Users funds and cryptos are not held directly by Coinmama. This usually happens within the hour. "text": "You can get in touch with Coinmama customer support through a few trusted channels. As a financial service, Coinmama is committed to the highest security and privacy standards backed by excellent customer service. 5,000 USD / ? 99 Coins International PTE. Furthermore, you can view the confirmation of the order on the blockchain explorer. ", Apart from two of the above IDs, you will also need to upload a utility bill and complete a KYC questionnaire. Check your email for a verification confirmation email. Coinmama offers you the choice of continuing with your desktop or switching to your mobile phone. 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. Thumbs up for the excellent service guys. "author": {"@type": "Person", "name": "Jeffrey Ito"}, You will require the following: Government-issued ID; Your mobile phone with a working camera to take a selfie. Ru. 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. 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). 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? Coinmama has three loyalty levels. Since Coinmama neither holds cryptos on the exchange nor stores customer information, there is no 2-factor authentication. Loyalty Program: The more crypto you buy or sell with Coinmama, the more you save. As instructed, ensure that: Now take a selfie. Coinmama is a leading cryptocurrency exchange that allows you to buy and sell bitcoin and other cryptocurrencies with a credit card and/or bank transfers. 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, The executive team consists of Asaph Schulman (CEO), Nimrod Gruber (Co-Founder), Martin Koelbaek (CHO), Guy Ben-Yossef (CFO), Yaki Oliel (CRO)." TradeBlock XBX lists an average of known provider rates, to which Coinmama adds 2% (Std Dev) and includes Coinmamas commission fee of up to 3.9%. Address: 13 Kypranoros str, Evi Building 1st Floor, Office 104, 1061 Nicosia Phone: +35722310999. Coinmama offers support via email only, however the site's FAQ and service desk support documents are reasonably comprehensive and . Blog: A dedicated blog page delivers users with the latest crypto news and views, key for any crypto investor. Faster Payments (UK Banks Only): Delivery is up to 1 business day and there are zero additional fees. Coinmama, one of the world's oldest Bitcoin Broker, has its headquarters located in Slovakia. 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. See here for details on verification levels. This page may not include all available products, all companies or all services. The exchange rate provided by Binance is similar to Coinmamas. Both accept credit card and debit card as a payment method and allow you to purchase Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Here are the daily spending and cyclical limits for liquidity on the Coinmama exchange. This is the account verification process. When you have your ID, mobile phone, and pen and paper ready, click Lets Go. It offers services to over 180 countries around the world. Coinmama provides an exchange to support the buying and selling of cryptos. Secured by Sucuri. Before making any purchase decision with an exchange always ensure to investigate the reputation of management, venture capital investors and regulatory approvals. If Coinmama is not serving your state, you have other alternatives such as Paxful, CEX.IO and/or Coinbase. }, { 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/. (As shown below). After submitting your details for verification, well then quickly go over it and make sure everything looks good. For more information on how to create an account with us, click here. Our funding providers may, at their own discretion, deny funding to certain geographical locations. With users accepted in every country and region. Coinmama accepts a variety of payment methods for 6 different fiat currencies, and provides multiple purchase options for customers. 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 Coinmama typically responds within 1-2 business days. However, it seems that lately they have optimized their service to offer a more competitive service. However these are just standard Know Your Customer (KYC) and Anti Money Laundering (AML) policies that most legit exchanges must adhere to. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); I bought bitcoins from coinmama is pending for 3 days without receiving my crypto what a bad services from coinmama after my account have been verified. The exchange has over 2.2 million users, features a fast-track verification process and is available in 190 countries worldwide. In the past, Coinmama support representatives used to reply to angry commenters in the comments section of this page. Affiliates can: Becoming an affiliate is fast and easy. Buy more and save on Coinmama fees with an added crypto bonus to your order. 