Yay or nay?

Discover what the internet is saying about Coinmama.

Upgraded Reviews scanned the web to find out what real users are saying about Coinmama.

See the highlights below and decide for yourself!

Pros and Cons

Table of contents

✅ Pros

Coinmama integrates Simplex in its system.
Review Pros
It has easy and user-friendly interface.
Coinmama has never been hacked.
Customer support is available via emai.
It suitable for beginners.
Coinmama does offer users a number of advantages.
They provide supports to their clients.
The process is usually simpler and faste.
No fraudulent activity has been reported.
Coinmama is registered with FINCEN in US.
Coinmama’s brokerage service allows you to buy Bitcoin and other cryptocurrencies easily.
They have been around for many years now and their service is one of the best.
You can click on Buy Ethereum or Buy Bitcoin.
Their services are provided in most countries.
They offers a high daily buying limit of $50,000 for new signups.
They have fast and responsive customer service.
The site uses high-level encryption.
There have credit and debit cards acceptance.
Coinmama has a complete help center and also a dedicated support channel via email.
It delivers within minutes after an order is placed, allowing users to make the most of advantageous price movements.
Coinmama customers can invest in Bitcoin via Visa.
It is easy to review all your order.
You can buy fractions of a bitcoin.
Coinmama stores your personal data on secured servers.
Coinmama’s registration process is quite straightforward.
There is no verification required.
They accept credit card and cash.
Coinmama accepts Visa and Mastercard credit and debit cards.
They accept Credit Cards to purchase your Bitcoins.
Coinmama is one of the top rated cryptocurrency exchanges.
Coinmama presents its services for all the countries where Bitcoin is legal.
You can buy direct from the site .
Coinmama is a good option to buy BTC, ETH, LTC, BCH, ETC, XRP, QTUM, or ADA.
You can use your debit or credit card to buy cryptocurrency.
They do not hold or save credit card information.
Coinmama are in fact registered with FINCEN in the U.S.
It is beginner friendly.
Their transaction times are very fast.
It is very reputable broker.
There are many such crypto exchanges.
It sells bitcoin and ethereum.
Coinmama accepts credit & debit cards from all countries around the world (over 180 nation states).
Coinmama has an SSL certificate.
Coinmama has a strong reputation within the cryptocurrency community as a safe.
They holds no user funds but sells from its holdings.
Coinmama is one of the oldest Bitcoin brokers in business.
Coinmama interface is pretty sleek and minimalistic.
Coinmama supports a lot of countries.
Coinmama accepts credit or debit cards that is issued by Visa or Mastercard.
They have high limits for buying bitcoins with a credit/debit card.
It effectively forces users to set up a secure digital wallet.
It is easy to use.
There is acceptance of western union.
They offers live pricing in US dollars and euros.
The fees are now lower.
Coinmama make the buying process really simple.
Coinmama supports a wide range of countries.
They have multi-language site.
hey have a brilliant customer care system.
They give great support.
Coinmama is a reliable company that has experience behind the brand.
Its service available in many countries.
The company has made ongoing efforts to reduce their fees.
It is safe as the platform follows rules and regulations.

❌ Cons

They have poor privacy.
Coinmama allows its users buying less than $150 worth of Bitcoins only.
Coinmama doesn’t have any wallet implemented.
They have very expensive exchange rates.
It supports only a few currencies.
Coinmama remains a relatively small exchange in the cryptocurrency ecosystem.
They doesn’t accept bank wire and SEPA payments.
Coinmama’s limit is therefore multiple times the limit of leading exchanges like Blockchain.info or Cex.
There is no option to sell or trade coins.
There is no smartphone app.
They charge 5% fee on credit.
Coinmama charges a 5.5% fee per transaction.
They does not does not accept PayPal, American Express or Discover.
Coinmama offers high buying limits.
There is no mobile app.
The minimum amount of Bitcoins you can buy is $60.
Coinmama is a buyer-only platform.
You can only buy, not sell.
There is no support for cryptocurrency trading.
There is high fees for buying with a credit/debit card.
Their fee is high.
They supports only bitcoin.
Coinmama doesn’t have 24*7 support.

Final Say

Read the summaries of what reviewers think about Coinmama below.

Review Summaries
Coinmama is a solid platform to buy your bitcoin or Ethereum with a credit card. However, you can’t sell your bitcoin through the site, and its fees quickly add up.
Coinmama’s registration process is quite straightforward. Coinmama is a venture of NBV International that is registered in Slovakia but currently operates from Israel. It is digital financial service company operating in the cryptosphere ever.
Coinmama offers some advantages, including purchases with Credit Card or Western Union, direct transfer of coins from company’s own inventory and safe and transparent environment.
Coinmama does not have a mobile application but all its services are accessible through mobile browser. The exchange is yet to release an API for users to create custom applications that are compatible with the platform.
Coinmama’s brokerage service allows you to buy Bitcoin and other cryptocurrencies easily. The company recently started focusing on customer experience and customer service so that transactions are super quick.
Coinmama charges a 5.5% fee per transaction, which can add up quickly if you begin investing in Bitcoin while using Coinmama. They will also charge a 5% fee for using a credit or debit card, per transaction.
Coinmama is a good exchange to buy cryptocurrencies on the whole because it operates in almost all the countries of the world. The exchange is worth using because of buying facility with credit/debit cards and also payment acceptance in many fiat currencies.
Coinmama is a bitcoin broker that specializes in selling Bitcoins for credit card to nearly anyone in the world. This website also allowed you to buy Bitcoins with Western Union. it is no longer working with Western Union and it now offers direct sales of Bitcoin. Coinmama offers the service worldwide.
Coinmama is a cryptocurrency broker exchange that is located in Israel. Originally created in 2013, the website explains that they offer a fast, safe and fun way to buy digital currency from anywhere in the world.
Coinmama is the perfect site for users who are new to Cryptocurrencies as they offer an easy and quick way to buy your Bitcoins and Ethereum with a credit card.Coinmamas fees are higher than average and this is because they personally do all of the trading. This means you do not buy from other users as you do on most exchanges.
Coinmama is probably the simplest way to purchase Bitcoins using a credit card. A verification process isn’t hard one and you get decent monthly limits. Also, funds go to the wallet directly.
Coinmama is that it effectively forces users to set up a secure digital wallet. Coinmama only supports Bitcoin and Ether, and although the developers have stated that they wish to add more cryptocurrencies in the future. The platform is limited to Buy Orders only.
Coinmama supports the widest range of countries. It supports most countries worldwide besides obviously sanctioned countries. It also supports some US states:
Coinmama is definitely a secure and safe brokerage platform from which to buy cryptocurrencies; however, it has its own set of limitations. The good part is that the limitations are not excessively intrusive to the buyer and they do not impede the growth of the platform.

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