Despite this, Coinmama receives positive feedback from users overall, and its simplicity may make it an attractive option for newer crypto investors. Coinmama supports several payment methods, including credit or debit cards, bank transfers, Apple Pay, and Google Pay. Coinmama is an established, straightforward cryptocurrency exchange. It supports a small number of digital assets and doesn’t offer a dedicated crypto wallet. Those looking for a crypto exchange with lots of tools and products may want to look elsewhere.
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- The information in our reviews could be different from what you find when visiting a financial institution, service provider or a specific product’s website.
- Coinmama offers reduced fees to buy and sell through its loyalty program.
- Several users have positive things to say about Coinmama’s customer service.
- We are committed to providing our readers with unbiased reviews of the top cryptocurrency exchanges for investors of all levels.
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How CoinMama Compares to Other Cryptocurrency Companies
However, experienced investors will need to use a cryptocurrency trading platform to use advanced trading features and risk management tools. The interface is designed for beginners to easily, quickly, and securely purchase cryptocurrency that resembles Paybis, a similar fiat-to-crypto exchange we have reviewed. There is no price chart to view historical or live prices or advanced order types such as limit or stop-limit.
Those are lifetime account limits, so if you reach the limit for a level, you need to apply for the next one. After the first level, each subsequent level has a spending prerequisite before you can apply. We use dedicated people and clever technology to safeguard our platform.
Coinmama VIP Service
The basic transaction fee for bitcoin is based on the TradeBlock Bitcoin Price Index (XBX), which offers an average market rate based on known market providers. Coinmama’s market rate for bitcoin is XBX + 2%, so that’s the price you pay for the crypto. https://www.tokenexus.com/coinmama-review/ Coinmama offers ether and bitcoin calculators so you can plan your potential purchases, but keep in mind the calculator doesn’t include Coinmama fees. To use your card, you will have to pay an extra 5% fee on top of the rate that Coinmama charge.