"acceptedAnswer": { The transaction will always be between you and Coinmama. You then need to enter the amount of Bitcoin you would like to buy. It is a centralized service with a large user base of over a million satisfied customers. Numerous crypto exchanges and trading platforms do not facilitate the sale of cryptos and withdrawal of fiat money. However I could buy a Mobile Wallet thru, BRD, with no hard Verification Process! This is an important feature to consider, since sometimes a day or two can mean large price fluctuations. "@type": "Question", 2. He deserves a promotion. } The process is fast. It is important to note that Coinmama does provide exchange crypto wallets to house purchased cryptos. Supported Cryptocurrencies. A friendly experience in these days of automation! In order to verify your account you will need to submit some form of identification. Coinmama users are able to freely insert the exact amount of USD, EUR, GBP, CAD, AUD, or JPY to purchase crypto. 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. Coinmama Supported Countries. At this time Coinmama does not allow customers to sell Bitcoins on its platform. Complete the information requested. This particularly important in the volatile world of crypto. They steal your personal information and use it for fraudulent activities. Albania 3. [CDATA[ Since the early years, Coinmama has continued to add cryptos to its offering not to mention alternative payment methods. 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. } Company Facts: 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. As long as your account is verified, once your order is placed, your bitcoin will arrive in your bitcoin wallet in approximately 10 minutes. 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. Several email correspondences were needed to get up and going. }] Sign up for a Coinmama account and get verified for purchase. The exchange is committed to providing the highest levels of privacy and security standards. Once verification and purchases have been approved you will receive your purchased digital currency instantly into your bitcoin wallet. The following cryptos are available for purchase on Coinmama: Bitcoin (BTC), Bitcoin Cash (BCH), Cardanos ADA (ADA), EOS (EOS), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), Qtum (QTUM), and Tezos (XTZ). 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. Level 3 The same as Level 2, and you must be nearing your 50,000 USD account limit. Contact Coinmama | Coinmama Support & Customer Service Sign Up Log In Buy A Wellfield Technologies Inc. (WFLD) company. Every new customer to Coinmama must submit verification for their account. ", 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. Rewards are paid only after 3 successful orders made by at least 3 different users. Fees. Also, Coinmama does not store user credit card or bank details. "@type": "Question", The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. 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. https://www.coinmama.com/blog/how-to-cash-out-your-bitcoin/. Alex and Joshua made my first ever, Bitcoin purchase experience welcoming! Also, it seems that the exchange rates Changelly uses are cheaper than Coinmamas, so overall you can save up to around 3% by using their service. Coinmama charged an extra 5% when purchasing through credit cards besides normal purchasing fees. The company allows users to make crypto purchases using various fiat currencies and payment platforms. 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 Coinmama is a property of New Bit Ventures Ltd and is operated by Cmama Ltd company #672704. Level 2 Crypto Enthusiast: Save 12.5% on Coinmama fees. I have much respect for this guys. Yes. Do note that there is a minimum purchase amount of USD50 equivalent. Bitstamp is one of the oldest and most respected exchanges out there, so its a solid alternative for Coinmama. Daily videos sent straight to your inbox. Coinmama provides you with articles to read in order to become acquainted. The base price is calculated from TradeBlocks XBX index. Are my credit/debit card details saved in your system? Coinmama serves most countries, excluding those that are sanctioned, such as North Korea and Syria. This may impact how, where and which products / companies / services we review and write about. However, it is a secure platform that has successfully helped over 3 million users purchase digital assets in 188 countries. 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). "text": "Available payment methods on Coinmama include debit card, credit card, and bank transfers (including SWIFT and SEPA). When registered, you need to add your credit card details. The minimum amount of Bitcoins you can buy is 50 USD or the equivalent in EUR/GBP/AUD/CAD/JPY. "name": "How Can I Contact Coinmama Customer Support? When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. Step 4:From here you will be brought to the accountverification page. The following cryptocurrencies are supported by Coinmama and can be purchased instantly with a credit card, debit card or bank transfer: Coinmama is one of the oldest bitcoin brokers in the business. Your email address will not be published. I can then transfer small amounts, for tranctions, from my Cold Wallet into my BRD & BitPay Wallet, & use BitPay to purchase products, Gift Cards BitPay Service, which is very well-connected to retail vendors, can make product transactions for me using any of my wallets! "acceptedAnswer": { All transactions are between the user and Coinmama. Click here! For SEPA bank transfers there is no fee (0%), however, your bank may charge additional fees. "reviewBody": "An Inside Look At The Coinmama Cryptocurrency Exchange What Is Coinmama? 