Coinmama Review: A Scam or the Easiest Way to Buy Bitcoins?
4 stars based on
60 reviews
For the coinmama verification letter time, it was very difficult to buy Bitcoin using credit cards. Coinmama has managed to solve that problem. It is a Bitcoin broker that lets users instantly purchase Bitcoin using their credit cards. Part of the credit coinmama verification letter goes to companies like Simplex that have allowed exchanges and brokers coinmama verification letter verify users with less coinmama verification letter and thus allowing the acceptance of credit cards.
It is a great platform for people who are just starting out with Bitcoin and want to see how it works. Coinmama is currently operational countries worldwide — widest range of countries among the exchanges that accept credit cards. It also supports some US states:. US residents living abroad may use the exchange given that coinmama verification letter have proof of residence of another country.
Coinmama accepts Visa and Mastercard credit and debit cards. It also allows customers to buy with Western Union. This is due to the expensive measures companies have to deploy in order to avoid fraud and chargebacks. Initial verification on Coinmama usually takes 10 minutes. After initial verification, all purchases will have bitcoins delivered instantly. However, level 2 and 3 verification may take up to six coinmama verification letter.
On top of the ID uploaded for level 1, you need to submit a secondary ID. Requires filling a short form. Giving out your credit card information to Coinmama is totally secured.
Since the exchange operates on an HTTPS certificate, none of your information is saved at CoinMama, therefore a leak cannot affect you in any way. Support coinmama verification letter available via email. Their FAQ page is a great start to understand how the exchange works. Coinmama provides quality service for those who want to buy Bitcoins instantly coinmama verification letter their credit card without compromising the user privacy.
The only downfall is its high fees. The exchange provides quick customer service and no hassle during the registration or verification process. Unfortunately, their service is not currently offered in all the U.
At this time Coinmama does not allow customers to sell Bitcoins on its platform. Coinmama Countries Supported Coinmama is currently operational countries worldwide — widest range of countries among the exchanges that accept credit cards.
It also supports some US states: Coinmama Verification Initial verification on Coinmama usually takes 10 minutes. A utility bill paper bill or internet bills are not accepted, save for bank statements A selfie of you holding your ID Level 3 — no limit Requires filling a short form.
Security Giving out your credit card information to Coinmama is totally secured. Customer Support Support is available via email. Coinmama Conclusion Coinmama provides quality service for those who want to buy Bitcoins instantly using their credit card coinmama verification letter compromising the user privacy.
