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). Angola 5. Coins Supported by Coinmama The following list includes the tokens and coins supported by Coinmama for the time being. 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). Since the genesis, Coinmama is trusted by over 2,300,000 people across 197 countries. Customer support. Omer was outstanding. Burning question for every crypto buyer are fees that platforms charge. Customer service hours are from Sunday-Thursday 9:00-18:00 GMT+3 / 2 AM-10 AM EDT / 11 PM-7 AM PDT. All Rights Reserved. Fill in the registration page. Your transactions are performed instantly and appear in your wallet right away. Customer Service Coinmama has a dedicated customer support team that works around the clock. Apart from two of the above IDs, you will also need to upload a utility bill. Coinmama's platform is operated by Cmama Ltd., established and registered in Ireland. 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. The base price is calculated from. Currently, all purchases are made in either USD or EUR, which is converted to the local currency following local exchange rates. *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, 100% guaranteed!! they are scammers. Coinmama operates in over 190 countries and territories worldwide. 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 process is called verification and is something everyone must go through before buying crypto anywhere. IT IS A BIG SCAM, TRAP YOUR MONEY. Supported Countries. 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. Antigua and Barbuda 8. 12,000 USD, Monthly spending limit: ? Level 3 The same as Level 2, and you must be nearing your 50,000 USD account limit. Verification time takes between 5 to 15 minutes. In terms of regulatory compliance and licensing: Coinmama clearly holds an upper hand. Requiresa valid government-issued IDand aselfie of yourself holding that ID and a note with Coinmama and todays date written on it. 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). Coinmama accepts all currencies, in particular, USD, EUR, GBP, CAD, AUD, and JPY. The process is fast. 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. Which payment methods are accepted? The majority of Coinmamas negative reviews complained about one thing the identity verification process. It is highly appreciated. With Coinmama, users are able to sell Bitcoin, even if purchased elsewhere and receive fiat money directly in their bank account. The exchange rate provided by Binance is similar to Coinmamas. Upload your passport, following the instructions provided. When you have your ID, mobile phone, and pen and paper ready, click Lets Go. "@context": "https://schema.org/", The company allows users to make crypto purchases using various fiat currencies and payment platforms. Coinmama. "publisher": {"@type": "Organization", "name": "Smart Bitcoin Investments"} For more information about level 3, contactsupport@coinmama.com. 2023 Coinmama Exchange Review: Leadership Page. Okex Payment Methods There are four methods for depositing funds into the Okex trading account. Also, Coinmama does not store user credit card or bank details. You can unsubscribe with one click. Coinmama holds no cryptos for users on the exchange. At this stage, Coinmama will proceed with the verification process and notify you by email upon completion. Coinmama protects users with a high level of security. . Check your email for a verification confirmation email. Coinmama support is typically pretty responsive. Your Coinmama account is set up and ready to go. Each payment method has its pros and cons, the information below will help you decide what's most suitable for you to use. Coinmama is one of the oldest bitcoin brokers in the business. 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/. Both accept credit card and debit card payments and allow you to purchase Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Go to the Coinmama confirmation email and click Confirm Your Email. In order to maintain your Believer status. The company also operates in the United States . Barbados 16. The exchange is committed to providing the highest levels of privacy and security standards. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. Coinmama is available in more than 200 countries around the world, except for a few restricted areas. 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: ? Coinmama's platform is operated by Cmama Ltd., established and registered in Ireland. It offers its services in more than 188 countries worldwide, which includes the UK, Europe, and most US states. All transactions are between the user and Coinmama. In order to verify your account you will need to submit some form of identification. "offers": { How To Buy Bitcoin On Paxful With iTunes Gift Card "@context": "https://schema.org", Payment Methods You can buy Bitcoin or Ethereum with your credit/debit card. COINS AVAILABLE ACCEPTED COUNTRIES PAYMENT METHODS TWITTER BINANCE Review Bob Mason Binance is the world's largest online cryptocurrency exchange by trading volume. You will require the following: When ready to proceed, click Complete My Profile as shown below. Here you'll have all the info that you'll need to place an order with us right at your fingertips. 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. "reviewRating": { Coinmama services are only available in 24 states in the US. Coinmama accepts only Visa and Mastercard. Here are the daily spending and cyclical limits for liquidity on the Coinmama exchange. Fees: Simplex, Coinmama's credit/debit card processor, charges a 5% additional fee (with a minimum cap of USD 10) on each transaction. "name": "Is Coinmama Safe? Enter your ID number as well as the ID expiration and issuing country. Then enter your ID number and expiration date. "text": "Yes, Coinmama functions as a full-featured wallet for protecting your cryptocurrency. "brand": "Coinmama", 5,000 USD / ? For completion of the verification process, please ensure the following: Once you have uploaded the selfie, click Looks Good. However these are just standard Know Your Customer (KYC) and Anti Money Laundering (AML) policies that most legit exchanges must adhere to. "name": "How Can I Contact Coinmama Customer Support? 