"name": "Is Coinmama Legit? The basic function will be to answer questions of the customers supported by the . 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 4. ", Your personal details and documents are encrypted, and your credit card details are not stored anywhere on the Coinmama website or servers. Level 2 Crypto Enthusiast: Save 12.5% on Coinmama fees. You are required to provide your wallet details during the transaction process. In order to verify your account you will need to submit some form of identification. Both accept credit card and debit card payments and allow you to purchase Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. No advanced tools for trading Bitcoin and other cryptos. Your crypto wallet will then be funded with the cryptos that you have purchased. Payments can be made on Coinmama through Apple Pay, SEPA, SWIFT, Fedwire, and Faster Payments. There is a USD15,000 limit on the purchase of cryptos by credit or debit card. }, Users can either purchase cryptos by way of packages from the Buy page or purchase specific amounts. Transfer options vary depending upon user domicile. ", Coinmama specializes in selling Bitcoin and cryptocurrencies instantly with a credit card, or with bank transfer and is one of the most popular exchanges in the world. ", Verification Time You may be wondering how long does Coinmama take to verify your account. Listings that appear on this page and/or on this website are of products / companies / services from which this website may receive compensation. Address: 13 Kypranoros str, Evi Building 1st Floor, Office 104, 1061 Nicosia Phone: +35722310999. Coinmama is one of the Slovakia-based cryptocurrency exchanges offering bitcoin buying in 200 countries and dozens of states. Here's how it all works: Step 1: Create and Verify your Account Before you purchase any bitcoin with Coinmama, you need to create an account and verify your identity. For credit card and debit card transactions, there is an additional 5% processing fee added on after choosing a method of payment. Pros: Good support, relatively quick verification process. The monthly limit is a moving sum of the last 30 days. This is lower than the 5.9% Coinmama charges. Coinmama offers 10 coins and tokens for . Send the Bitcoins that you wish to sell to the Bitcoin wallet address provided. Coinmama is registered in Slovakia but they offer the service worldwide. Coinmama offers two entry coins: Bitcoin and Ethereum. Visit Coinmama Read review How to Use Coinmama 1. See here for details on verification levels. 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). If you have general issues feel free to send an email to the support staff or submit a ticket here. However these are just standard Know Your Customer (KYC) and Anti Money Laundering (AML) policies that most legit exchanges must adhere to. The available cryptocurrencies you can purchase include Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, and Cardano. In terms of regulatory compliance and licensing: Coinmama clearly holds an upper hand. 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! The same as Level 2, and you must be nearing your 50,000 USD account limit. Coinmamas fees vary depending upon the payment method. *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, Certain countries are also served by a third party, rather than directly by Coinmama themselves. Yes. i have complained by mail but they wont give me an answer. And they boast 68+ million users in 100+ countries , making them one of . 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. 99 Coins International PTE. Check your email for a verification confirmation email. (Coinmama is planning to expand this beyond Bitcoin in the near-term, however). Ru. 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. Lets hope theyll be back soon. Payment methods for the purchase of cryptos include Faster Payments, Fedwire, Sofot, SEPA, SWIFT, and Apple Pay. 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 your state of residence as well. It is important to note that Coinmama does provide exchange crypto wallets to house purchased cryptos. You have the choice between uploading a (1) Drivers License, (2) National or State ID, or (3) Non-US Passport. Coinmama offers support via email only, however the site's FAQ and service desk support documents are reasonably comprehensive and . If you want to view more great exchanges for buying and selling bitcoin check out our full guide. Argentina 9. Barbados 16. Coinmama accepts only Visa and Mastercard. "@type": "Question", This is the account verification process. 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. COINS AVAILABLE ACCEPTED COUNTRIES PAYMENT METHODS TWITTER BINANCE Review Bob Mason Binance is the world's largest online cryptocurrency exchange by trading volume. What countries are supported by Coinmama? Please refer to our FAQ on debit and credit cards for the full list of accepted regions. On the bright side, Coinmama receives a score of Great from TrustPilot. Bahrain 15. Coinmama protects users with a high level of security. Countries Supported: They operated in over 180 countries. I also took a look at various customer reviews users posted online. "name": "Where Is Coinmama Located? 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. She deserves 10 stars! }. She was incredibly patient and generous. Any person with a valid Visa or MasterCard card issued in a non-sanctioned . The minimum transaction amount to buy cryptocurrency is $50. In order to maintain your Believer status. "offers": { Users funds and cryptos are not held directly by Coinmama. Users must complete the verification process to buy and sell cryptos. "worstRating": "0" Other payment methods include Fedwire, Swift and Sofort. Coinmama services are only available in 24 states in the US. Bolivia 22. Users may withdraw proceeds by bank transfer, or by credit or debit card. Coinmama support is typically pretty responsive. You can also make a lifetime purchase amount of 50,000 USD. "text": "Yes, Coinmama functions as a full-featured wallet for protecting your cryptocurrency. Contact Coinmama | Coinmama Support & Customer Service Sign Up Log In Buy A Wellfield Technologies Inc. (WFLD) company. Also, Coinmama does not store user credit card or bank details. 