100,000 USD. HOW IRRESPONSIBLE TO PROVIDE THE WRONG INFORMATION AND INSTRUCTIONS ONLINE, THEN THE COMPANY DOES NOT TAKE ANY ACTION AND SOLUTIONS FOR CUSTOMERS. "@type": "Question", Name Ticker Launch Year Bitcoin BTC 2009 Visit Litecoin LTC 2011 Visit EOS Token EOS 2017 Visit Ethereum ETH 2016 Launched back in 2013, Coinmama is registered in Slovakia, while owners New Bit Ventures are based in Israel. Your Coinmama account is set up and ready to go. A friendly experience in these days of automation! Usually, it takes between 5 to 15 minutes for your Coinmama account to verify successfully after uploading your documents. Sign up for a Coinmama account and get verified for purchase. Since the early years, Coinmama has continued to add cryptos to its offering not to mention alternative payment methods. Your personal details and documents are encrypted, and your credit card details are not stored anywhere on the Coinmama website or servers. Coinmama holds no cryptos for users on the exchange. In this review Ill cover the company, its services and also compare it to other leading brokers. Coinmama is a leading cryptocurrency brokerage company that allows you to buy several types of cryptocurrencies with your credit card, by wire transfer (SWIFT, SEPA, Fedwire and FasterPayments) as well as through Apple Pay. Phone: +1 (865) 272-9385. Great customer service and really easy to use. The process is called verification and is something everyone must go through before buying crypto anywhere. The platform allows users to purchase crypto with fiat money. Please note that American Express, Discover and PayPal are not accepted. To qualify you must have been purchasing cryptos for at least 30-days. Coinmama is one of the Slovakia-based cryptocurrency exchanges offering bitcoin buying in 200 countries and dozens of states. Coinmama states that verifications should take from 30 minutes to up to one hour. All in all, the service is solid. "text": "Coinmama is supported in over 190 countries and is constantly adding more." Countries Supported - All Over The World (190+ Countries) Coinmama is supported in over 190 countries and is constantly adding more (view list). With Coinmama, users are able to sell Bitcoin, even if purchased elsewhere and receive fiat money directly in their bank account. You may make a purchase via the Buy page and select the crypto of your choice from the drop-down menu, as shown below: (For demonstrative purposes, we have selected Bitcoin). This may impact how, where and which products / companies / services we review and write about. Coinmama also supports the purchase of cryptos in Aussie Dollars, Canadian Dollars, EUROs, Great British Pound, and Japanese Yen. The main aim of Coinmama is to allow people to own and control their economy, which is often impossible with the traditional financial system. The daily limit lasts 24 hours from the moment an order is placed. Once you have completed the payment details, complete the transaction. The majority of Coinmamas negative reviews complained about one thing the identity verification process. window.__mirage2 = {petok:"WgpiZBLxhAby4tG2DqiF5QTMMfQp4nATYxsI4D.kRJg-5356800-0"}; "name": "How Can I Contact Coinmama Customer Support? Verification time takes between 5 to 15 minutes. 15,000 USD / ? We strive to keep the list as up to date as possible, so we review it at least once a week. "review": { 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.). I also took a look at various customer reviews users posted online. Coinmama pays all earnings monthly in arrears. Step 5:Congratulations! "mainEntity": [{ Coinmama has a presence in almost all countries, leading to an understanding of how popular Coinmama is. The platform is available in over 188 countries around the globe. In addition to the ID uploaded for level 1, you need to submitasecondary ID. Coinmama charged an extra 5% when purchasing through credit cards besides normal purchasing fees. Getting Started Are you ready to buy bitcoins instantly with your Visa or MasterCard credit card or debit card? 7,500 USD / ? 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. With high spending limits and instant delivery of cryptocurrency, Coinmama delivers a first-class experience for beginners and high rollers. Learn how to apply technical analysis to current market: En. "acceptedAnswer": { This is lower than the 5.9% Coinmama charges. When it comes to exchanges, Coinmama is often compared to Coinbase. Rewards are paid only after 3 successful orders made by at least 3 different users. I think the help of your team is just great and I really appreciate the quick and uncomplicated, always friendly cooperation. Coinmama offers very similar services to Coinbase, but which is the best site to buy Bitcoins? Once Coinmama receives the Bitcoins, the transaction will be processed and funds remitted to your bank account. Your transactions are performed instantly and appear in your wallet right away. At peak times, however, the verification process could take a couple of hours. Established in 2104, Poloniex is a cryptocurrency exchange that was established by an individual by the name of Tristan D'Agosta. SEPA Bank Transfer (EU Banks Only): Delivery is up to 1 business day and there are no additional fees. This is an important feature to consider, since sometimes a day or two can mean large price fluctuations. Bhutan 21. To fight fraud all users are required to submit verification before making a purchase. If you pay with a different currency additional fees may be incurred. This removes anonymity while protecting users. Omer represents Coinmama superbly well! Countries with limited support: China, Russia. No. This means that Coinmamas price can be as much as a total of 10.9% above the market rate. Your email address will not be published. Is Coinmama Legit? Coinmama is an online cryptocurrency exchange supporting the purchase of cryptos. You are required to enter your full name, DOB, and sex and then click Next. 