Das IC-Urteil
Coinmama is a long-running fiat-to-crypto buying platform built around credit/debit card purchases and Western Union transfers. It is not an exchange — you cannot trade against other users — but it is one of the oldest and most established broker-style on-ramps, with simple verification tiers and high purchase limits.
Die vollständige Analyse
Coinmama is a Bitcoin buying platform that has existed since 2013 and has built a solid reputation.
On this platform, you can buy or sell Bitcoins directly in Coinmama, but you can not trade them with other people, and the platform will not keep your funds. It would be best if you opened a wallet.
You can not exchange your Bitcoins against other currencies. For that, you will have to go through an exchange platform.
But despite this, Coinmama is an exciting platform for its ease and its outstanding reputation.
Means of payment
The platform allows the use of Visa or MasterCard credit or debit cards.
But you can also transfer your money through Western Union.
Minimum deposit
Coinmama can buy for less than 150 USD, and in this case, the verification is ultra-fast and ultra simple.
Beyond this sum, you will be asked for other means of verification.
Support
Coinmama supports most countries in the world.
She also supports several states in the United States:
- Arizona
- California
- Colorado
- Florida
- Illinois
- Indiana
- Kansas
- Kentucky
- Massachusetts
- Maryland
- Michigan
- Missouri
- Montana
- Nevada
- New Jersey
- New Mexico
- North Carolina
- Pennsylvania
- South Carolina
- Tennessee
- Texas
- Virginia
Support is either by chat or email.
Purchase limit
Coinmama offers purchase limits among the highest brokers accepting payment by credit card.
You can buy up to $ 2,000 BTC per day or up to $ 20,000 BTC per month.
Verifications
The simplest verification usually takes less than 10 minutes, and after that, the transactions are instantaneous.
There are several levels of verification, depending on the desired amount:
Level 0: for purchases under $ 150, just with your address and phone number.
Level 1: Allows you to buy up to 10 000 USD, and for that, you must present identity papers.
Level 2: For purchases up to $ 50,000, where it will be required to submit a utility bill, a bank statement, and a selfie of you holding your ID.
Level 3: for purchases up to $ 1 million, with recognition to a lawyer or notary.
Reputation
The reputation of Coinmama is well established. The platform is one of the oldest. It is regulated in almost all countries. It is a safe, and trustworthy platform.
Fresh
The fees are quite high and are 6%.
Security
Coinmama is a 100% secure platform. It keeps your personal data on a server with a very high level of encryption and authentication.
Like all broker platforms, Coinmama has advantages and disadvantages.
Advantages
Its speed and ease.
Simplified verification for small amounts.
His reputation.
It's many regulations.
It's very high limits.
Its ease of payment by credit card.
Disadvantages
Its support can be slow to give answers.
No phone support.
His support schedules are limited to Sunday to Thursday from 23:00 to 7:00.
Die komposite Bewertung
Der Gesamtscore erscheint hier, sobald das Redaktionsteam alle sechs Faktoren bewertet hat. Gemäß unserer Methodik veröffentlichen wir keinen Gesamtscore auf Basis unvollständiger Faktordaten.
Was es wirklich kostet
| Position | Kosten |
|---|---|
| Trading fee | 6% |
| Daily card buy limit | $2,000 BTC |
| Monthly card buy limit | $20,000 BTC |
Was gut ist, was nicht
Vorteile
- Operating since 2013 with a long-established reputation
- Simple, fast verification for purchases under $150
- High card-funded buying limits (up to $2,000/day, $20,000/month, with higher tiers available)
- Accepts Visa, MasterCard credit/debit cards and Western Union
- High-encryption authentication and data protection
Nachteile
- Fees are stated as 6%
- No phone support
- Support hours limited to Sunday to Thursday, 23:00 to 07:00
- Cannot trade crypto against other users — Coinmama only sells/buys for you
- Coinmama does not custody your coins; you must use your own wallet