Five stars for customer service. Furthermore, you can view the confirmation of the order on the blockchain explorer. Once Coinmama receives the Bitcoins, the transaction will be processed and funds remitted to your bank account. Fees: Simplex, Coinmama's credit/debit card processor, charges a 5% additional fee (with a minimum cap of USD 10) on each transaction. },{ Several email correspondences were needed to get up and going. }, This can be anything from a drivers license to a passport. You can view the payment schedule here. "@type": "Question", The company was founded in 2013 by Asaph Schulman (CEO), Nimrod Gruber (Co-Founder), Martin Koelbaek (CHO), Guy Ben-Yossef (CFO), Yaki Oliel (CRO)." Support Email: help@paxful.com. Your mobile phone with a working camera to take a selfie. Nicehash is the top crypto exchanges Germany that operates in most nations worldwide except for a select few nations like Yemen, Afghanistan, Iran, Iraq, and more. 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. They provide you good service; if reach out to them they respond in a timely manner. She spent the necessary time with me, asked the right questions, and made sure I understood everything. ", To fight fraud all users are required to submit verification before making a purchase. Most positive reviews praise the customer support of the site. Check your email for a verification confirmation email. Angola 5. Unfortunately, this cant be avoided when using a credit card, but considering the prompt service its sometimes worth the cost. Coinmama offers two entry coins: Bitcoin and Ethereum. Complete the information requested. Rates are calculated by the XBX Index average + 2% (STD dev) + Coinmama sales fee of between 0.1% and 0.9%. If you want to send Customer Support a message you can do so here. 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. 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. Coinmama sells crypto out of its own inventory. Coinmama delivers coins within minutes of purchase. The exchange has over 2.2 million users, features a fast-track verification process and is available in 190 countries worldwide. We hate spam as much as you do. The exchange is committed to providing the highest levels of privacy and security standards. Coinmama is a leading Cryptocurrency service provider that was established in 2013. Support requests are usually answered within 24 hours. "reviewBody": "An Inside Look At The Coinmama Cryptocurrency Exchange What Is Coinmama? Coinmama allows you to purchase and sell cryptocurrencies with a variety of different payment methods. Buy & Sell Limits Here are the daily spending and cyclical limits for liquidity on Coinmama exchange. Thats why I make it a habit to actually read through the reviews and see what people are complaining about. The minimum amount of Bitcoins you can buy is 50 USD or the equivalent in EUR/GBP/AUD/CAD/JPY. Belarus 17. 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. SWIFT bank transfer orders have a minimum order amount of 1,000 USD, however. 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). Check your email for a verification confirmation email. "acceptedAnswer": { 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. Coinmama support is typically pretty responsive. 2. Good information! To fight fraud all users are required to submit verification before making a purchase. 20 / ? Credit or Debit Card: 5% momentum fee: Locked rate and fast delivery that is instant. They were and are SPLENDID! Armenia 10. Enter your ID number as well as the ID expiration and issuing country. Crypto assets are highly volatile and largely unregulated. Launched back in 2013, Coinmama is registered in Slovakia, while owners New Bit Ventures are based in Israel.. "@type": "Answer", Usually, it takes between 5 to 15 minutes for your Coinmama account to verify successfully after uploading your documents. Benin 19. As a financial service, Coinmama is committed to the highest security and privacy standards." The large user base is a result of the number of countries it supports worldwide - over 180! It is owned by NBV International (the daughter company of New Bit Ventures Ltd). All transactions are between the user and Coinmama. Do you offer your service internationally? No. }, { See this guide for more instructions on how to place an order. Australia 12. Leading crypto derivatives exchange Bitget now supports TradingView as part of a partnership that allows platform users to access all of the global trading platform's instruments and communication channels. 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. Based in San Francisco, California. "priceCurrency": "USD", The platform was established to create the simplest financial service in the crypto space. I came across multiple crypto platforms and Coinmama is the best. Some of the more frequently asked questions available on Coinmama include: Does Coinmama facilitate trades between buyers and sellers? Invest in the world's leading cryptocurrency via Coinmama with just a few clicks Price Performance Price Unfortunately the necessary data for this indicator is not available at the moment. The maximum buying limits depend on your accounts verification level. Coinmama also supports multicurrency purchases of cryptos. "name": "Is Coinmama A Bitcoin Wallet? The more referrals an affiliate makes, the more Coinmama pays in Bitcoin. ", Coinmama primarily accepts USD, EUR, GBP, CAD, and AUD but accepts all currencies. There are 3 levels of verification, with increases