ", 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. Antigua and Barbuda 8. However I could buy a Mobile Wallet thru, BRD, with no hard Verification Process! Countries supported: "acceptedAnswer": { "name": "Where Is Coinmama Located? Coinmama has lower fees for bank transfers, 0%, yet higher fees for credit card and debit card purchases, 5%, when compared to Coinbase which charges 1.49% and 3.99% respectively. Coinmama offers 10 coins and tokens for . 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. 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. 7,500 USD / ? Supported countries. Bisq Rates and Buying Limits. Any person with a valid Visa or MasterCard card issued in a non-sanctioned . } The more you buy or sell with Coinmama the more you save on fees. They were and are SPLENDID! LTD All rights reserved. The minimum transaction amount to buy cryptocurrency is $50. Cons: Limited states in the US. Coinmama offers very similar services to Coinbase, but which is the best site to buy Bitcoins? 10, Maximum number of monthly orders: ? [CDATA[ "author": {"@type": "Person", "name": "Jeffrey Ito"}, Andorra 4. 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. Currently, all purchases are made in either USD or EUR, which is converted to the local currency following local exchange rates. Level 1 Crypto Curious: New Coinmama users are Crypto Curious. Coinmama does recommend that users enable 2-factor authentication on any wallet apps, however. 2. Since its foundation in 2013, it has grown to serve over 2 million customers across 188 countries and today has over 40 employees. } Most credit transactions will also have a credit clearing fee of between 3%-5%. A very user-friendly platform supporting both novice and experienced crypto investors. The majority of Coinmamas negative reviews complained about one thing the identity verification process. 30,000 USD, Monthly spending limit: ? Click on the blue Sign Up button on the top right. The platform is easy to use and sends coins immediately following payment. Together with offering amongst the highest daily buying limits in the industry, it justifies its global reach of more than 188 countries. Support Email: help@paxful.com. Visa; Mastercard; Cash (via Western Union transfer) . With high spending limits and instant delivery of cryptocurrency, Coinmama delivers a first-class experience for beginners and high rollers. This is lower than the 5.9% Coinmama charges. Buy Crypto: Coinmama users are able to purchase supported cryptos by credit or debit card or by bank transfer or Apple Pay. Step 5:Congratulations! When registered, you need to add your credit card details. Poloniex caters mainly to U . Armenia 10. If you pay with a different currency additional fees may be incurred. Coinmama has been able to gain popularity in the world of crypto exchange platforms with the help of its simple user interface. You have the choice between uploading a (1) Drivers License, (2) National or State ID, or (3) Non-US Passport. Thank you for your swift reaction and fantastic support. Had a question about transaction processing time, and it was answered promptly, accurately and by a human being! The more you spend on Coinmama the greater your savings overall on fees. It was founded in 2013 and the first platform to allow purchases using a credit card. Upon completion of the information, click Next. Coinmama provides an exchange to support the buying and selling of cryptos. Support Email: support@coinmama.com Buy more and save on Coinmama fees with an added crypto bonus to your order. Coinmama is one of the Slovakia-based cryptocurrency exchanges offering bitcoin buying in 200 countries and dozens of states. The monthly limit is a moving sum of the last 30 days. It offers a great, beginner-friendly platform that lets users purchase Bitcoin and other staple cryptocurrencies. Certain countries are also served by a third party, rather than directly by Coinmama themselves. Usually, it takes between 5 to 15 minutes for your Coinmama account to verify successfully after uploading your documents. China says should advance peaceful reunification with Taiwan, China sets economic growth target of around 5% as parliament opens, 50,000 march across Australias Harbour Bridge for WorldPride, China sets slightly lower annual GDP growth target government report, At right-wing CPAC forum, Trump shows why hell be tough to topple, Britain says Ukraine forces defending Bakhmut under increasingly severe pressure, XRP Bulls to Target $0.39 on the Latest SEC v Ripple Case Filing, Crypto Market Daily Highlights: Silvergate Bank Fall Out Weighed, ETH Bears to Target Sub-$1,500 on Increasing Crypto Scrutiny, ADA Price Prediction: Bears Eye Sub-$0.320 on Crypto Scrutiny, XRP Recovers from Sub-$0.36 on a Friday SEC v Ripple Filing, Crypto Market Daily Highlights: BTC Visits Sub-$22,000 on Silvergate Bank. Cookie Settings. Your personal details and documents are encrypted, and your credit card details are not stored anywhere on the Coinmama website or servers. 42 Pearse St., Dublin D02 YX88, Ireland Buy Crypto Buy Cryptocurrency Buy Bitcoin Buy Bitcoin with Bank Account Buy Bitcoin with SWIFT Buy Bitcoin with SEPA Buy Bitcoin in Australia Quick Links How It Works Academy FAQ Coinmama sells BTC to UAE country but does not allow to withdraw nor retrieve money from your investment..in short..this is a SCAM!! }. Paxful has an excellent customer service team which will help you answer any questions you may have. You must make a cumulative purchase amount of 18,000 USD over a 90-day rolling period. Your email address will not be published. Coinmama has a presence in almost all countries, leading to an understanding of how popular Coinmama is. Antarctica 7. Coinmama primarily accepts USD, EUR, GBP, CAD, and AUD but accepts all currencies. To qualify you must have been purchasing cryptos for at least 30-days. After submitting your details for verification, well then quickly go over it and make sure everything looks good. Coinmama primarily accepts USD, EUR, GBP, CAD, and AUD but accepts all currencies. 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. All rights reserved. Are you ready to buy bitcoins instantly with your Visa or MasterCard credit card or debit card? Albania 3. Since the genesis, Coinmama is trusted by over 2,300,000 people across 197 countries. These fees include the broker fee only. "@type": "Question", Countries with limited support: China, Russia. Coinmama is available in more than 200 countries around the world, except for a few restricted areas. 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. When you have your ID, mobile phone, and pen and paper ready, click Lets Go. The exchange is committed to providing the highest levels of privacy and security standards. All cryptos are immediately transferred to the purchasers specified wallet upon purchase. "text": "Available payment methods on Coinmama include debit card, credit card, and bank transfers (including SWIFT and SEPA). },{ 30,000 USD, Monthly spending limit: ? Coinmama is a user-friendly crypto exchange platform supporting the buying and selling of cryptos. Bermuda 20. Coinmama Countries Supported The only countries that are not allowed to use the Coinmama exchange are the sanctions countries. In terms of regulatory compliance and licensing: Coinmama clearly holds an upper hand. "@type": "Answer", 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. 10 minutes. More advanced users can use alternative trading platforms to save on transaction fees. "description": "Coinmama is a cryptocurrency exchange that specializes in credit card, debit card, and cash purchases for verified customers in countries all over the globe. Most positive reviews praise the customer support of the site. ", Coinmama offers a wide range of cryptos that are amongst the most popular cryptos in the market. ApplePay: Allows millions of Apple users a seamless experience when buying Bitcoin. While this may be a drawback for some, users who sell their Bitcoin on Coinmama receive fiat money equivalent via bank transfers. For most customers, setting up a . 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). ", Apart from two of the above IDs, you will also need to upload a utility bill. The executive team consists of Asaph Schulman (CEO), Nimrod Gruber (Co-Founder), Martin Koelbaek (CHO), Guy Ben-Yossef (CFO), Yaki Oliel (CRO)."