15,000 USD / ? In the past, Coinmama support representatives used to reply to angry commenters in the comments section of this page. Use the search option to find the answer to your question. Click on the Send For Approval button. Coinmama is a venture of NBV International that is registered in Slovakia but currently operates from Israel. For a detailed review about Coinmama keep reading this post. The daily limit lasts 24 hours from the moment an order is placed. Is Coinmama Safe? } 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 Apart from two of the above IDs, you will also need to upload a utility bill. "@type": "Answer", At this time Coinmama does not allow customers to sell Bitcoins on its platform. You can unsubscribe with one click. I think the help of your team is just great and I really appreciate the quick and uncomplicated, always friendly cooperation. Coinmama is a cryptocurrency exchange that has been around since 2013 and is available in 188 countries. Fees. On the other hand, brokerage services are usually more expensive. 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). Those limits will depend on the payment method of your choice. As a financial service, Coinmama is committed to the highest security and privacy standards." Supported Countries Although it's a platform based in Prague, its service stretches across the globe, including the USA, Canada, Australia and the Middle East. Coinmama is registered in Slovakia but is owned by New Bit Ventures Limited that is headquartered in Israel. 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). Their only downside, in my opinion, is the high fees. 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. 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. A friendly experience in these days of automation! "acceptedAnswer": { The more you spend on Coinmama the greater your savings overall on fees. },{ Supported Countries / States. In order to contact customer support, click the Help icon that is located at the bottom right of your Coinmama page. Fees: Simplex, Coinmama's credit/debit card processor, charges a 5% additional fee (with a minimum cap of USD 10) on each transaction. Do you offer your services internationally? Users from accepted countries, including Australia, Singapore, Europe, the UK, Canada, New Zealand, and the US, can quickly and safely purchase cryptocurrency using Coinmama. Coinmama sells crypto out of its own inventory. Coinmama is one of the most popular bitcoin exchanges around the globe, and also one of the oldest that accepts credit card and debit card purchases. Coinmama operates in over 190 countries and territories worldwide. 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 is more of a brokerage than a crypto exchange. Your email address will not be published. Password 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. All cryptos are immediately transferred to the purchasers specified wallet upon purchase. In order to make any type of purchase youll need to complete some form of identity verification. Affiliates can: Becoming an affiliate is fast and easy. "name": "Is Coinmama A Bitcoin Wallet? window.__mirage2 = {petok:"WgpiZBLxhAby4tG2DqiF5QTMMfQp4nATYxsI4D.kRJg-5356800-0"}; The more referrals an affiliate makes, the more Coinmama pays in Bitcoin. Customer support. To protect both parties from this, Coinmama locks the Bitcoin price for you as soon as you submit your order. The company allows users to make crypto purchases using various fiat currencies and payment platforms. If you have any issues setting up your account, the Coinmama support team can help you through the process. "@type": "Offer", "priceCurrency": "USD", Submit a query via Facebook messenger on the Coinmama Facebook homepage. Affiliate: Affiliates earn 15% of Coinmamas commissions on all referral purchases, including all their future purchases. Powered by Siteground. Prohibited Countries. Firstly, you will need to choose your Government ID Type and issuing country from the drop-down menus. We're continually adding more, so make sure to check back in every once in a while for updates. }, { The maximum buying limits depend on your accounts verification level. This ensures that user assets are protected from theft. Every new customer to Coinmama must submit verification for their account. By using this website, you accept our Terms of Use and Privacy Policy. Offering a wide broad range of cryptos, Coinmama fills a much-needed void, by supporting the purchase of cryptos with fiat money. Customer service hours are from Sunday-Thursday 9:00-18:00 GMT+3 / 2 AM-10 AM EDT / 11 PM-7 AM PDT. It offers a great, beginner-friendly platform that lets users purchase Bitcoin and other staple cryptocurrencies. Yes. Andorra 4. Coinmama is a broker exchange based in Israel. Apart from two of the above IDs, you will also need to upload a utility bill and complete a KYC questionnaire. "text": "Coinmama is one of the oldest bitcoin brokers in the business. You can't deposit money on Coinmama, so you need to pay with a credit card, debit card, or Western Union payment. When you have your ID, mobile phone, and pen and paper ready, click Lets Go. . The fees stated in this table are for credit card purchase only. Residents in these 17 states will be redirected to third-party provider Simplex when creating their account: Alabama, Alaska, Delaware, Georgia, Iowa, Kentucky, Louisiana, Nevada, New Mexico,. Do note that there is a minimum purchase amount of USD50 equivalent. "reviewBody": "An Inside Look At The Coinmama Cryptocurrency Exchange What Is Coinmama? Most credit transactions will also have a credit clearing fee of between 3%-5%. Coinmama supplies a brokerage service for Bitcoin and other cryptocurrencies. 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. 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. With high spending limits and instant delivery of cryptocurrency, Coinmama delivers a first-class experience for beginners and high rollers. Your Coinmama account is set up and ready to go. Level 2 You need to submit a secondary ID. They steal your personal information and use it for fraudulent activities. While this may be a drawback for some, users who sell their Bitcoin on Coinmama receive fiat money equivalent via bank transfers. }, From my own experience I can say that verification with Coinmama was relatively easy, and yes, they require a lot of information. "@type": "Answer", See this guide for more instructions on how to place an order. This removes anonymity while protecting users.