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. Coinmama primarily accepts USD, EUR, GBP, CAD, and AUD but accepts all currencies. As a Financial Services Business, Coinmama is required to collect certain details about its clients. Contact Coinmama | Coinmama Support & Customer Service Sign Up Log In Buy A Wellfield Technologies Inc. (WFLD) company. Enter the number of Bitcoin that you wish to sell and then click Sell. 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. You have the choice between uploading a (1) Drivers License, (2) National or State ID, or (3) Non-US Passport. Are my credit/debit card details saved in your system? 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.. Coinmama is a non-custodial cryptocurrency broker from Israel that is incorporated in Europe, Slovakia. "@type": "Question", The image and the text of your ID are clearly readable. On the other hand, brokerage services are usually more expensive. Coinmama is an international cryptocurrency exchange. The short answer is yes. By using this website, you accept our Terms of Use and Privacy Policy. },{ 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). Fiat and KIA become one of the first companies to take a step forward and leverage the practical applications of the generative AI chatbot - ChatGPT. "name": "Coinmama", Visa Mastercard Cash (via Western Union transfer) SEPA (Single Euro Payments Area) Buy & Sell Limits Here are the daily spending and cyclical limits for liquidity on Coinmama exchange. The base price is calculated from. Verification time takes between 5 to 15 minutes. The fiat selection consists of US Dollars, Euros, British Pounds, Canadian Dollars, Australian Dollars, and Japanese Yen. Complete the information requested. "@type": "Question", 100% guaranteed!! Click on the blue 'Sign Up' button on the top right. ApplePay: Allows millions of Apple users a seamless experience when buying Bitcoin. Apart from two of the above IDs, you will also need to upload a utility bill and complete a KYC questionnaire. Since its foundation in 2013, it has grown to serve over 2 million customers across 188 countries and today has over 40 employees. Depending on your country of residence, you may not be able to use all the functions of the site. Coinmama accepts all fiat currencies, and our rate can be displayed in either USD, EUR, GBP, CAD, or AUD. How To Buy Bitcoin On Paxful With iTunes Gift Card However I could buy a Mobile Wallet thru, BRD, with no hard Verification Process! Strong emphasis on security as a crypto platform falling under the purview of FINCEN. 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. "@type": "Question", 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. 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. Supported Cryptocurrencies. For a complete guide on which form of ID is required in each country, read this post. Coinmama has a simple interactive UI that would support your daily use of Coinmama. Coinmama has a dedicated customer support team that works around the clock. Email . Coinmama support is typically pretty responsive. 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. Bahrain 15. COINMAMA IS A NO NO IN THE US. Coinmama is a leading Cryptocurrency service provider that was established in 2013. ", and now they wont let me buy bitcoin and wont give me my money back. The only countries that are not allowed to use the Coinmama exchange are the sanctions countries. Users may withdraw proceeds by bank transfer, or by credit or debit card. 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. Support requests are usually answered within 24 hours. ", Heres a short comparison of Coinmamas brokerage service compared to other popular services around. 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. Coinmama users are able to freely insert the exact amount of USD, EUR, GBP, CAD, AUD, or JPY to purchase crypto. Coinmama accepts only Visa and Mastercard. } Some would argue that Binance has an easier KYC process, but Ive actually experienced it the other way around. }] There is a USD15,000 limit on the purchase of cryptos by credit or debit card. Lastly, you will need to take a selfie with your ID and a note with todays date and the word Coinmama. Having been launched back in 2013, Coinmama was also amongst the first to support the purchase of Bitcoin with credit and debit cards. Belize 18. Australia 12. These are available on the Help Center page. Do note that there is a minimum purchase amount of USD50 equivalent. Send the Bitcoins that you wish to sell to the Bitcoin wallet address provided. For demonstrative purposes, we will keep going with the desktop. Orders placed by bank transfers do not incur a momentum fee and carry no additional fees. } Please refer to our FAQ on debit and credit cards for the full list of accepted regions. There is also a comprehensive Support FAQ that covers everything you need to know about the Paxful marketplace. Some of the more frequently asked questions available on Coinmama include: Does Coinmama facilitate trades between buyers and sellers? },{ "name": "Is Coinmama Legit? As a financial service, Coinmama is committed to the highest security and privacy standards. 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. "acceptedAnswer": { 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. Then, to buy Bitcoin, click the "Buy/Sell" tab as shown below. For completion of the verification process, please ensure the following: Once you have uploaded the selfie, click Looks Good. "publisher": {"@type": "Organization", "name": "Smart Bitcoin Investments"} If you want to view more great exchanges for buying and selling bitcoin check out our full guide. //