Coinmama Review

Coinmama is one of the oldest and most popular digital currencies exchanges in the market. They provide a platform where users can purchase Bitcoin and Ethereum using credit cards, debit cards or cash.
Buy Cryptocurrencies with Coinmama Now!

User Interface

The user interface is fairly simple. Just choose from a predetermined amount of the cryptocurrency that you wish to purchase or use the slider below to set a specific amount. The platform will then calculate the value of the digital currency in US dollars or Euros.

Supported Coins

Currently, you can only purchase Bitcoin and Ethereum from this exchange. You cannot sell these cryptocurrencies on their platform.

Payment Methods

Coinmama accepts payments via credit and debit cards with a processing fee of 5%. They also accept cash paid via Western Union without any handling fees.

Limits

Coinmama’s buying limits are extremely high. You can purchase up to $5,000 worth of Bitcoin daily and up to $20,000 worth monthly.

Reputation

This company is one of the oldest and most popular digital currencies exchanges in the market. In fact, it has been selling cryptocurrencies since 2013.

Fees

Their trading fee is 5.5% for every transaction and this is already included in the price that you see on their website.

Customer Support

They have a detailed help page and if you need assistance, you can contact their fast and responsive support via email. Phone support is not available.

Conclusion

Coinmama has all the basic features that you will need from a digital exchange. They may not have some of the extra features that are offered by their competitors but they have a well-established reputation within the cryptocurrency market as a safe and trustworthy company and that alone makes them a worthy choice.

Coinmama Overview

Website www.coinmama.com
Supported Coins Bitcoin, Ethereum
Deposit Fees 5% on credit/debit cards
Transaction Fee 5.5%
Payment Methods Credit/Debit Cards, Western Union
Support Email
 

How to buy Bitcoin and Ethereum with Coinmama

  1. Register for an account with Coinmama and verify your account.
  2. Set the amount of cryptocurrency that you wish to purchase and click on “Buy Now”.
  3. Use your credit or debit card to pay for the cryptocurrency that you purchased. You can also with cash via Western Union.
  4. Confirm your wallet address by clicking on the confirmation link that will be sent to your email.
  5. You will receive the cryptocurrency you purchased once your payment has been received and verified.
Buy Cryptocurrencies with Coinmama!
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