Coinbase is available in 100+ countries Locations: North and Central America South America Europe Asia Africa and the Middle East North and Central America ( 14 countries supported) Bahamas Barbados Canada Costa Rica Dominican Republic El Salvador Guatemala Honduras Jamaica Mexico Nicaragua Panama Trinidad and Tobago United States South America Currently, all purchases are made in either USD or EUR, which is converted to the local currency following local exchange rates. SWIFT bank transfer orders have a minimum order amount of 1,000 USD, however. Buy & Sell Limits Here are the daily spending and cyclical limits for liquidity on Coinmama exchange. and now they wont let me buy bitcoin and wont give me my money back. Coinmama Support Team Member Malcolm helped me solve the problem I was having with ease, Malcolm answered every email I sent, it was great to know I can rely on them with help and ease. Apart from two of the above IDs, you will also need to upload a utility bill and complete a KYC questionnaire. When ready to proceed, click "Complete My Profile" as shown below. "@type": "Answer", "author": {"@type": "Person", "name": "Jeffrey Ito"}, 40,000 USD / ? Rates are calculated by the XBX Index average + 2% (STD dev) + Coinmama sales fee of between 0.1% and 0.9%. 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 . It is a centralized service with a large user base of over a million satisfied customers. The process is fast. Depending on your country of residence, you may not be able to use all the functions of the site. 100% guaranteed!! What countries are supported by Coinmama? Antigua and Barbuda 8. Once you have created your account, Coinmama will then prompt you to complete your profile. Both accept credit card and debit card payments and allow you to purchase Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. You have the choice between uploading a (1) Drivers License, (2) National or State ID, or (3) Non-US Passport. As a financial service, Coinmama is committed to the highest security and privacy standards." The minimum amount of Bitcoins you can buy is 50 USD or the equivalent in EUR/GBP/AUD/CAD/JPY. It operates in 188 countries worldwide, and is available in 24 US States. All rights reserved. The transaction will always be between you and Coinmama. In addition to the ID uploaded for level 1, you need to submitasecondary ID. ", Dont hesitate to use this platform. 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/. Exchange Services, Supported Cryptocurrencies & Payment Methods, https://www.linkedin.com/company/coinmama, https://www.instagram.com/coinmamaofficial/. A friendly experience in these days of automation! 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. For most customers, setting up a . Make sure to learn about each companys values and core mission and to perform proper due diligence on review sites, message boards and withinvestment professionals. "@type": "Offer", SWIFT, SEPA and Faster bank transfers incur no fee. For completion of the verification process, please ensure the following: Once you have uploaded the selfie, click Looks Good. Now, you need to upload your documents. Coinmama is a brokerage company that accepts a wide range of bank transfer options such as SWIFT (Worldwide), SEPA (Europe), Fedwire, Faster Payments and more. Coinmama serves most countries, excluding those that are sanctioned, such as North Korea and Syria. 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 supplies a brokerage service for Bitcoin and other cryptocurrencies. The majority of Coinmamas negative reviews complained about one thing the identity verification process. 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. Coinmama is one of the Slovakia-based cryptocurrency exchanges offering bitcoin buying in 200 countries and dozens of states. The customer support is speedy, and the website offers a comprehensive support section for users. Both accept credit card and debit card as a payment method and allow you to purchase Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Apart from two of the above IDs, you will also need to upload a utility bill and complete a KYC questionnaire. With users accepted in every country and region. Lastly, you will need to take a selfie with your ID and a note with today's date and the word 'Coinmama'. The platform is easy to use and sends coins immediately following payment. Enter your ID number as well as the ID expiration and issuing country. Furthermore, you can view confirmation of the order on the blockchain explorer. "name": "Is Coinmama A Bitcoin Wallet? 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! Step 3:On the next screen you will need to upload a form of identification verification front and back. Undoubtedly, an added benefit is that users can also sell Bitcoin for fiat money. Click on the blue Sign Up button on the top right. Coinmama is currently available in more than 180 countries worldwide, including Malaysia, and it also accepts all local currencies. 