So, the trader does not have to worry about paying hefty sums as transaction fees while buying more significant amounts via SEPA through Coinmama. Coinmama uses an encrypted website and payment transactions are also encrypted. In short, Coinmama is a secure website https://www.tokenexus.com/ and you can feel confident in using it.However, cryptocurrency exchanges are prime targets for hacking attempts and Coinmama is no exception. On February 15, 2019, Coinmama was hacked as part of a larger hacking operation that targeted various industries.

I had a problem with my wallet

The amount of cryptocurrency that a user may purchase is dependent on the level of verification that they have reached with the platform. The more documentation that the user provides, the more currency that they are entitled to purchase. It currently displays pricing in USD and EUR with additional currencies to be added soon. However, it accepts orders in all currencies, while noting that exchange fees may be applicable to customers that are purchasing in fiat currencies other than USD or EUR. This allows users to be able to take advantage of advantageous price movements. Selling digital currency with Coinmama is currently available to customers in Europe that are part of SEPA.

User Interface and Experience

• We don’t include all products or offers out there, but we hope what you see will give you some great options.
• Follow the instructions to enter your payment details or to initiate a bank transfer from your account.
• We update our data regularly, but information can change between updates.
• Yes, Coinmama is a safe and legit place to buy bitcoins and other offered coins like ETH, ADA, XRP, LTC, and QTUM.
• Users who make $5,000 in purchases over 90 days get their sales fee reduced by 12.5%; users who purchase $18,000 over 90 days or a lifetime purchase amount above $50,000 get 25% off their sales fee.
• All transactions will be processed by New Bit Ventures and Coinmama will use a  3D Secure authentication for credit card transactions.
• When dealing with financial transactions online, it’s important to use a site that is safe and secure.

While some customers have complained about this verification process, it is an important part of Coinmama’s broader commitment to security. It’s also standard practice for any exchange that complies with Anti-Money Laundering laws. When you buy, your coins are transferred to your wallet within the hour.

Binance Review 2024: Top Features, Fees, and Pros Cons

Coinmama was founded in 2013 with the mission of simplifying the way people buy Bitcoin (BTC). Since then, we have served more than 3,400,000 users in 190 countries. Today, Coinmama users can purchase Bitcoin and Ethereum Coinmama Review using a credit card, debit card, or wire transfer from their bank account.Bitcoin can also be sold in select markets. Coinmama believes that the future of money lies in giving us, the people, control of our own economy.

Availability – What countries does Coinmama support?

• Rather than earning money with Coinmama, you are buying cryptocurrencies from the exchange and hoping that they increase in value.
• Besides, it will not store any of your card details in its system.
• This website is a strong advocate of promoting that individuals do not leave their cryptocurrency on an exchange, due to the fact that such exchanges are prominent targets of hackers.
• You create an order, choose how many bitcoin or other coins you want to buy and then proceed to the checkout page, where you enter your credit card details.
• However, some personal information is kept on record as part of the ID verification process.
• If you click on links we provide, we may receive compensation.