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. The team behind Coinmama is top notch and they have an entire page devoted to the employees of the platform. If any of them succeeded, the company would have gained more control over the Bitcoin network. You can view the payment schedule here. No call center for customer support. You might have limited functions in some countries but overall, the service is available in the widest range of countries. Troubleshoot here! Before making any purchase decision with an exchange always ensure to investigate the reputation of management, venture capital investors and regulatory approvals. You will also need to enter your country of residence and provide your address and phone number. The fiat selection consists of US Dollars, Euros, British Pounds, Canadian Dollars, Australian Dollars, and Japanese Yen. Users are able to purchase Coinmama supported cryptos by credit or debit card or by bank transfer. And they boast 68+ million users in 100+ countries , making them one of . In summary: Selling Fees: These are tiered and correlate with a users loyalty program level. Coinmama pays all earnings monthly in arrears. 10, Maximum number of monthly orders: ? Powered by Siteground. Coinmama is a property of NBV International s.r.o, which is a daughter company of New Bit Ventures Ltd. "text": "You can get in touch with Coinmama customer support through a few trusted channels. 50, Overall account spending limit: 50,000 USD, Daily spending limit: ? Coinbase charges a variable fee for credit card purchases, which is estimated to be around 4%. If you have the option to use a bank transfer (SEPA, SWIFT, Fedwire, FasterPayments, etc.) There are no additional fees for the withdrawal of coins from Coinmama. For beginners, this is an excellent option for buying your first Bitcoin. 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. As a financial service, Coinmama is committed to the highest security and privacy standards backed by excellent customer service. As long as your account is verified, once your order is placed, your bitcoin will arrive in your bitcoin wallet in approximately 10 minutes. Secured by Sucuri. 1 minute read. It saddens me to see they have recently stopped doing so. Buy Bitcoins with your bank account through Coinmama. Every new customer to Coinmama must submit verification for their account. "@type": "Answer", A flat fee of 20 GBP is charged for users wishing to make an order below 1,000 USD. "text": "Coinmama is one of the oldest bitcoin brokers in the business. 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. Some would argue that Binance has an easier KYC process, but Ive actually experienced it the other way around. "@type": "Question", 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. KYC process to protect all user accounts and minimize fraud. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. } The process of buying coins from Coinmama goes as follows: As soon as your payment clears, Coinmama sends you your coins. ", The customer support is speedy, and the website offers a comprehensive support section for users. On transactions with a locked crypto rate and instant deliver (credit/debit cards) there is an additional 5.0% momentum fee. Changelly used to be known to be one of the most expensive services you could use to buy Bitcoin with a credit card. Phone: +1 (865) 272-9385. Together with offering amongst the highest daily buying limits in the industry, it justifies its global reach of more than 188 countries. A very user-friendly platform supporting both novice and experienced crypto investors. As instructed, ensure that: Now take a selfie. You then need to enter the amount of Bitcoin you would like to buy. Omer was the BEST! Certain countries are also served by a third party, rather than directly by Coinmama themselves. If you want to send Customer Support a message you can do so here. Upon completion of the information, click Next. Coinmama has three loyalty levels. ", If you have general issues feel free to send an email to the support staff or submit a ticket here. Visa; Mastercard; Cash (via Western Union transfer) . Your email address will not be published. Across all these places, it has more than 3.1 million users. Several email correspondences were needed to get up and going. Level 3 Requires filling a short form. Bolivia 22. ", You are then required to upload your identification as well as additional photos in order to complete the KYC process. Users funds and cryptos are not held directly by Coinmama. Once you have clicked Buy Now, you will be prompted to enter your target crypto wallet address and choose your payment method. Cookie Settings. Coinmama sells crypto out of its own inventory. 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 provides an exchange to support the buying and selling of cryptos. Upon promotion to a higher level, you need to meet a cumulative minimum purchase amount over a rolling 90-day period to maintain your status. Unlike Coinmama, Coinbase supports a limited number of countries around the world and is known to have horrible support. and now they wont let me buy bitcoin and wont give me my money back. Visa Mastercard Cash (via Western Union transfer) SEPA (Single Euro Payments Area) Countries with limited support: China, Russia. "@type": "Answer", "name": "What Countries Does Coinmama Support? They steal your personal information and use it for fraudulent activities. However I could buy a Mobile Wallet thru, BRD, with no hard Verification Process! See here for details on verification levels. Payments can be made on Coinmama through Apple Pay, SEPA, SWIFT, Fedwire, and Faster Payments. How Long Does It Take To Buy Bitcoin On Coinmama? Undoubtedly, an added benefit is that users can also sell Bitcoin for fiat money. },{ Once you have completed the payment details, complete the transaction. Thumbs up for the excellent service guys. 20 / ? Crypto assets are highly volatile and largely unregulated. Coinmama offers 10 coins and tokens for . 