7. COINMAMA

 

 

Coinmama is well known crypto exchange for buying cryptocurrency (not for trading). 

Over 1 600 000 people from over 190 countries already used Coinmama for making cryptocurrency investments. You can buy crypto with credit card, debit card or directly from bank account.  Coinmama accept only these methods, that means you can not buy it with other cryptocurrency. 

Honestly, the hardest part (not really that hard though) is to pass the KYC process, but as Coinmama operates also in the US, they have to require it by the law.

After that, it’s very easy to buy Bitcoin and altcoins using just a credit card. You won’t have to go through complicated order types, you will not have any order filling issues and basically, after you go through the registration process, buying Bitcoin is as easy as a few clicks.

 

The Benefits of Coinmama:

  • Buy Bitcoin instantly. When paying by credit or debit card or with Online Banking, receive your coins in about ten minutes.

  • High spending limits. Buy with your bank account for up to 30,000 USD at a time.

  • Sell Bitcoin. Users in select markets can now sell Bitcoin—even if it was purchased through a different exchange.

  • The safe way to buy Bitcoin. Coinmama never holds customer funds or stores your payment information. Use the third-party wallet of your choice for complete control over your coins. You must have a wallet address before making a purchase.

  • Outstanding support. 

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Established:                 2013

Official website:           https://www.coinmama.com 

Security:                       very high

Reputation:                   very high

Cryptos to buy:             Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), Cardano (ADA), Qtum (QTM), 

                                       Ethereum Classis (ETC)

Wire deposits:              YES

Credit / debit card:      YES 

Fees:                              Credit card purchases 5% processing fee, SEPA transfers 0% fee, SWIFT transfers over 10 000 USD 0% fee

Minimum purchase:    60 USD (or EUR equivalent)

Withdrawals:                in supported cryptocurrencies (after you buy crypto, they will be transferred to your personal wallet)

Margin trading:            NO

Mobile app:                   NO

KYC:                               required 

Customer support:      very good

US customers:             YES

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If you are looking to easily buy Bitcoin and altcoins, this is a good choice, especially because it’s available in so many locations, including the United States. But this ease of use comes with a downside: they do not offer a trading platform, with charts, order book, and technical indicators.

 

Anyhow, if you want to SIMPLE buy crypto from all around the world, also using credit card or wire transfer, Coinmama is just the perfect solution. 

https://www.coinmama.com

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