The site is available for almost everyone, serving 226 countries and the majority of U.S. states. Coinmama has created a help center filled with articles covering how to buy and sell, account security, and the verification process to assist its users with everyday issues. Furthermore, Coinmama offers a live chatbot to help users with basic requests. However, users can contact the Coinmama team for less common queries via email. For our Coinmama review, we tested the support team’s response time and received an email back in less than an hour, which was impressive. The trade experience on Coinmama is user-friendly and intuitive.
Conor was super fast in responding, very polite and gave me excellent service and response to the question that I needed answered. As always Coinmama support staff are the best above all the rest. Regardless of your choice, understand that investing in cryptocurrencies like bitcoin is highly speculative and known for its volatility. It’s wise to never invest any more than you can afford to lose. Coinmama’s app is available on Android only, but has received fairly good reviews.
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Changelly’s fees for credit card purchases will depend on which payment processor you choose to complete your order. Play around with different payment processors in the order screen, and also swap different cryptos. The fee charged by Coinnmama for buying and selling crypto is far higher than most other crypto https://www.tokenexus.com/ exchanges. Furthermore, the additional spread and express fees reduce the value offered by Coinmama even further. While the exchange does provide a convenient way to purchase crypto, those looking for a cost-effective exchange will be better off using a platform like Binance, Crypto.com, or eToro.
You will then be required to upload a valid government ID for different levels of access and purchasing limits. Hedge With Crypto is an independent publisher that provides objective and free content. However, our editorial content remains unbiased, reflecting our own opinions or the general information available. For more information on our company policies, read the Affiliate Disclosure, Privacy Policy, and Terms & Conditions. Coinmama users can log in to their online portal or use the Coinmama app, which is available for Android.
The Trustpilot Experience
Coinmama is one of the few exchanges supported almost worldwide. The platform is available in over 188 countries around the globe. Users from accepted countries, including Australia, Singapore, Europe, the UK, Canada, New Zealand, and the US, can quickly and safely purchase cryptocurrency using Coinmama. However, there are a few restricted states and territories within the US, including New York and Hawaii. Hedge with Crypto aims to publish information that is factual and accurate as of the date of publication.
- Opinions shared by CoinSutra writers are their personal views only and should not be relied upon for financial choices.
- Furthermore, as a direct purchasing platform, there are no additional trading pairs available and therefore can only spot trade.
- To protect both parties from this, Coinmama “locks” the Bitcoin price for you as soon as you submit your order.
- Because the issue that I had with an order that I made wrong and then I cancelled was solved promptly today.
- We encourage you to seek financial advice from an independent financial advisor where appropriate and make your own enquiries.
View our picks for best bitcoin and cryptocurrency exchanges. The investing information provided on this page is for educational purposes only. NerdWallet, Inc. Coinmama Review does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.