Beginner’s Guide to Coinmama: Complete Review

5 stars based on 49 reviews

For the longest time, it was coinmama verification duration 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 also goes to companies like Simplex that have allowed exchanges and brokers to verify users with less risk 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 coinmama verification duration. US residents living abroad may use the exchange given that they 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. Coinmama verification duration initial verification, all purchases will have bitcoins delivered instantly. However, level 2 and 3 verification may take up to six hours. On top of the ID uploaded for level 1, coinmama verification duration 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 is available coinmama verification duration 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 using 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 coinmama verification duration 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 coinmama verification duration cards.

It also supports some US states: Coinmama Verification Initial verification on Coinmama usually takes 10 minutes. A utility bill paper coinmama verification duration 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 without compromising the user privacy.

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Personally, I have been using KuCoin since last quarter of 2017 and they are getting popular day by day.