COINMAMA REVIEW
Rating
(96 User Ratings)
Currencies
Australian Dollar (AUD)🇦🇺
Available Cryptocurrencies
Available 200+ Cryptocurrencies
Table of Contents
Your existing cryptocurrency exchange must have given you a hard time purchasing popular virtual currencies. You must have experienced hassles such as the presence of go-betweens, limited digital coins available for trading, and few accepted payment methods.
At Coinmama, you can bid these dilemmas of yours farewell for good. After all, this established cryptocurrency exchange has been leaving favourable impressions to their clients for a long time. Also, you should be aware that Coinmama deserves your trust because over a million people have already given their faith in this trading platform.
Do you feel like you want to discover more about Coinmama? Keep reading this online discussion to know how you can get the best trading experiences at the platform!
User-Friendly Interface: Coinmama is known for its user-friendly interface, making it accessible for beginners in the cryptocurrency space.
Global Availability: Coinmama is available in many countries around the world, allowing users from various regions to access and use their services.
Variety of Cryptocurrencies: Coinmama supports a range of cryptocurrencies, including popular ones like Bitcoin and Ethereum.
Quick Verification Process: The verification process on Coinmama is often considered quick and straightforward compared to some other platforms.
Credit/Debit Card Payments: Coinmama accepts credit and debit card payments, providing a convenient way for users to purchase cryptocurrencies with traditional payment methods.
Fees: Coinmama is known for having higher fees compared to some other exchanges. This includes transaction fees and fees associated with credit/debit card purchases.
Limited Cryptocurrency Selection: While Coinmama offers a variety of cryptocurrencies, the selection may not be as extensive as on some other exchanges.
No Wallet Services: Coinmama does not provide a wallet service. This means users need to have their own cryptocurrency wallets for storage, which may be inconvenient for some users.
No Advanced Trading Features: Coinmama is primarily designed for buying and selling cryptocurrencies, and it may lack some of the advanced trading features that more comprehensive exchanges offer.
Customer Support: Some users have reported concerns about the responsiveness of Coinmama’s customer support in the past. However, this can vary from user to user.
Background and Offerings of the Cryptocurrency Exchange
In 2013, Slovakian firm NBV International s.r.o. and its financial service affiliate New Bit Ventures Limited opened Coinmama for business. The digital currency exchange serves as an international Internet-based marketplace for purchasing cryptocurrencies.
The pioneers of Coinmama believe that the future of money is where people possess control over the financial system. For them, the global economy in the coming years is where fine print, hidden charges, and intermediaries do not exist and cannot inconvenience consumers anymore. These visions led Coinmama’s founders to establish the cryptocurrency trading platform.
As of 2020, Coinmama has provided financial empowerment to the world’s people by delivering understandable and dependable trading services. The digital currency exchange is a straightforward, quick, secure, and enjoyable site for purchasing cryptocurrencies anywhere globally. Also, Coinmama has assisted over a million customers from 188 territories in availing of virtual coins and tokens with fiat currency. For nearly a decade, this cryptocurrency exchange has left millions of traders satisfied with their decisions.
6 Benefits Offered by Coinmama to Cryptocurrency Traders
Coinmama Cryptocurrency Marketplace has been in the service of virtual currency traders worldwide for almost one decade as of 2020. If you decide to purchase Bitcoin and other popular digital coins here, you will surely enjoy the following perks:
- (1) You can buy your favourite cryptocurrencies.
Coinmama customers can trade ten cryptocurrencies via the platform. These prominent virtual currencies include:
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Cardano (ADA)
- Eos (EOS)
- Ethereum (ETH)
- Ethereum Classic (ETC)
- Litecoin (LTC)
- Qtum (QTUM)
- Ripple (XRP)
- Tezos (XTZ)
- (2) At Coinmama, you can choose from the various deposit or payment options accepted.
