Coinmama is more than just a cryptocurrency platform. It is a financial service that people use if they want a fast, reliable, and fun way to purchase digital currency. You didn’t expect the word “fun” in trading, right? Read the review and find the right platform to trade cryptocurrencies.
This is because you’ll be getting your crypto immediately as soon as your payment and email have been verified. And the faster you get your coins, the quicker you’ll be able to do fun things with it.
Coinmama is one of the most prominent cryptocurrency platforms that will help you buy and sell cryptocurrencies like Bitcoin, using the payment options you prefer. You can use your credit card, debit card, or you can use bank transfer to pay.
The company has been around since 2013 and strives to provide simple, easy to understand financial services and reliable customer service.
Coinmama was launched in 2013 and is known as one of the established crypto platforms. It was co-founded by Nimrod Gruber, a long-time crypto enthusiast, and is proud to be the founder of Israel’s first Bitcoin ATM. Coinmama is also composed of a team that ensures that everything that they do is focused on the company’s strong values.
Based on Coinmama’s number of users and its strict verification methods, we can say that this is a secure platform, trusted by many. It offers a secure place to trade cryptocurrencies, and it would be important to note that it has never lost any crypto so for.
In 2019, more than 450,000 accounts in Coinmama and 20+ websites were part of a widespread security attack. No money was stolen; only a billion records were lost to thieves looking for information.
Luckily, Coinmama only lost email addresses and passwords but not credit card information. Also, it is unlikely Coinmama will be hacked because it delivers crypto directly to a crypto wallet.
Coinmama has a quick, easy sign-up process. Just visit the official website to start:
Coinmama’s fees are a percentage of the spot price. Commissions are up to 3.9% through SEPA bank transfer. If you wish to use a credit card, a 5% momentum fee is charged. If you use SWIFT to buy, there is a minimum fee of 20 GBP that’s added to transfers $1,000 or less.
You can use your credit card, debit card, or use bank transfers to make a deposit or withdrawal through Coinmama. Just remember that you need a cryptocurrency wallet to proceed with any transfer, and fees are possible with all the transactions you make to and from Coinmama.
You will receive an automated email response and may need to wait days for a personalized response regarding your inquiry.
Coinmama is open to more people, especially to US users. It has an easy to understand the site, and this is very important if you’re new to trading or new to cryptocurrency. It is also one of the most secure, with three levels of verification to protect their customers better.
Coinmama has limited number of cryptocurrencies to offer but has a reliable safety and security processes to keep their customers safe. It is easy to use and will fit people who have never traded crypto before. Finally, it does not trade using an app.
Despite the fees and having no mobile app for trading, Coinmama is still recommended for beginner traders. It’s for people who want to get serious with Bitcoin and other cryptos supported by this platform. Whether you’re new to crypto trading or you’re already a pro, you’ll love the seamless, easy to use the site of Coinmama.
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