It has gained millions of users due to its safety, where users can quickly buy and sell cryptocurrencies. So, no need to wait for hours and days to start buying and selling cryptocurrencies. You can use any payment method for purchases but cannot use bank transfer, debit or credit card, Google Pay, SEPA Instant or SWIFT for selling cryptocurrencies. Coinmama takes pride in offering one of the most responsive and accessible customer support teams. This is notable because customer service can be a weak point in a lot of fintech services, especially trading platforms and crypto exchanges like Coinmama. The level 1 account type simply requires the user to input basic details when signing up for Coinmama.
If you have a problem with your account and need some help from the Coinmama team then you have a few support options to choose from. The best way to contact them is through live chat though, however, this is only available during business hours, which I have listed below. Even though it accepts Credit and Debit cards, the fee is relatively high compared to other platforms. However, users are free from any additional charges for withdrawing. Coinmama is a simple and secure platform, which continues to grow and is competitive. Although the services are limited, unlike many crypto exchanges, it is available in the U.S.
Coinmama Review Buy and Sell Bitcoin and Cryptocurrencies
The security Coinmama provides may seem expensive, but the platform offers the best security compared to other crypto exchanges. The cryptocurrency exchange platform charges 2.3% more than the current market rate, and levies commission up to 3.9% on crypto purchases and 0.9% on sales. Payments made by credit card, debit card, Apple Pay, or Google Pay have a 4.99% fee issued. Coinmama is really designed for international users who wants a fast and hassle-free way to purchase cryptocurrency. Since they accept bank transfer, credit cards and debit cards as a payment method Coinmama is a versatile platform that doesn’t hold you back.
The more you understand the crypto space, the better your grasp of how to secure your cryptocurrency holdings. The Academy is easy to navigate and written for even the virgin crypto novice. Coinmama is a centralised exchange, meaning they have one single point of failure.
The process of purchasing is so easy.
If you’ve had your own experience with Coinmama, I’d love to hear about it in the comment section below. In order to verify your account you will need to submit some form of identification. This can be anything Coinmama Review from a driver’s license to a passport. For a complete guide on which form of ID is required in each country, read this post. However, BBB ratings don’t ensure a company will be reliable or perform well.
Coinmama is available to users in 188 countries and 48 U.S. states, excluding Hawaii and New York. It gives customers the option to purchase crypto using credit cards, debit cards, bank transfers, Apple Pay, and Google Pay. Coinmama offers a simple crypto trading solution for some of the most popular coins and tokens in the https://www.tokenexus.com/ world. The broker boasts an excellent set of educational features and market analysis functionality, including detailed crypto statistics and even AI-powered price predictions. Moreover, fast transaction speeds, an integrated wallet application and a range of wide payment methods bring it further ahead of the competition.
They will steal your money
What beginners love about Coinmama is how easy it is to buy and sell cryptocurrencies. You don’t have to deposit funds, wait for them to clear and then buy your cryptocurrencies. It’s also an added safety feature because you aren’t storing your fiat currency on an exchange, or registering bank account details. For traders who prioritize keeping their payment data secure and minimizing their exposure to hackers or scams, Coinmama is one of the best cryptocurrency exchanges you could choose.
When it comes to cryptocurrency exchanges there are several different types. With Coinmama, users are able to sell Bitcoin, even if purchased elsewhere and receive fiat money directly in their bank account. Coinmama does not provide users with wallets on the exchange.