With users accepted in every country and region. See this guide for more instructions on how to place an order. Africa. Furthermore, you can view confirmation of the order on the blockchain explorer. In order to verify your account you will need to submit some form of identification. 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. This page may not include all available products, all companies or all services. Level 3 Requires filling a short form. Credit card and debit card transactions incur a 5% processing fee. Barbados 16. "author": {"@type": "Person", "name": "Jeffrey Ito"}, Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. No advanced tools for trading Bitcoin and other cryptos. The process is fast. A flat fee of 20 GBP is charged for users wishing to make an order below 1,000 USD. "name": "What Is Coinmama? Coinmama is one of the Slovakia-based cryptocurrency exchanges offering bitcoin buying in 200 countries and dozens of states. Coinmama has a presence in almost all countries, leading to an understanding of how popular Coinmama is. Here you'll have all the info that you'll need to place an order with us right at your fingertips. Yes. However I could buy a Mobile Wallet thru, BRD, with no hard Verification Process! I have much respect for this guys. The mission of Coinmama is to empower humanity one human at a time by making it fast, safe and fun to buy digital currency, anywhere in the world. As a financial service, Coinmama is committed to the highest security and privacy standards." Supported countries. 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. It is important to note that Coinmama does provide exchange crypto wallets to house purchased cryptos. Anyone can get started and purchase bitcoins within an hour. Five stars for customer service. Total cumulative crypto purchases at Level 1 verification are also capped, at 15,000 USD. Coinmama users are able to freely insert the exact amount of USD, EUR, GBP, CAD, AUD, or JPY to purchase crypto. Users must complete the verification process to buy and sell cryptos. Prepaid cards are also supported by Coinmama for buying BTC and other currencies. Enter the number of Bitcoin that you wish to sell and then click Sell. In Coinmamas case, the company has made ongoing efforts to reduce their fees as much as possible. Visit Coinmama Read review How to Use Coinmama 1. Your mobile phone with a working camera to take a selfie. Support Email: help@paxful.com. As instructed, ensure that: Now take a selfie. "@type": "Rating", Bermuda 20. ", Every new customer to Coinmama must submit verification for their account. Coinmama offers two entry coins: Bitcoin and Ethereum. Coinmama supplies a brokerage service for Bitcoin and other cryptocurrencies. Coinmama offers you the choice of continuing with your desktop or switching to your mobile phone. The company focuses on customer experience and customer service so that transactions are super quick (user verification takes around 30 minutes). Countries Supported. Coinmama offers a wide range of cryptos that are amongst the most popular cryptos in the market. It is highly appreciated. "ratingValue": "8.9", Contact Us *CEX MARKETS LTD. Join Coinmama today. } 15,000 USD / ? 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. 1 minute read. ", 5,000 USD / ? Before making any purchase decision with an exchange always ensure to investigate the reputation of management, venture capital investors and regulatory approvals. Coinmama, a cryptocurrency exchange platform, offers a fast and safe way to purchase and sell most of the most popular cryptos. Coinmama is one of the few exchanges supported almost worldwide. } HOW IRRESPONSIBLE TO PROVIDE THE WRONG INFORMATION AND INSTRUCTIONS ONLINE, THEN THE COMPANY DOES NOT TAKE ANY ACTION AND SOLUTIONS FOR CUSTOMERS. 40,000 USD / ? I think the help of your team is just great and I really appreciate the quick and uncomplicated, always friendly cooperation. Please refer to our FAQ on debit and credit cards for the full list of accepted regions. i have complained by mail but they wont give me an answer. Coinmama lets you buy Bitcoin worth up to $150 without uploading any pictures or ID. Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nevada, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Virginia, Vermont, Washington, West Virginia, Wisconsin, Wyoming. SEPA Bank Transfer (EU Banks Only): Delivery is up to 1 business day and there are no additional fees. There is a USD15,000 limit on the purchase of cryptos by credit or debit card. Click on the Send For Approval button. You can purchase . In this review Ill cover the company, its services and also compare it to other leading brokers. The base price is calculated from TradeBlocks XBX index. The fiat selection consists of US Dollars, Euros, British Pounds, Canadian Dollars, Australian Dollars, and Japanese Yen. Coinmama is not available in the following US states: The image and the text of your ID are clearly readable. 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", You have the choice between uploading a (1) Driver's License, (2) National or State ID, or (3) Non-US Passport. 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). The total is 0.9% cheaper than Coinmamas total fee (10.9%). . and now they wont let me buy bitcoin and wont give me my money back. Coinmama is currently available in more than 180 countries worldwide, including Malaysia, and it also accepts all local currencies. Coinmama has been able to gain popularity in the world of crypto exchange platforms with the help of its simple user interface. 