Coinmama Reviews

Here are the top 10 alternatives to Coinmama:

1. Gate.io: A cryptocurrency exchange with cold wallet storage.
2. Zengo Wallet: A crypto wallet for everyone, offering bulletproof security and 24/7 customer support.
3. Binance: A global cryptocurrency exchange that offers trading of hundreds of different cryptocurrencies.
4. Coinbase Exchange: A digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin.
5. Uphold: A platform to buy, hold, convert, and transact across 30+ traditional currencies, 4 precious metals, and 50+ digital currencies.
6. Primexbt: A Bitcoin-based platform, offering leveraged trading on several digital assets including Bitcoin, Ethereum, Litecoin, and Ripple.
7. OKX: A world-leading cryptocurrency spot and derivatives exchange that offers some of the most diverse and sophisticated products.
8. Coindcx: India's largest and safest cryptocurrency exchange where you can buy and sell Bitcoin and other cryptocurrencies with ease.
9. IC Markets: One of the world’s largest forex brokers that offers CFDs across Indices, Commodities, Stocks, and Bonds.
10. Roboforex: An international broker that offers 8 asset types and more than 12,000 instruments for trading.

These platforms offer a variety of features and benefits, making them viable alternatives to Coinmama. It's important to research each platform to understand their specific offerings and how they align with individual needs and preferences. Remember, the choice of platform should be based on personal requirements such as security, ease of use, fees, and the types of cryptocurrencies supported.

To open an account on Coinmama, follow these steps:

1. Go to coinmama.com.
2. Enter your email address and confirm it with a one-time-password.
3. If required to go through verification, you will receive a link to a verification tool called SumSub.
4. Select the country and ID type.
5. Take a picture of your ID and upload it to the boxes prompted. You can also choose to proceed with the verification process on your smartphone for your convenience.
6. Allow the app to access your camera and pass the Presence Check.
7. Submit your personal information.
8. You might need to pass additional video verification if prompted so.

After that, you will be able to place your first order. The verification process takes up to 30 minutes on average. In times of high traffic, it may take longer for your account to be verified. If you get stuck, submit a support request, and one of their Happiness Heroes will get back to you right away. Remember, making cryptocurrencies easily accessible without compromising safety is one of the top priorities at Coinmama. They cannot compromise their high standard of security. This process helps keep customers safe, fight fraud on the blockchain, and allows them to comply with local regulations. Verification is something any legitimate cryptocurrency vendor or exchange will require from its users before they let them purchase BTC online. Coinmama is no different. They ask for your identification and also for a photo of yourself holding that ID as an extra measure of protection for you. If someone has stolen your ID, they won’t be able to open an account without also providing a selfie photograph showing that they match the ID. This protects you from identity theft and prevents someone else from impersonating you. So, get started with Coinmama today!

Coinmama is a cryptocurrency exchange known for its variety of payment options and nearly a decade of experience in the field. However, it's important to note that its fees are higher than some other providers. Coinmama charges a rate that’s based on the market rate plus 2%, and there is a commission fee of up to 3.9% on crypto purchases and up to 0.99% to sell bitcoin. Coinmama also offers reduced fees through its loyalty program. The fees can range from 0.9% to 3.90%, plus a 2% spread. These relatively high fees can reduce the value offered by Coinmama compared to other exchanges that typically charge transaction fees equal to around 0.1% to 0.3% of a trade. Therefore, unless you have a specific reason to use Coinmama, you may find better value in an exchange with lower fees.

Coinmama cannot provide services to the residents of the following countries: New York (US State), Hawaii (US State), Louisiana (US State), Abkhazia, Afghanistan, Belarus, Central African Republic, Crimea, Cuba, Democratic Republic of the Congo, Ethiopia, Iran, Iraq, Lebanon, Libya, Mali, Myanmar, Nicaragua, North Korea, Northern Cyprus, Palestine, Russia, Sahrawi Arab Democratic Republic, Somalia, South Ossetia, South Sudan, Sudan, Syria, Venezuela, Luhansk and Donetsk (regions in Ukraine), Yemen, Zimbabwe, Israel, Japan, and Nigeria. Please note that this information might change over time as Coinmama is always working to serve new locations.

Coinmama's Loyalty Program is a three-tiered program designed to reward users with lower fees based on their purchase activity. The program is automatic, meaning you are enrolled as soon as you sign up for a Coinmama account and get verified for purchase. The three levels of the program are:

1. Crypto Curious: This is the entry level for new Coinmama users. There are no specific benefits at this level, but you are part of the Coinmama community and can start buying and selling cryptocurrency.