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. Once verification and purchases have been approved you will receive your purchased digital currency instantly into your bitcoin wallet. Once Coinmama receives the Bitcoins, the transaction will be processed and funds remitted to your bank account. In order to verify your account you will need to submit some form of identification. Daily videos sent straight to your inbox. This ensures that user assets are protected from theft. "@type": "Answer", } "text": "Coinmama, based in Slovakia and founded in 2013, is a property of NBV International, which is a daughter company of New Bit Ventures Ltd company. The short answer is yes. "acceptedAnswer": { ", 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. "acceptedAnswer": { These methods are: Cryptocurrency transfer Bank transfer Alipay Make sure to learn about each company's values and core mission and to perform proper due diligence on review sites, message boards and with investment professionals. (Coinmama is planning to expand this beyond Bitcoin in the near-term, however). 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: ? Since the formation, Coinmama has reached millions of customers in over 190 countries. Coinmama provides an exchange to support the buying and selling of cryptos. In terms of supported currencies - also Binance with its hundreds of supported coins. "name": "Where Is Coinmama Located? Changelly can be used from any country and supports the following fiat currencies: USD,GBP and EUR. This is an important feature to consider, since sometimes a day or two can mean large price fluctuations. Your transactions are performed instantly and appear in your wallet right away. Total cumulative crypto purchases at Level 1 verification are also capped, at 15,000 USD. The large user base is a result of the number of countries it supports worldwide - over 180! Check your email for a verification confirmation email. "@type": "Answer", (As shown below). Africa. Your email address will not be published. "brand": "Coinmama", No, your credit/debit card details are not saved in our system. 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. Blog: A dedicated blog page delivers users with the latest crypto news and views, key for any crypto investor. Unlike Coinmama, Coinbase supports a limited number of countries around the world and is known to have horrible support. 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. This usually happens within the hour. 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 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. Unfortunately, this cant be avoided when using a credit card, but considering the prompt service its sometimes worth the cost. Every new customer to Coinmama must submit verification for their account. Coinmama primarily accepts USD, EUR, GBP, CAD, and AUD but accepts all currencies. 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. 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. You are then required to upload your identification as well as additional photos in order to complete the KYC process. These fees include the broker fee only. Your mobile phone with a working camera to take a selfie. Stay in touch. Coinmama is a property of New Bit Ventures Ltd and is operated by Cmama Ltd company #672704. Coinmama users are able to freely insert the exact amount of USD, EUR, GBP, CAD, AUD, or JPY to purchase crypto. Coinmama is a venture of NBV International that is registered in Slovakia but currently operates from Israel. ", Fill in the registration page. Binance allows purchases of crypto with a credit card, both through themselves and third-party providers such as Simplex. Learn everything you need to know about Bitcoin in just 7 days. Relative to some of its peers, the number of cryptos on offer is on the lighter side. Furthermore, you can view confirmation of the order on the blockchain explorer." Customer support. It is owned by NBV International (the daughter company of New Bit Ventures Ltd). Had a question about transaction processing time, and it was answered promptly, accurately and by a human being! "name": "What Payment Methods Are Available On Coinmama? . Countries supported: Coinmama offers you the choice of continuing with your desktop or switching to your mobile phone. All transactions are between the user and Coinmama. On top of the stated price, you will also need to add a 5% credit card processing fee. 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. Click on the Send For Approval button. Verification time takes between 5 to 15 minutes. window.__mirage2 = {petok:"WgpiZBLxhAby4tG2DqiF5QTMMfQp4nATYxsI4D.kRJg-5356800-0"}; "reviewBody": "An Inside Look At The Coinmama Cryptocurrency Exchange What Is Coinmama? "@type": "Rating", "text": "Coinmama is headquartered in Slovakia, Europe. Coinmama is registered in Slovakia but is owned by New Bit Ventures Limited that is headquartered in Israel. 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. "@type": "Product", 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). 15,000 USD / ? The company focuses on customer experience and customer service so that transactions are super quick (user verification takes around 30 minutes). Since the genesis, Coinmama is trusted by over 2,300,000 people across 197 countries. Coinmama is an online cryptocurrency exchange supporting the purchase of cryptos. Anyone can get started and purchase bitcoins within an hour. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website. You can't deposit money on Coinmama, so you need to pay with a credit card, debit card, or Western Union payment. