Coinmama ABOUT:
Coinmama was established in 2013 in Israel and has since grown to serve over 1m customers in over 180 countries with over 30 employees.
Today the company is registered in Slovakia while still owned and headquartered by New Bit Ventures in Israel. They specialize in selling bitcoins for the credit card to nearly anyone in the world.
It is a leading cryptocurrency brokerage company that allows you to buy several types of cryptocurrencies with your credit card. It accepts credit or debit cards, Visa or Mastercard.
The company has recently started accepting SEPA payments as well, with 0% processing fees. One of the most attractive features of this crypto exchange that differentiates it from other exchanges is its worldwide operations.
The exchange is operating in almost all the 200+ countries of the world including 24 American States.
Official website: https://www.coinmama.com/
PLATFORM:
Coinmama does not offer a trading platform. Instead, what they offer is a simple interface where clients can choose a predetermined cryptocurrency amount. And carry out other basic functions such as calculating prices.
The very first and the foremost advantage of using Coinmama is that unlike many other exchanges, it offers the users to buy cryptocurrency in exchange for fiat money.
Another very attractive feature of Coinmama crypto exchange is that it has an easy and user-friendly interface.
Even the beginners can easily purchase and trade cryptocurrencies through its platform.
Coinmama’s buying process is also very simple and easy.
The users can buy cryptocurrency of their choice. Of course, after registering and verifying their account. The website should always be regulated by governmental bodies to save your funds.
Coinmama is registered with FINCEN in the US. That shows that there is no danger of its being hacked by the hackers. Even if it happens, the investigation process of the exchange follows the US laws.
It always keeps your credit/debit card numbers on a different server.
FREE DEMO ACCOUNT:
Coinmama doesn’t have free demo account but registration is very smooth and easy. And safe.
WITHDRAWAL: Everyone who wishes to purchase Bitcoin or Ethereum via Coinmama can do so through the following methods:
Credit/debit cards: You can make payments on Coinmama using MasterCard or VISA cards. Their Simplex payment processor supports VISA/MasterCard Payments.
Cash: You can buy cryptocurrency from Coinmama via Western Union transfer.
You will need a few seconds to process the order. After the payment approval, and your confirmation of wallet, they usually send the coins within 10 minutes. You’ll be able to see them as soon as the Blockchain confirms the transaction. This may take another 10 minutes.
You cannot link your bank account to the Coinmama exchange platform.
CUSTOMER SUPPORT:
Coinmama is a preferred website of many users. Because the exchange offers help and support for the users in case of any problem.
As the exchange operates only through the website, the users have support through this platform.
The live chat is available.
Coinmama’s “Happiness Heroes” or customer support team, are extremely helpful and easy to reach. Their team is active 24/7 and is open to help out with anything you may need.
Support requests are usually answered within 24 hours.
They said about Coinmama
* Great and friendly support. They solved my problem in a short time interval. I’m happy to work with coinmama.
* Very happy with their service. Unfortunately, they couldn’t receive funds from my cc, but a bank transfer went through fast and I have zero complaints!
* Was a bit weary at first after reading some reviews but this site is actually pretty good. Verification was quick and painless took about 12 hrs. Have had 2 successful purchases so far. The first one was completed in half hour and the second took longer a couple hours. So far very pleased good alternative to Coinbase.