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. 5 / ? Coinmama is not a wallet service. 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.). Transfer options vary depending upon user domicile. You have the choice between uploading a (1) Drivers License, (2) National or State ID, or (3) Non-US Passport. //]]>. Bermuda 20. 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. Prohibited Countries. Faster Payments (UK Banks Only): Delivery is up to 1 business day and there are zero additional fees. Great customer service and really easy to use. You can't deposit money on Coinmama, so you need to pay with a credit card, debit card, or Western Union payment. "text": "Coinmama is a cryptocurrency exchange that specializes in credit card, debit card, and cash purchases for verified customers in countries all over the globe. This is lower than the 5.9% Coinmama charges. As a financial service, Coinmama is committed to the highest security and privacy standards. 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. Bahrain 15. Belize 18. Afghanistan, Aland Islands, Albania, Algeria, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, The Bahamas, Bahrain, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bonaire, Sint Eustatius and Saba, Bosnia and Herzegovina, Botswana, Brazil, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, Colombia, Comoros, Congo, the Democratic Republic of the Congo, Cook Islands, Costa Rica, Cote DIvoire, Croatia, Curacao, Cyprus, Czech Republic, Denmark, Djibouti, Dominica, Dominican Republic, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, French Guiana, French Polynesia, Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guatemala, Guernsey, Guinea, Guinea-Bissau, Guyana, Haiti, Holy See (Vatican City State), Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iraq, Ireland, Isle of Man, Israel, Italy, Jamaica, Japan, Jersey, Jordan, Kazakhstan, Kenya, Kiribati, Korea, Republic of, Kuwait, Lao Peoples Democratic Republic, Latvia, Lesotho, Liberia, Libyan Arab Jamahiriya, Liechtenstein, Lithuania, Luxembourg, Macao, the Former Yugoslav Republic of Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mexico, Micronesia, Federated States of, Moldova, Republic of, Monaco, Mongolia, Montenegro, Montserrat, Morocco, Mozambique, Myanmar, Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand, Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Norway, Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Qatar, Reunion, Romania, Russian Federation, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Samoa, San Marino, Sao Tome and Principe, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Sint Maarten, Slovakia, Slovenia, Solomon Islands, South Africa, Spain, Sri Lanka, Suriname, Svalbard and Jan Mayen, Swaziland, Sweden, Switzerland, Taiwan, Province of China, Tajikistan, Tanzania, United Republic of, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates, United Kingdom, United States*, Uruguay, Uzbekistan, Vanatu, Venezuela, Viet Nam, Virgin Islands, British, Wallis and Futuna, Western Sahara, Yemen, Zambia, Zimbabwe. Strong emphasis on security as a crypto platform falling under the purview of FINCEN. Rewards are paid only after 3 successful orders made by at least 3 different users. We strive to keep the list as up to date as possible, so we review it at least once a week. 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 } 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. The main aim of Coinmama is to allow people to own and control their economy, which is often impossible with the traditional financial system. Step 4:From here you will be brought to the accountverification page. You are required to provide your wallet details during the transaction process. SWIFT bank transfer orders have a minimum order amount of 1,000 USD, however. } Changelly takes 5% on top of the existing 5% payment processor fee. We are working on being able to provide this service to other countries as well in the manner that you mentioned in your message, so you are welcome to stay tuned ;) SAPIR. Coinmama has lower fees for bank transfers, 0%, yet higher fees for credit card and debit card purchases, 5%, when compared to Coinbase which charges 1.49% and 3.99% respectively. "@type": "Answer", ", Users can click the Chat link and search by topic for filed articles. Belarus 17. There are plenty of articles available via the help center to assist users in navigating and understanding the processes. Azerbaijan 13. The executive team consists of Asaph Schulman (CEO), Nimrod Gruber (Co-Founder), Martin Koelbaek (CHO), Guy Ben-Yossef (CFO), Yaki Oliel (CRO). The image and the text of your ID are clearly readable. When registered, you need to add your credit card details. Numerous crypto exchanges and trading platforms do not facilitate the sale of cryptos and withdrawal of fiat money. For SEPA bank transfers there is no fee (0%), however, your bank may charge additional fees. Coinmama has a complete help center and also a dedicated support channel via email. To protect both parties from this, Coinmama locks the Bitcoin price for you as soon as you submit your order. 42 Pearse St., Dublin D02 YX88, Ireland, Copyright 2023 Coinmama. You then need to provide your bank details. It is a great platform for people who are just starting out with Bitcoin and want to see how it works. 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. https://www.coinmama.com/blog/how-to-cash-out-your-bitcoin/. They have a Help Center where you can search to find answers to your question/s. You must make a cumulative purchase amount of 18,000 USD over a 90-day rolling period. Cons: Limited states in the US. "acceptedAnswer": { Once verification and purchases have been approved you will receive your purchased digital currency instantly into your bitcoin wallet." Coinmama Review. This page may not include all available products, all companies or all services. The Coinmama crypto list also includes Bitcoin Cash, Litecoin, Tezos, Ripple, Dogecoin, Monero, Uniswap, and Chainlink. 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.