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. Your personal details and documents are encrypted, and your credit card details are not stored anywhere on the Coinmama website or servers. Angola 5. },{ "@type": "Question", Simply register and direct referrals to the Coinmama site with your customized referral link. 30,000 USD / ? Visit Coinmama Read review How to Use Coinmama 1. Coinbase has more options for cryptocurrency purchases (0x), while Coinmama supports Ripple and Cardano. *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, Per the reports, Fiat and KIA will now sell cars in the Metaverse by utilizing the capabilities of ChatGPT. Together with offering amongst the highest daily buying limits in the industry, it justifies its global reach of more than 188 countries. Transaction limits vary based on your verification level. Payments can be made on Coinmama through Apple Pay, SEPA, SWIFT, Fedwire, and Faster Payments. Coinmama is an online cryptocurrency exchange supporting the purchase of cryptos. . The document verification process usually takes around 30 minutes, which is one of the quickest in the market. If you want to view more great exchanges for buying and selling bitcoin check out our full guide. Established in 2104, Poloniex is a cryptocurrency exchange that was established by an individual by the name of Tristan D'Agosta. } Simple: I opened an account recently to buy Bitcoin. Coinmama - Buy Bitcoin Now. Coinmama, one of the world's oldest Bitcoin Broker, has its headquarters located in Slovakia. We hate spam as much as you do. "@type": "Answer", Rewards are paid only after 3 successful orders made by at least 3 different users. Since launching in 2013, Coinmama has amassed a total of 2,300,000 users across 197 countries. 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. Once you have created your account, Coinmama will then prompt you to complete your profile. You can also make a lifetime purchase amount of 50,000 USD. You are required to enter your full name, DOB, and sex and then click Next. Only Visa/MasterCard are supported. 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, You then need to provide your bank details. Coinmama offers its services worldwide with the exception of sanctioned countries and several US states. In summary: Selling Fees: These are tiered and correlate with a users loyalty program level. Countries Supported. 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. I could have been scammed! The more referrals an affiliate makes, the more Coinmama pays in Bitcoin. "@type": "Answer", When registered, you need to add your credit card details. Yes. I came across multiple crypto platforms and Coinmama is the best. You will also need to enter your country of residence and provide your address and phone number. For a detailed review about Coinmama keep reading this post. Your Coinmama account is set up and ready to go. We strive to keep the list as up to date as possible, so we review it at least once a week. "@type": "Question", Coinmama offers 10 coins and tokens for . Email . Supported Countries Coinmama is the property of New Bit Ventures Ltd, which is a regulated Money Services Business licensed by FINCEN and IMPA. Coinmama delivers coins within minutes of purchase. Name Ticker Launch Year Bitcoin BTC 2009 Visit Litecoin LTC 2011 Visit EOS Token EOS 2017 Visit Ethereum ETH 2016 7,500 USD / ? Coinmama ensures speed of delivery, with cryptos reaching buy wallets within minutes. Your crypto wallet will then be funded with the cryptos that you have purchased. This means that the company sells you the coins directly, as opposed to a trading platform where you buy the coins from other people. The crypto price shown on Coinmama is based on a service called TradeBlock XBX. 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. . In addition, this helps us fight fraud and keep your account safe. With Coinmama, users are able to sell Bitcoin, even if purchased elsewhere and receive fiat money directly in their bank account. Coinmama sells crypto out of its own inventory. but may require additional identity verification Other supported countries and territories: UK, Switzerland, Norway, Monaco, Montenegro, Serbia, Turkey, Andorra, Moldova, Gibraltar, Iceland, Greenland, Liechtenstein, Isle of Man . The exchange is committed to providing the highest levels of privacy and security standards. Coinmama provides a very simple to use platform supporting the purchase of cryptos. Strong emphasis on security as a crypto platform falling under the purview of FINCEN. It offers its services in more than 188 countries worldwide, which includes the UK, Europe, and most US states. Coinmama is one of the few exchanges supported almost worldwide. 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). You will require the following: Government-issued ID; Your mobile phone with a working camera to take a selfie. Go to the Coinmama confirmation email and click Confirm Your Email. She was incredibly patient and generous. 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. },{ 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. Supported Countries. IT IS A BIG SCAM, TRAP YOUR MONEY. 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. You need a cumulative purchase amount of 5,000 USD over a 90-day rolling period to maintain status. These fees include the broker fee only. Powered by Siteground. 