Top Coinmama Alternatives and Overview

Coinmama simplifies Bitcoin purchases and offers a host of services to the existing customers. The company allows users to register online for the exchange services by pairing debit and credit card details. Although PayPal isn’t accepted, other features certainly make up for this minor pitfall. In addition to that, U.S citizens residing abroad can also make use of this exchange service by furnishing documented proofs.  Lastly, this is one Israel based Bitcoin broker with an interactive platform at the helm.

Coinmama is an online digital finance firm that works towards transferring, selling and buying of cryptocurrencies, especially Bitcoin and Ethereum. It is widely popular mainly due to its safety features and quick access to digital currencies. It is a centralized service that provides 24*7*365 customer support. The enormous client base is a result of their worldwide presence.

Since Coinmama accepts credit & debit cards along with PayPal, it offers trading services to users from practically all around the world. Here you can buy Ethereum & Bitcoins in cash as well. You may take advantage of pre-made plans or pick the number of coins you need to purchase physically depending upon your spending plan.

Privacy Measures

Coinmama comes forth with some of the best safety measures when it comes to purchasing digital currencies. For starters, the company allows customers to purchase Bitcoins worth $150 without asking for ID proofs or concerned documents. Although for purchases amounting more than $150, identity verification is important. This portal doesn’t even save credit card information in concerned databases, making the purchases and remittance completely transparent. Lastly, customers need not face the stringent verification rules for the initial exchanges.

Instant Delivery

Purchasing digital currency via Coinmama is straightforward. There are various payment alternatives to choose from, and if you are thinking about delivery, then it’s instant. As soon as your payment is confirmed, you get digital currency loaded in your wallets.

Secured

When you make payment via credit or debit card, all your personal, as well as card details, are 100% secured. Since online transactions occur via HTTPS authentication, none of your data is saved at Coinmama, hence no chance of data theft. In case you're reluctant to utilize credit or debit card, you can send cash through Western Union once you are authorized user.

User-Friendly

Coinmama lets you purchase Bitcoin worth up to $100 without any photos or ID proof. It is an excellent platform for individuals who are starting with Bitcoin and need to see how it functions. They additionally offer live chat alternative to all the users around the globe. Their FAQ page is an incredible option to see how the trade operates.

Coinmama offers quality assistance for the individuals who want to purchase Bitcoins utilizing their credit or debit card without compromising the security. Coinmama provides quick client assistance and no issue during the verification or registration process.

Understanding Limits, Liquidity and Speed

These three aspects actually determine the efficacy of an online wallet. In case of Coinmama, customers get some of the highest purchase limits in comparison to other brokers. When it comes to Bitcoin valuation a daily limit of $5000 is assigned followed by a monthly mark of $20,000.  Apart from generous limits and decent liquidation rates, this Bitcoin broker is also known for its speed with any form of verification taking no more than 10 minutes to conclude. Moreover, once the initial verifications are taken care of, the deliverables are processed instantly.

Reputation and Associated Fees

When it comes to reputation, this company comes with a lot of credibility. While this online portal has been around for quite a long time, it keeps on updating the feature sets on a regular basis. Moreover, the company has been active since the very inception of Bitcoin, allowing exchanges via credit and debit cards. The higher processing fees associated with this online platform has been criticized by many customers but the perks and benefits on offer actually validate the considerably higher rates. At present, the processing fee for card-based exchanges are somewhere in the ballpark of 6 percent.

Various Features

Coinmama is one platform that keeps on adding newer features for its enthusiastic customers. One of the most functional attributes includes the real-time Bitcoin to USD calculator that actually notifies the user about the number of deliverables to be purchased, depending upon the valuation. In addition to that, customers can also make use of the extremely transparent affiliate program, exclusively associated with this company. This feature allows registered customers to earn digital currencies by promoting the exchange schemas in an organic manner. Apart from that, this online broker is fast adding newer languages to its database; precisely for making the platform interactive even for the non-English users.

Bottom-Line

Coinmama is an extremely efficient digital currency broker that actually thrives on the fluctuating global currencies. Moreover, this portal stacks up some of the best features in the existing category without being too flashy about the same. The best part about this online wallet happens to be the professional layout, clubbed with smooth transactions and minimal hassles. Although there are certain restricted demographics to work with, this company achieves everything that is expected of a reliable Bitcoin vendor.

Company Name: Coinmama.