Coinmama Review and Best Alternatives


Beginners may benefit from choosing a basic wallet, whereas experienced bitcoin users will probably need a wallet with additional features to maximise their investments. The wallet uses graphs to showcase how well your bitcoin is performing, making it a popular option for those who are investing heavily. The wallet that is available through the app can store up to 100 cryptocurrencies and is completely user-managed, so each app user has complete control of all keys. Gemini customers also have access to world-class customer support if they need help with any part of their cryptocurrency transaction and storage. New traders will like the transparent pricing – there are no commission or account fees, and no withdrawal or deposit costs, but the trading fees are built into the spread. Uphold will present a complete price for each trade that includes fees, so you will know exactly what the trade will cost.

How much does Coinmama charge per transaction?

Our commission fees range from 0.99% to 3.90% depending on your Loyalty Level. In line with industry standards, Coinmama also includes a spread that offsets the volatility inherent in a currency that is not controlled by a central bank, and therefore does not have a market rate.

Recently, ApplePay has been added to supported banking options too. The platform is easy to navigate, and it offers quick access to crypto with transactions occurring immediately. You will need your own e-wallet, as the app doesn’t hold your cryptocurrency. Thankfully, their support center can walk you through a few wallet options.


Coinmama accepts payments with credit and debit cards, with a hefty fee of 5% or at least $10, or in cash paid through Western Union. It says they will be converted into USD or EUR and we suspect there may be some hidden fee in the conversion rates, too.

  • Each has its advantages so we always recommend undertaking your own research before you decide which is the best bitcoin wallet for you.
  • It is designed to be used with multi-currencies and can be managed easily on your desktop as well as integrating with many mobile apps.
  • Bank transfers made via Faster Payments should be processed quickly, but bank transfers can take between 1-3 business days (depending on which one you’re using).
  • With Coinmama, you can instantly buy crypto and acquire the coins directly into your wallet.
  • Other users have alleged that Coinmama steals personal information and uses it for fraudulent activities.
  • Finder, or the author, may have holdings in the cryptocurrencies discussed.
  • Our publications provide information and education for investors who can make their investment decisions without advice.

All products and services featured are independently selected by WikiJob. When you register or purchase through links on this page, we may earn a commission. Just add the products you want to your basket and click the “Checkout” button in your basket.

Moreover, Coinmama for desktop is backed by a helpful support team and plenty of trading guides. Coinbase 7,425 Asking for 6,087 ClaimedeToro 16,774 Asking for reviewsSuggested companies are based on people’s browsing tendencies. Please be extremely careful when transacting online or giving out personal information.

Coinmama offers a locked crypto rate service that solves the problem of price volatility. This mitigates the risk of buying volatile cryptocurrencies. The first step is finding a trusted brokerage that lets you purchase crypto with a credit or debit card and even a bank transfer. Coinmama supports Visa and Mastercard credit or debit cards via the Simplex payment system. If you are paying by cash, you must use Western Union.

Coinmama Awards & Accolades

Many YouTube, Reddit, and Wikipedia contributors have also answered inquiries about the verification process and fees. The only promotion offered is through the loyalty program. When you reach the Enthusiast level, you can save 12.5% on fees, and 25% at the Believer level.


Trading has been attracting a lot of people during the last several years. But doesn’t trading require lots of knowledge and studying? Yes, Once you’ve created and verified your account on Coinmama, you can start placing orders and trading seamlessly.

What is Coinmama

This feature allows users to make crypto purchases in a convenient manner, contrary to other crypto exchanges’ policies that do not support card payments. coinmama review is an online platform for buying and selling cryptocurrency for fiat currency. They allow users to exchange fiat currency like dollars or euros for cryptocurrency. They currently offer 10 different digital currencies to over 190 countries. Coinmama is a global online marketplace designed to make it as straightforward as possible to buy digital currency. Founded in 2013, it’s helped more than 1 million people in 188 countries buy crypto coins and tokens using fiat currency.

The value of investments can fall as well as rise and you may get back less than you invested. This content shouldn’t be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks.

Supported Cryptocurrencies. Business allows making purchases of $100,000 or more at a time if the company completes an application process and provides all the necessary details. The platform doesn’t hold your cryptocurrency funds and doesn’t store payment information.

  • Please don’t interpret the order in which products appear on our Site as any endorsement or recommendation from us.
  • They offer many purchase options, among them Visa or MasterCard debit/credit cards as well as Apple Pay.
  • To purchase Coinmama’s offerings, customers may use a credit or debit card as well as Apple Pay — this makes it popular among beginning traders.
  • It doesn’t bombard you with complicated-looking charts or statistics, which can overwhelm new buyers.
  • Coinmama verification is fast — you could see approval in as little as 10 minutes for a Level 1 account.
  • It’s then just a matter of choosing which cryptocurrency you’d like to buy, completing payment and confirming your wallet address.
  • Coinbase 7,425 Asking for 6,087 ClaimedeToro 16,774 Asking for reviewsSuggested companies are based on people’s browsing tendencies.

Author: Romain Dillet

Be the first to comment

Leave a Reply

Your email address will not be published.