99 Coins International PTE. "@type": "Question", "datePublished": "2018-10-29", 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. How Long Does It Take To Buy Bitcoin On Coinmama? Coinmama does recommend that users enable 2-factor authentication on any wallet apps, however. 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 basic function will be to answer questions of the customers supported by the . Step 4:From here you will be brought to the accountverification page. Level 2 Crypto Enthusiast: Save 12.5% on Coinmama fees. Support Email: help@paxful.com. This table does not include all companies or all available products. "acceptedAnswer": { Continue reading for the most comprehensive review on the web. The total is 0.9% cheaper than Coinmamas total fee (10.9%). . 12,000 USD, Monthly spending limit: ? A full list of supported countries is available on the Coinmama website. Coinmama is not a wallet service. Coinmama's team has placed emphasis on customer support throughout the platform, which will be touched on later in this review. If any of them succeeded, the company would have gained more control over the Bitcoin network. Coinmama's platform is operated by Cmama Ltd., established and registered in Ireland. Thats why I make it a habit to actually read through the reviews and see what people are complaining about. The process of buying coins from Coinmama goes as follows: As soon as your payment clears, Coinmama sends you your coins. Upon completion of the information, click Next. 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 makes your Bitcoin purchase nice and easy. Credit card or debit card is the most popular method of payment. See this guide for more instructions on how to place an order. Buy more and save on Coinmama fees with an added crypto bonus to your order. Coinmama is one of the most established exchanges on the market. There are no additional fees for the withdrawal of coins from Coinmama. This can be anything from a drivers license to a passport. IMPORTANT The fees stated in this table are for credit card purchase only. Check your email for a verification confirmation email. "reviewRating": { 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 platform was established to create the simplest financial service in the crypto space. The monthly limit is a moving sum of the last 30 days. You may either chose one of the Bitcoin packages on offer or you may choose the amount of Bitcoin you wish to purchase by entering the amount of Bitcoin or USD equivalent. [CDATA[ Most positive reviews praise the customer support of the site. Sell Crypto: Users are able to sell Bitcoin on the Coinmama platform. Your personal details and documents are encrypted, and your credit card details are not stored anywhere on the Coinmama website or servers. 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. . This also helps keep your account safe, fight fraud, and more. i have complained at my bank and even reported it to the police. Password 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/. 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). Omer was outstanding. Verification time takes between 5 to 15 minutes. ", Upload your passport, following the instructions provided. Coinmama is available in more than 200 countries around the world, except for a few restricted areas. I think the help of your team is just great and I really appreciate the quick and uncomplicated, always friendly cooperation. This can be located under the Marketing Tools tab in your Coinmama account. If you want to send Customer Support a message you can do so here. Step 4: From here you will be brought to the account verification page. Also, Coinmama does not store user credit card or bank details. The executive team consists of Asaph Schulman (CEO), Nimrod Gruber (Co-Founder), Martin Koelbaek (CHO), Guy Ben-Yossef (CFO), Yaki Oliel (CRO)." ApplePay: Allows millions of Apple users a seamless experience when buying Bitcoin. This means that Coinmamas price can be as much as a total of 10.9% above the market rate. These are available on the Help Center page. As a financial service, Coinmama is committed to the highest security and privacy standards. Coinmama support is typically pretty responsive. 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%. Benin 19. Some of the more frequently asked questions available on Coinmama include: Does Coinmama facilitate trades between buyers and sellers? There are plenty of articles available via the help center to assist users in navigating and understanding the processes. Your email address will not be published. Antarctica 7. Once you have completed the payment details, complete the transaction. More advanced users can use alternative trading platforms to save on transaction fees. KYC process to protect all user accounts and minimize fraud. Fees incurred on buy orders depend both on the user loyalty level and method of payment. Supported Countries / States. Armenia 10. "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", From my own experience I can say that verification with Coinmama was relatively easy, and yes, they require a lot of information. "name": "How Can I Contact Coinmama Customer Support? Every new customer to Coinmama must submit verification for their account. Server time: 2023-02-18 23:00:24 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.