in account spending limits for each. As long as your account is verified, once your order is placed, your bitcoin will arrive in your bitcoin wallet in approximately 10 minutes. Here you'll have all the info that you'll need to place an order with us right at your fingertips. Which payment methods are accepted? In total, Coinbase has supported every major hard fork initiative. There are no withdrawal fees when purchasing cryptos on the Coinmama platform. Users can either make purchases by credit or debit card or via fund transfers. It is highly appreciated. Bermuda 20. Poloniex caters mainly to U . Choose your payment method (credit card) and enter your details to complete the sale. Crypto Enthusiasts not only enjoy reduced fees but also fast track customer support. If you have the option to use a bank transfer (SEPA, SWIFT, Fedwire, FasterPayments, etc.) Blog: A dedicated blog page delivers users with the latest crypto news and views, key for any crypto investor. Enter your ID number as well as the ID expiration and issuing country. The Coinmama crypto list also includes Bitcoin Cash, Litecoin, Tezos, Ripple, Dogecoin, Monero, Uniswap, and Chainlink. IT IS A BIG SCAM, TRAP YOUR MONEY. Level 1 Crypto Curious: New Coinmama users are Crypto Curious. Contact Us *CEX MARKETS LTD. In order to contact customer support, click the Help icon that is located at the bottom right of your Coinmama page. COINS AVAILABLE ACCEPTED COUNTRIES PAYMENT METHODS TWITTER BINANCE Review Bob Mason Binance is the world's largest online cryptocurrency exchange by trading volume. Pay by credit card, debit card, or bank transfer, A Wellfield Technologies Inc. (WLFD) company Apart from two of the above IDs, you will also need to upload a utility bill and complete a KYC questionnaire. [CDATA[ This Section / Page contains links to the 3rd party websites of our top partners from whom we may receive compensation. "@type": "Answer", Most credit transactions will also have a credit clearing fee of between 3%-5%. Heres a short comparison of Coinmamas brokerage service compared to other popular services around. 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. Loyalty Program: The more crypto you buy or sell with Coinmama, the more you save. As a financial service, Coinmama is committed to the highest security and privacy standards backed by excellent customer service. It operates in 188 countries worldwide, and is available in 24 US States. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. HOW IRRESPONSIBLE TO PROVIDE THE WRONG INFORMATION AND INSTRUCTIONS ONLINE, THEN THE COMPANY DOES NOT TAKE ANY ACTION AND SOLUTIONS FOR CUSTOMERS. The integration is intended to streamline trading for Bitget's users and allow them to delve into technical and . In terms of regulatory compliance and licensing: Coinmama clearly holds an upper hand. Thank you. "name": "Coinmama", ", Since the formation, Coinmama has reached millions of customers in over 190 countries. The executive team consists of Asaph Schulman (CEO), Nimrod Gruber (Co-Founder), Martin Koelbaek (CHO), Guy Ben-Yossef (CFO), Yaki Oliel (CRO). Users funds and cryptos are not held directly by Coinmama. Fees. Coinmama supplies a brokerage service for Bitcoin and other cryptocurrencies. The image and the text of your ID are clearly readable. I truly appreciated her kindness and help to navigate this new crypto journey my husband and I are on. 1 minute read. "name": "How Can I Contact Coinmama Customer Support? The total is 0.9% cheaper than Coinmamas total fee (10.9%). 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). "@type": "Question", 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: ? Requires 1 valid government issued ID, a selfie of yourself holding that ID and a note with Coinmama and todays date written on it. Coinmama is one of the oldest bitcoin brokers in the business. Antarctica 7. Earn 15% of Coinmamas commission on all referral purchases included all their future purchases. Coinmama has a simple interactive UI that would support your daily use of Coinmama. A full list of supported countries is available on the Coinmama website. "acceptedAnswer": { 100% guaranteed!! Launched back in 2013, Coinmama is registered in Slovakia, while owners New Bit Ventures are based in Israel. Lastly, you will need to take a selfie with your ID and a note with todays date and the word Coinmama. Credit card and debit card transactions incur a 5% processing fee. Yes. Coinmama has a dedicated customer support team that works around the clock. Prohibited Countries. Unlike Coinmama, Coinbase supports a limited number of countries around the world and is known to have horrible support. Established in 2104, Poloniex is a cryptocurrency exchange that was established by an individual by the name of Tristan D'Agosta. With high spending limits and instant delivery of cryptocurrency, Coinmama delivers a first-class experience for beginners and high rollers. The base price is calculated from TradeBlocks XBX index. You are then required to upload your identification as well as additional photos in order to complete the KYC process. For credit card and debit card transactions, there is an additional 5% processing fee added on after choosing a method of payment. 