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. It is your responsibility to follow those rules and laws in your country of residence or in the country from which you access this site and service. The process of buying coins from Coinmama goes as follows: As soon as your payment clears, Coinmama sends you your coins. Once Coinmama receives the Bitcoins, the transaction will be processed and funds remitted to your bank account. For a complete guide on which form of ID is required in each country, read this post. You will require the following: Government-issued ID; Your mobile phone with a working camera to take a selfie. Coinmama does provide 24/7 email support, however. Your transactions are performed instantly and appear in your wallet right away. For completion of the verification process, please ensure the following: Once you have uploaded the selfie, click Looks Good. The company was founded in 2013 by Asaph Schulman (CEO), Nimrod Gruber (Co-Founder), Martin Koelbaek (CHO), Guy Ben-Yossef (CFO), Yaki Oliel (CRO)." Coinmama is a property of NBV International s.r.o, which is a daughter company of New Bit Ventures Ltd. No call center for customer support. "acceptedAnswer": { Choose your payment method (credit card) and enter your details to complete the sale. Coinmama - Buy Bitcoin Now. KYC process to protect all user accounts and minimize fraud. ApplePay: Allows millions of Apple users a seamless experience when buying Bitcoin. Learn how to apply technical analysis to current market: En. Simply register and direct referrals to the Coinmama site with your customized referral link. Coinmama is currently available in more than 180 countries worldwide, including Australia, and it also accepts all local currencies. Coins Supported by Coinmama The following list includes the tokens and coins supported by Coinmama for the time being. Every new customer to Coinmama must submit verification for their account. By using this website, you accept our Terms of Use and Privacy Policy. There are 3 levels of verification, with increases in account spending limits for each. } Upload your passport, following the instructions provided. Once you have created your account, Coinmama will then prompt you to complete your profile. Coinmamas fees vary depending upon the payment method. Coinmama ensures speed of delivery, with cryptos reaching buy wallets within minutes. Heres a short comparison of Coinmamas brokerage service compared to other popular services around. In addition to the ID uploaded for level 1, you need to submitasecondary ID. Click on the blue Sign Up button on the top right. This page may not include all available products, all companies or all services. 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/. They have a Help Center where you can search to find answers to your question/s. Supported crypto coins: 90+ Coinbase prides itself on giving you an easy and simple platform to buy and sell cryptocurrency. Step 3: On the next screen you will need to upload a form of identification verification front and back. Cryptocurrencies Supported The following cryptocurrencies are supported by Coinmama: Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, Cardano, Qtum, and Ethereum Classic. The platform is available in over 188 countries around the globe. Apart from two of the above IDs, you will also need to upload a utility bill and complete a KYC questionnaire. 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). ", Step 3:On the next screen you will need to upload a form of identification verification front and back. Coinmama has been able to gain popularity in the world of crypto exchange platforms with the help of its simple user interface. More advanced users can use alternative trading platforms to save on transaction fees. Customer support. Enter your ID number as well as the ID expiration and issuing country. 42 Pearse St., Dublin D02 YX88, Ireland, Copyright 2023 Coinmama. Supported Countries Users can either purchase cryptos by way of packages from the Buy page or purchase specific amounts. Belarus 17. Bitstamps brokerage service is almost identical to Coinmamas, with about a 0.5% fee difference between the services. With high spending limits and instant delivery of cryptocurrency, Coinmama delivers a first-class experience for beginners and high rollers. Please refer to our FAQ on debit and credit cards for the full list of accepted regions. Receive unlimited Bitcoin. "name": "How Long Does It Take To Buy Bitcoin On Coinmama? On the bright side, Coinmama receives a score of Great from TrustPilot.