There is a minimum fee of 0.90%, but this figure can be as high as 3.90%, depending on the user’s loyalty level. This is a personal choice and there are many factors to consider. Bitcoin is the olderst cryptocurrency with the biggest market cap and is a popular choice with first-time investors. While Bitcoin is generally considered less risky than other ‘altcoins’, Coinmama has a broad range of top digital assets to choose from. The platform has a limited range of cryptocurrencies, all established, well-known tokens.

• Cryptocurrencies are traded via online wallets, which are used to store, send, and receive digital currency.
• Coinmama makes it super simple to buy crypto with a credit card.
• This guide splits the Coinmama purchase flow into fourteen clear steps, covering sign‑up, verification, payment, and wallet delivery.
• Nimrod Gruber, Iian Schuster and Laurence Newman founded Coinmama in 2013.
• While the platform supports USD, EUR, GBP, CAD, and AUD, users wishing to transact in another currency will need to look elsewhere.
• You might consider a hot wallet (online) or a cold wallet (an offline hardware wallet), which is regarded as “safer” than an online wallet.

Coinmama Review – Verification Walkthrough

It’s easy to register an account with Coinmama by entering your email, password and other details required (see below image), and clicking ‘Create Account’. Coinmama is available in 200 countries and has over 3 million users. Only a few countries and several territories are restricted, such as Hawaii and New York.

Coinmama is safe, because it never holds customer funds or stores payment information. You always have complete control of your digital and fiat funds. Coinmama Academy features more than forty short tutorials that cover topics like cold wallets, bank account details for SEPA transfers, and spotting phishing links. Live chat operates Monday through Friday from 09.00 to 18.00 Greenwich Mean Time plus limited Sunday hours.

The latest internal report notes an average wait of eight minutes, with eighty‑three percent of queries resolved during the first interaction. Outside chat hours users can open an email ticket or browse a searchable FAQ that answers common questions about payment methods, coinmama fees, and verification tiers. The Coinmama exchange has been active since 2013 and is one of the longest‑running cryptocurrency exchanges still serving retail buyers. This review gives you a fresh look at how the Coinmama platform works in July 2025.

Availability for Google Workspace Editions

This guide splits the Coinmama purchase flow into fourteen clear steps, covering sign‑up, verification, payment, and wallet delivery. Keep it nearby while buying crypto for a smooth first transaction experience. While the exchange does support the largest assets, including BTC, ETH, and LTC, the lack of smaller projects is far from ideal for anyone aiming to trade cryptocurrency.

Coinmama Review – FAQ

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High Fees on Sales

These platforms accept cards, support bank transfers, hold order books, and list hundreds of assets. Selling crypto back to fiat on Coinmama is limited to Bitcoin and Ethereum only and carries a desk spread that sticks close to five percent. The platform then passes through the blockchain miner charge, which on Bitcoin averaged 3.20 USD per transaction in June 2025. Payouts arrive via SEPA for euros or SWIFT for United States dollars, and bank handling fees can shave another 15 USD off the final receipt.

• Coinmama supports five payment rails that cover most day‑to‑day banking habits.
• Selling crypto back to fiat on Coinmama is limited to Bitcoin and Ethereum only and carries a desk spread that sticks close to five percent.
• Don’t invest unless you’re prepared to lose all the money you invest.
• The Coinmama exchange is one of the most well-respected names in the cryptocurrency industry and is now available in over 188 countries.

We encourage you to seek financial advice from an independent financial advisor where appropriate and make your own enquiries. You can use any payment method for purchases but cannot use bank transfer, debit or credit card, Google Pay, SEPA Instant or SWIFT for selling cryptocurrencies. The transaction fee you pay for buying and selling crypto on Coinmama depends on your loyalty level. Loyalty levels are based on your cumulative purchase amount in the previous 90 days. If you have just signed up to Coinmama, your loyalty level is Crypto Curious. Coinmama fits beginners who want to buy crypto quickly with household payment methods.

Before buying cryptocurrency on Coinmama, you will need a crypto wallet supporting the coin of your choice. If Coinmama doesn’t sound like it’s for you, have a read of the best crypto exchanges where I provide several top options for US residents. You are bound to find a crypto exchange suitable for your needs.

This action forms your first defence in keeping the new Coinmama account safe from brute‑force attacks and credential stuffing bots. For using the instant method, you have to be sure that your translations have been loaded and it is safe to use it, if not it will fail. Arrow is a Python library that provides a sensible, intelligent way of creating, manipulating, formatting and converting dates and times.

The initial sign-up process requires that a user enter an email and password. After that, however, customers have no choice but to complete know-your-customer (KYC) verification before being able to use the platform. Coinmama is a well-known fiat to crypto currency exchange that has become popular in the industry. While the platform has found itself in hot water for past security breaches, the Coinmama team has worked hard to improve its security. Headquartered and registered in Ireland, Coinmama is a beginner-friendly platform that enables users to buy and sell crypto without hassle. However, the platform’s lack of features and high fees could cause issues for some.

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Coinmama sends an activation link to your inbox within thirty seconds. If you do not see the e‑mail, search the spam folder or request a resend after sixty seconds. Activation locks in your username and allows you to enter the verification portal. Yes, services are offered in over 190 countries worldwide, excluding restricted areas. You can use the translate.stream and it will change the value according to the language changes. However, this is a synchronous method, so if the translation has not loaded yet, you ‘ll get the key, not the value.

Download & use Google Translate

Choose a payment option from the multiple choices available, such as Google Pay, Apple Pay, bank transfer, credit card etc. All Coinmama cryptocurrencies are established in the market, so choosing a supporting wallet for your crypto purchases is easy. You might consider a hot wallet (online) or a cold wallet (an offline hardware wallet), which is regarded as “safer” than an online wallet.

Coinmama Transaction Fees

We work hard to keep all prices, statistics, and other data complete and https://forex-review.net/coinmama-review/ up to date; however, real-time accuracy cannot be guaranteed. © BestCryptoExchanges.com – an independent crypto portal dedicated to making blockchain knowledge accessible to everyone.

Coinmama supports users with 24/7 access via email or telephone, which positions it well in the cryptocurrency space when compared to other exchanges. Some users lament that Coinmama doesn’t have a crypto wallet, but it’s easy to set up a wallet quickly. You either love or hate them, and there would be little point as your cryptos aren’t on the Coinmama system. They are in your crypto wallet, which you can probably download to your mobile. Once Coinmama confirms payment, your newly purchased tokens will be on the way to your secure crypto wallet and should usually arrive within minutes. Open the Coinmama website by typing coinmama dot com into your browser address bar.

Coinmama has targeted its platform to people that want a quick and simple way to buy and sell crypto, and I commend them on achieving that to a high standard. 1) Coinmama is very easy to use, perfect for beginners in the world of cryptocurrency. To buy cryptocurrency, simply click buy, select the coin you want to purchase, and the amount in fiat currency, and click Buy Now. There is no need to place an order on the market, or watch price fluctuations.