The digital currency trading platform makes it easy for you to purchase cryptocurrencies, thanks to the multiple payment choices you can use. They consist of:
- Single Euro Payments Area or SEPA bank transfer
- Fedwire
- MasterCard credit and debit cards
- Visa credit and debit cards
- SWIFT
- SOFORT
Also, you can use the following fiat currencies at Coinmama:
- US Dollar (USD)
- Euro (EUR)
- Australian Dollar (AUD)
- Canadian Dollar (CAD)
- British Pound (GBP)
- Japanese Yen (JPY)
The virtual currency exchange features live pricing in US dollars and Euros as well.
- (3) You can benefit from the high spending limits.
Coinmama features significant spending limits, unlike other cryptocurrency exchanges. Hence, you can purchase the virtual coins of your preference.
Remember that there is a 5 per cent deposit fee for credit card transactions, zero withdrawal fee, and a trading fee of 2.9 to 3.9 per cent, depending on your loyalty tier.
- (4) You can buy cryptocurrencies from over 180 territories globally and have them delivered to you instantly.
Coinmama makes it possible for you to purchase digital coins straight from the exchange. You do not have to feel inconvenienced by brokers or intermediaries. Above all, you can get your cryptocurrencies instantly. The platform gets them delivered to you right after you place your order.
- (5) You can enjoy rapid verification process.
You will feel wowed by the fast-track authentication procedure at the cryptocurrency exchange. After you complete setting up your account, you can begin buying virtual coins, and these processes can just take a few minutes to finish.
- (6) You will relish impressive customer service assistance.
Coinmama has a customer support team called Happiness Heroes. They are always at your side to offer the aid you need 24/7.
You surely will not get all of these fantastic customer benefits from other digital currency exchanges. Hence, you should not think twice of trying cryptocurrency trading at Coinmama!
Your existing cryptocurrency exchange must have given you a hard time purchasing popular virtual currencies. You must have experienced hassles such as the presence of go-betweens, limited digital coins available for trading, and few accepted payment methods.
At Coinmama, you can bid these dilemmas of yours farewell for good. After all, this established cryptocurrency exchange has been leaving favourable impressions to their clients for a long time. Also, you should be aware that Coinmama deserves your trust because over a million people have already given their faith in this trading platform.
Do you feel like you want to discover more about Coinmama? Keep reading this online discussion to know how you can get the best trading experiences at the platform!
FREQUENTLY ASKED QUESTIONS
If you experience any glitches or problems while trading, Coinmama has a contact “Contact Us” page where you can submit our concerns or queries. Also, you can reach out to the customer support team via their e-mail address, which is [email protected]. Coinmama features an online Help Centre as well. This section offers the answers to your frequently asked inquiries. These pieces of information can be about becoming an affiliate, the verification process, and information and assistance for beginner cryptocurrency traders. At the Help Centre, you can also obtain answers to your queries about your account and security, virtual currency trading, and problems with ordering.
Yes, it is not risky to use Coinmama. This registered financial service company is in Slovakia and has been in operations selling cryptocurrencies since 2013. Coinmama utilises several significant security measures. These protective mechanisms make sure that the funds of their clients are safe. These safety measures comprise the clients’ personal and financial information and documents getting encrypted. Plus, Coinmama never stores the credit card information of their customers on the servers or the cryptocurrency exchange.
You can avail of your preferred cryptocurrencies at the virtual currency trading platform by following these five easy steps: a. Create an account. You will have to supply your personal details when registering, such as your name, proof of identification, country of residence, and e-mail address. b. Input your transaction information. You will need to indicate which cryptocurrency you desire to avail of and how much you intend to buy. c. Select your method of payment. You need to choose whether you will settle your transaction using a debit card, credit card, or other accepted modes of payment to pay for your purchased cryptocurrency. d. On the payment form, supply your bank card information. You will have to give your credit or debit card details on the payment form. Then, you should follow the prompts. e. Submit your payment. This last step involves you completing your payment and confirming your digital currency wallet address. Coinmama sends the virtual coins right away after it confirms both of your wallet address and payment.