Check your email for a verification confirmation email. "text": "Yes, Coinmama functions as a full-featured wallet for protecting your cryptocurrency. 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. Supported Countries },{ 30,000 USD, Monthly spending limit: ? Coinmama also supports multicurrency purchases of cryptos. Youre holding both the ID and the paper note yourself. 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/. As long as your account is verified, once your order is placed, your bitcoin will arrive in your bitcoin wallet in approximately 10 minutes. The only countries that are not allowed to use the Coinmama exchange are the sanctions countries. Coinmama has 3 levels of savings. The executive team consists of Asaph Schulman (CEO), Nimrod Gruber (Co-Founder), Martin Koelbaek (CHO), Guy Ben-Yossef (CFO), Yaki Oliel (CRO). Step 5:Congratulations! Do note that there is a minimum purchase amount of USD50 equivalent. ", 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. Changelly used to be known to be one of the most expensive services you could use to buy Bitcoin with a credit card. The crypto price shown on Coinmama is based on a service called TradeBlock XBX. Learn how to apply technical analysis to current market: En. Supported currencies on Coinmama Coinmama accepts all major world fiat currencies: USD EUR British Pound Canadian Dollars Australian Dollars You can buy these cryptocurrencies: BTC ETH LTC BCH ETC XRP QTUM ADA What are Coinmama Fees? Complete the information requested. Ru. 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. The listings that appear on this page are from companies from which this website and Bankrate may receive compensation, which may impact how, where and in what order products appear. "name": "Coinmama", Customer Service Coinmama has a dedicated customer support team that works around the clock. Powered by Siteground. Several email correspondences were needed to get up and going. It is recommended that you do not store your bitcoins on Coinmama for an extended period of time and instead consider moving them to a secure cloud, smartphone or hardware wallet such the Trezor One. Buy & Sell Limits Here are the daily spending and cyclical limits for liquidity on Coinmama exchange. See this guide for more instructions on how to place an order. Then, to buy Bitcoin, click the "Buy/Sell" tab as shown below. The different cryptocurrencies supported on this platform include Bitcoin, Cardano, EOS, Bitcoin Cash, Etherum, Ethereum Classic, Qtum, Tezos, and Litecoin. It operates in 188 countries worldwide, and is available in 24 US States. Coinmama does provide 24/7 email support, however. Since its foundation in 2013, it has grown to serve over 2 million customers across 188 countries and today has over 40 employees. 5,000 USD / ? In order to change the purchase currency, simply go to the current dropdown menu and select your preferred currency. Coinmama is one of the oldest bitcoin brokers in the business. Good information! Stay in touch. Also, Coinmama does not store user credit card or bank details. 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: ? "name": "How Can I Contact Coinmama Customer Support? In order to get started with buying bitcoins on Coinmama, here are the steps you will need to take: Step 1:Visit the Coinmama home page. Payments can be made on Coinmama through Apple Pay, SEPA, SWIFT, Fedwire, and Faster Payments. Anyone can get started and purchase bitcoins within an hour. See this guide for more instructions on how to place an order. You then need to provide your bank details. 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. You are required to provide your wallet details during the transaction process. Step 4: From here you will be brought to the account verification page. Coinmama is well-known for enabling users to buy Bitcoins using a credit card and now also accepts Apple Pay. Upon completion of the information, click Next. "@type": "Answer", 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. Omer was outstanding. The integration is intended to streamline trading for Bitget's users and allow them to delve into technical and . All in all, the service is solid. As a financial service, Coinmama is committed to the highest security and privacy standards. Coinmama offers two entry coins: Bitcoin and Ethereum. The pros of a brokerage service are mainly that the process is simple and fast, since you dont need to look for a buyer on your own. 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). Coinmama is a venture of NBV International that is registered in Slovakia but currently operates from Israel. Both accept credit card and debit card as a payment method and allow you to purchase Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Coinmama offers 10 coins and tokens for . Fill in the registration page. While you wait, we recommend that you familiarise yourself with the platform. Great customer service and really easy to use. Troubleshoot here! 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. Affiliate: Affiliates earn 15% of Coinmamas commissions on all referral purchases, including all their future purchases. Coinmama's team has placed emphasis on customer support throughout the platform, which will be touched on later in this review. Level 3 Crypto Believer: Save 25% on Coinmama fees and enjoy queueless customer support. Coinmama offers its services worldwide with the exception of sanctioned countries and several US states. } 2023 Coinmama Exchange Review: Leadership Page. Users can either make purchases by credit or debit card or via fund transfers. "brand": "Coinmama", Are you ready to buy bitcoins instantly with your Visa or MasterCard credit card or debit card? 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 Unlike Coinmama, Coinbase supports a limited number of countries around the world and is known to have horrible support. 10, Maximum number of monthly orders: ? 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. Here are the daily spending and cyclical limits for liquidity on the Coinmama exchange. send a transfer of 500 euros for a bitcoin purchase. Bahamas 14. Numerous crypto exchanges and trading platforms do not facilitate the sale of cryptos and withdrawal of fiat money. Changelly can be used from any country and supports the following fiat currencies: USD,GBP and EUR. Launched back in 2013, Coinmama is registered in Slovakia, while owners New Bit Ventures are based in Israel. My Order Did something go wrong with your order? This is the account verification process. Which payment methods are accepted? Coinmama accepts a variety of payment methods for 6 different fiat currencies, and provides multiple purchase options for customers. Thank you for your swift reaction and fantastic support. Belarus 17. Coinmamas brokerage service allows you to buy Bitcoin and other cryptocurrencies easily with your credit card, SWIFT or SEPA transfer and was also the first company to partner up with Apple Pay to buy Bitcoin. "@type": "Question", 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. "image": "https://mlitbglwlifo.i.optimole.com/cb:DKCa~1014e/w:300/h:75/q:mauto/f:avif/id:516f1f3e7e1e152109181f9ac46462d6/https://www.smartbitcoininvestments.com/coinmama_logo_blue_small.png", Coinmama Countries Supported 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. Coinmama does provide users with the QR code and download link for ZenGo in case you do not have any crypto wallets. For strengthened security, in addition to creating a strong password, users are advised to enable 2-Factor Authentication (2FA) on their Coinmama account." To protect both parties from this, Coinmama locks the Bitcoin price for you as soon as you submit your order. Binance allows purchases of crypto with a credit card, both through themselves and third-party providers such as Simplex. Both have a good reputation. Coinmama offers very similar services to Coinbase, but which is the best site to buy Bitcoins? Pros: Good support, relatively quick verification process. Supported Countries. "ratingValue": "8.9", Total cumulative crypto purchases at Level 1 verification are also capped, at 15,000 USD. Both companies are regulated entities registered as Money Service Businesses with FinCEN. Offering a wide broad range of cryptos, Coinmama fills a much-needed void, by supporting the purchase of cryptos with fiat money. If you have the option to use a bank transfer (SEPA, SWIFT, Fedwire, FasterPayments, etc.) Apart from two of the above IDs, you will also need to upload a utility bill and complete a KYC questionnaire. Coinmama has a presence in almost all countries, leading to an understanding of how popular Coinmama is. "@type": "Question", Heres a short comparison of Coinmamas brokerage service compared to other popular services around. Visit Coinmama Read review How to Use Coinmama 1. Neither Bankrate nor this website endorses or recommends any companies or products. Bisq Rates and Buying Limits. Poloniex caters mainly to U . Alex and Joshua made my first ever, Bitcoin purchase experience welcoming! 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. The exchange rate provided by Binance is similar to Coinmamas. //