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 maximum buying limits depend on your accounts verification level. "@context": "https://schema.org", Submit a query via Facebook messenger on the Coinmama Facebook homepage. 2. "price": "0" The majority of Coinmamas negative reviews complained about one thing the identity verification process. Coinmama offers very similar services to Coinbase, but which is the best site to buy Bitcoins? As soon as I got home I created a, Bitcoin Wallet, on my Home Computer, through BitPay, & funded it through my BRD Wallet and then I was finally able to purchase a, Cold Storage Wallet from, Ledger their, Nano-X! With the small amount of Bitcoin I now have in several Wallets, As soon as I take delivery of my Ledger Nano-X and set it up I can begin using their Ledger Live Service I can begin my true collection of BTC & ETH thru the, Ledger Live App & they get my coin from services like CoinMama deposited straight into my Cold Wallet for safest keeping. Visa credit/debit cards Mastercard credit/debit cards Go to Coinmama's website 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. Requires filling out a short form. Is Coinmama Legit? All transactions are between the user and Coinmama. "@type": "Answer", Users claim that Coinmama requests a ton of information and in some cases rejects applications without giving proper explanation why. At the moment Coinmama supports buying only of the following coins: Coinmama accepts credit or debit cards that are issued by Visa or Mastercard. 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 and complete a KYC questionnaire. 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 has a simple interactive UI that would support your daily use of Coinmama. Payment Methods You can buy Bitcoin or Ethereum with your credit/debit card. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. (As shown below). We're continually adding more, so make sure to check back in every once in a while for updates. It was founded in 2013 and the first platform to allow purchases using a credit card. Requiresa valid government-issued IDand aselfie of yourself holding that ID and a note with Coinmama and todays date written on it. Changelly takes 5% on top of the existing 5% payment processor fee. 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. Coinmama is a property of New Bit Ventures Ltd and is operated by Cmama Ltd company #672704. Paxful has an excellent customer service team which will help you answer any questions you may have. The same as Level 2, and you must be nearing your 50,000 USD account limit. This usually happens within the hour. Poloniex caters mainly to U . Coinmama sells crypto out of its own inventory. This can be anything from a drivers license to a passport. Click on the blue 'Sign Up' button on the top right. If you have any questions about this topic, feel free to contact Support. Do you offer your services internationally? If you have any issues setting up your account, the Coinmama support team can help you through the process. However, it imposes limits on trade amounts to discourage fraud using fiat money. Yes. There is also a comprehensive Support FAQ that covers everything you need to know about the Paxful marketplace. You can also make a lifetime purchase amount of 50,000 USD. "@type": "Answer", Coinmama only supports the sale of Bitcoin, and not the other Coinmama supported cryptos. "datePublished": "2018-10-29", Every new customer to Coinmama must submit verification for their account. More advanced users can use alternative trading platforms to save on transaction fees. "name": "Where Is Coinmama Located? IT IS WRITTEN CLEARLY IN THE WEBSITE USERS FROM THE US CAN SELL THE BITCOIN ONLINE https://www.coinmama.com/blog/how-to-cash-out-your-bitcoin/. The company was founded in 2013 by Asaph Schulman (CEO), Nimrod Gruber (Co-Founder), Martin Koelbaek (CHO), Guy Ben-Yossef (CFO), Yaki Oliel (CRO)." Cryptocurrencies Supported The following cryptocurrencies are supported by Coinmama and can be purchased instantly with a credit card, debit card or bank transfer: Bitcoin Ethereum Ripple Litecoin Based in San Francisco, California. ", On top of the stated price, you will also need to add a 5% credit card processing fee. At the moment we do not have any payment methods available for customers residents in the following countries: Afghanistan Albania Algeria Angola Antigua and Barbuda Argentina Armenia Australia Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belize Benin Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Brunei Darussalam Burkina Faso This also helps keep your account safe, fight fraud, and more. Heres a short comparison of Coinmamas brokerage service compared to other popular services around. Also, just like Coinmama, the exchange supports a wide variety of countries worldwide. In addition, this helps us fight fraud and keep your account safe. On transactions with a locked crypto rate and instant deliver (credit/debit cards) there is an additional 5.0% momentum fee. As a financial service, Coinmama is committed to the highest security and privacy standards. To protect both parties from this, Coinmama locks the Bitcoin price for you as soon as you submit your order. Not only is Coinmama one of the most popular bitcoin exchanges around the globe, but also it is one of the oldest that accept credit