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. Click on the Send For Approval button. Bitmex is a P2P cryptocurrencies trading platform established in 2014 by co-founders Arthur Hayes, Ben Delo and Samuel Reed, who have respective backgrounds in finance, trading, and web . Cryptos offered on the Coinmama exchange include Bitcoin (BTC), Bitcoin Cash (BCH), Cardanos ADA (ADA), EOS (EOS), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), Qtum (QTUM), and, Tezos (XTZ). If you have any issues setting up your account, the Coinmama support team can help you through the process. Fees on buys made on Coinmama incur incredibly high fees of 2.93-3.9%. Level 3 The same as Level 2, and you must be nearing your 50,000 USD account limit. Start with as little as $50 Pay by credit card, debit card, or bank transfer Get Started Get started in minutes You then need to provide your bank details. Coinmama provides a very simple to use platform supporting the purchase of cryptos. Upload your passport, following the instructions provided. Coinmama sends your crypto within minutes after both your payment and wallet address have been confirmed. Coinmama support is the best in the world. If you have any questions about this topic, feel free to contact Support. Verification time takes between 5 to 15 minutes. Burning question for every crypto buyer are fees that platforms charge. Ru. It saddens me to see they have recently stopped doing so. It offers its services in more than 188 countries worldwide, which includes the UK, Europe, and most US states. Step 5: Congratulations! 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. Coinmama is one of the Slovakia-based cryptocurrency exchanges offering bitcoin buying in 200 countries and dozens of states. As a Financial Services Business, Coinmama is required to collect certain details about its clients. Heres what Ill cover: Coinmama was established in 2013 in Israel and has since grown to serve over 3.1 million customers in 188 countries with over 35 employees. Coinmama Review. She was incredibly patient and generous. You might have limited functions in some countries but overall, the service is available in the widest range of countries. "worstRating": "0" Visa; Mastercard; Cash (via Western Union transfer) . "bestRating": "10", Coinmama has three loyalty levels. This table does not include all companies or all available products. Coinmama is a venture of NBV International that is registered in Slovakia but currently operates from Israel. Omer represents Coinmama superbly well! Coinmama has a complete help center and also a dedicated support channel via email. "url": "https://www.smartbitcoininvestments.com/coinmama-review/", Once you have completed the payment details, complete the transaction. "@context": "https://schema.org", 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. See this guide for more instructions on how to place an order. Coinmama is available in more than 200 countries around the world, except for a few restricted areas. "name": "Coinmama", 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 also supports the purchase of cryptos in Aussie Dollars, Canadian Dollars, EUROs, Great British Pound, and Japanese Yen. Many more will be added soon. We currently support instant credit and debit card purchases of cryptocurrencies in the following countries: . Anyone can get started and purchase bitcoins within an hour. While this is the case, the most popular cryptos are available. The monthly limit is a moving sum of the last 30 days. 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. This is an important feature to consider, since sometimes a day or two can mean large price fluctuations. Coinmama protects users with a high level of security. "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", No. https://www.coinmama.com/blog/how-to-cash-out-your-bitcoin/. "@type": "Review", The fiat selection consists of US Dollars, Euros, British Pounds, Canadian Dollars, Australian Dollars, and Japanese Yen. For a detailed review about Coinmama keep reading this post. Together with offering amongst the highest daily buying limits in the industry, it justifies its global reach of more than 188 countries. Coinmama does recommend that users enable 2-factor authentication on any wallet apps, however. Upon completion of the information, click Next. There are plenty of articles available via the help center to assist users in navigating and understanding the processes. As a financial service, Coinmama is committed to the highest security and privacy standards. The company focuses on customer experience and customer service so that transactions are super quick (user verification takes around 30 minutes). Overall, transactions with Coinmama are simple, secure and show up immediately in your wallet, which makes it an excellent option for those who want to buy cryptocurrency instantly and securely. Daily limit: 5,000 USD/EUR Monthly limit: 20,000 USD/EUR The daily limit lasts 24 hours from the moment an order is placed. Server time: 2023-02-18 23:00:24 Both companies are regulated entities registered as Money Service Businesses with FinCEN. Both have a good reputation. Which payment methods are accepted? Since its foundation in 2013, it has grown to serve over 2 million customers across 188 countries and today has over 40 employees. For most bank-based payment methods like SEPA or Zelle the trade limit is 0.5 BTC . Bolivia 22. Had a question about transaction processing time, and it was answered promptly, accurately and by a human being! Exchange Services, Supported Cryptocurrencies & Payment Methods, https://www.linkedin.com/company/coinmama, https://www.instagram.com/coinmamaofficial/. Supported Countries. Undoubtedly, an added benefit is that users can also sell Bitcoin for fiat money. //