2. Crypto Enthusiast: At this level, you can save 12.5% on Coinmama fees. To maintain your Enthusiast status, you need to have a cumulative purchase amount of 5,000 USD over a rolling 90-day period.

3. Crypto Believer: At the highest level, you can save 25% on Coinmama fees. To be eligible for this level, you must have been purchasing with Coinmama for at least 30 days. Maintaining your Believer status requires a cumulative purchase amount of 18,000 USD over a rolling 90-day period, or a lifetime purchase amount above 50,000 USD.

Your savings appear in the form of a crypto bonus when you check out. This program is Coinmama's way of saying thank you for being a part of their family.

Coinmama offers a variety of cryptocurrencies for purchase. These include Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP), Litecoin (LTC), Qtum (QTUM), Cardano (ADA), Ethereum Classic (ETC), Dogecoin (DOGE), Uniswap (UNI), Aave (AAVE), Chainlink (LINK), Compound (COMP), EOS, OMG Network (OMG), Wrapped Bitcoin (WBTC), Loopring (LRC), and Numeraire (NMR). Please note that the availability of these cryptocurrencies may vary, and it's always a good idea to check the latest offerings on the Coinmama platform.

Coinmama is a cryptocurrency platform that offers a variety of services. It allows users to buy and sell crypto assets with an intuitive and user-friendly interface. The platform supports a range of digital assets and provides related market education. Coinmama is known for its variety of payment options, including the ability to purchase cryptocurrencies with Visa or Mastercard credit cards, and even Apple Pay for crypto purchases. However, it does not offer a dedicated crypto wallet, which might be a drawback for some users. Coinmama's fees are noticeably higher compared to other platforms offering similar services. Despite this, it has nearly a decade of experience providing transactions in the cryptocurrency space. It's worth noting that all cryptocurrencies sold are from Coinmama’s own inventory, so the transaction is between users and the company. Coinmama was acquired by Wellfield Technologies in March 2022.

Coinmama is a global platform that is available in over 190 countries worldwide. However, there are a few exceptions where Coinmama cannot provide its services. These restricted areas include certain US states (New York, Hawaii, Louisiana) and countries such as Afghanistan, Belarus, Iran, Iraq, North Korea, Syria, Venezuela, and others. Please note that this information might change over time as Coinmama is always working to serve new locations.

You can buy more than 100 different cryptocurrencies on Coinmama. Some of the cryptocurrencies available include Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP), Litecoin (LTC), Qtum (QTUM), Cardano (ADA), Ethereum Classic (ETC), Dogecoin (DOGE), Uniswap (UNI), Aave (AAVE), Chainlink (LINK), Compound (COMP), EOS, OMG Network (OMG), Wrapped Bitcoin (WBTC), Loopring (LRC), and Numeraire (NMR). Please note that this is not an exhaustive list and the availability of cryptocurrencies may vary.

Coinmama.com is a leading cryptocurrency exchange platform where you can buy, sell, swap, stake, and trade cryptocurrencies. It's known for its friendly and secure service, serving over 190 countries worldwide. The platform offers fast execution of transactions with multiple funding methods and competitive fees. You can start with as little as $50 and pay with credit card, debit card, or bank transfer. Coinmama doesn't store your credit/debit card details at any time. It's also publicly traded on TSXV: WFLD. Coinmama is trusted by over 3.5 million happy customers and is rated excellent on Trustpilot. It supports multiple cryptocurrencies and a wide range of fiat currencies including USD, EUR, AED, AUD, AZN, BDT, BRL, CAD, CHF, CLP, COP, CRC, CZK, DKK, DOP, DZD, EGP, GEL, HKD, HUF, IDR, ILS, INR, JPY, KES, KRW, KWD, MAD, MXN, MYR, NGN, NOK, PEN, PHP, PLN, RON, SAR, SEK, SGD, THB, TND, TRY, UAH, USD, VND, XAF, ZAR. The platform also provides 24/7 personal support for its users.

You can contact the customer service at Coinmama.com through the following ways: - Email: You can reach out to them at support@coinmama.com for general support inquiries. For media requests, you can also use this email address. - Support Request: You can submit a support request on their website. Please note that email responses might take a bit more time than usual due to heavy load. - Marketing Inquiries: For marketing inquiries, you can contact New Bit Ventures LTD at marketing@coinmama.com. Please note that Coinmama does not offer live chat or phone-based customer support. Instead, you will need to consult the FAQ or contact Coinmama via email, which may take several days to receive a reply.