card and debit card purchases. When it comes to exchanges, Coinmama is often compared to Coinbase. Coinmama offers support via email only, however the site's FAQ and service desk support documents are reasonably comprehensive and . Support requests are usually answered within 24 hours. There are plenty of articles available via the help center to assist users in navigating and understanding the processes. Your transactions are performed instantly and appear in your wallet right away. Simply register and direct referrals to the Coinmama site with your customized referral link. This may impact how, where and which products / companies / services we review and write about. }, { "acceptedAnswer": { Fees Although Coinmama provides convenience and speed, there may be fees & charges as well. Those limits will depend on the payment method of your choice. If Coinmama is not serving your state, you have other alternatives such as Paxful, CEX.IO and/or Coinbase. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. ", "text": "You can get in touch with Coinmama customer support through a few trusted channels. The Coinmama crypto list also includes Bitcoin Cash, Litecoin, Tezos, Ripple, Dogecoin, Monero, Uniswap, and Chainlink. KYC process to protect all user accounts and minimize fraud. "@type": "FAQPage", Relative to some of its peers, the number of cryptos on offer is on the lighter side. The crypto price shown on Coinmama is based on a service called TradeBlock XBX. Bolivia 22. Acceptable IDs include: A non-US international passport (double page) A national ID card (both sides) A driver's license (both sides) Level 2 In addition to the ID uploaded for level 1, you need to submit a secondary ID. Help Centre: A comprehensive library of articles is available to assist users with queries. Coinmama is currently available in more than 180 countries worldwide, including Australia, and it also accepts all local currencies. Anyone can get started and purchase bitcoins within an hour. Commissions are paid out once a month after you reach a threshold of $100 since the last payout. Countries with limited support: China, Russia. ", ", In summary: Selling Fees: These are tiered and correlate with a users loyalty program level. Users can click the Chat link and search by topic for filed articles. Pay by credit card, debit card, or bank transfer, A Wellfield Technologies Inc. (WLFD) company } I encourage everyone to try. , 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. 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? "reviewRating": { You need to submit a secondary ID. All rights reserved. Coinmama is an online cryptocurrency exchange supporting the purchase of cryptos. The only countries that Coinmama is not operational in are obviously sanctioned countries. In the past, Coinmama support representatives used to reply to angry commenters in the comments section of this page. Omer represents Coinmama superbly well! Coinmama is an Israel-based non-custodial broker and cryptocurrency exchange that offers users a platform to buy and sell cryptocurrency via multiple payment options. Yes. Fees: Simplex, Coinmama's credit/debit card processor, charges a 5% additional fee (with a minimum cap of USD 10) on each transaction. When it comes to the number of countries where Coinbase is supported, a total of 32 countries are available for you to turn to, including United Kingdom, United States, Greece, Hungary, Ireland, Italy, Jersey, Latvia, Netherlands, Norway, Liechtenstein, Malta, Monaco, Australia, Austria, Belgium, Bulgaria, Czech Republic, Denmark, Finland, Lastly, the comprehensive Support FAQ covers everything about the Coinmama platform from A to Z." Both companies are regulated entities registered as Money Service Businesses with FinCEN. //. Fees on buys made on Coinmama incur incredibly high fees of 2.93-3.9%. Now you will need to confirm via a confirmation link sent to your email address. This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. "@type": "Question", The only countries that are not allowed to use the Coinmama exchange are the sanctions countries. Affiliates earn 15% of fees for the lifetime of each customer they refer to Coinmama. Your Coinmama account is set up and ready to go. This is an important feature to consider, since sometimes a day or two can mean large price fluctuations. 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). } Lastly, you will need to take a selfie with your ID and a note with today's date and the word 'Coinmama'. }, Coinmama delivers coins within minutes of purchase. There are no wallets on the site, meaning that any purchase made is sent directly to the purchaser's wallet address of choice. Step 5:Congratulations! 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. Here are the daily spending and cyclical limits for liquidity on the Coinmama exchange. "@type": "Review", "@type": "Offer", Burning question for every crypto buyer are fees that platforms charge. Coinmama has aHelp Centerwhich you can search to find answers to your question/s. Level 1 Requires 1 valid government issued ID and a selfie of yourself holding that ID and a note with Coinmama and today's date written on it. I also took a look at various customer reviews users posted online. Level 1 Crypto Curious: New Coinmama users are Crypto Curious. Coinmama is the only crypto service, of any kind {besides, BitPay} I have been able to get a full verification with so far Coinbase said yes and then backed down.