How to buy bitcoins using Coinmama

Bitcoin continues to break its records by rising faster than anybody had ever dreamt of. This week on November 29, Bitcoin’s value touched an all-time high of $11,395 per BTC across global exchanges. Now everybody is aware of its presence and its impact on world’s economy. Few people have already started investing and trading in it and most of the others are finding the best platform to purchase bitcoins. Where many  Multinational brands have already started accepting bitcoins like  USD, EUR most of the other brands are planning to start accepting Bitcoins in near future. For that purpose, we need a platform where can buy bitcoins instantly and very easily. Coinmama is best one of them. In this article, you will learn how you can buy Bitcoins/altcoins through Coinmama.

Coinmama Best Bitcoin Exchanges

Coinmama is very much famous for instant exchange of cryptocurrency. They have their origin in the British Virgin Islands and currently serving around 230 countries. People who want to buy Bitcoin, Etherium and other cryptos can readily buy them from Coinmama through e-wallets, credit/debit cards.

To check if they serve your country visit here.

Unlike some of the other exchanges, coinmama doesn’t have inbuilt bitcoin/etherium wallet. If you want to exchange you should have one.Under the bonus feature of coinmama, you can purchase bitcoins/etherium up to 150 USD/EUR via MasterCard/VISA credit/debit card with level 0 verification process which is quite simple, You just need to fill your some of your personal details and your address, ZIP code. If you want to increase the limit of buying then you need to do verification which might take up to 6 hours.

The customer service for Coinmama is very professional and quick during times.

However, these all facilities have a cost which you pay as the fees per transaction. Simplex, Coinmama’s credit/debit card processor, charges a 5% additional fee (with a minimum cap of 10 USD) on each transaction.

Summary

Overall, Coinmama is among the best cryptocurrency exchanges for its smoothness with a quick customer service, Very less struggle during the verification process. Best platform for those wants to buy Bitcoins/Etherium quickly and securely without any hurt to user privacy. 

 

You can buy Bitcoin/Etherium through coinmama by following these steps:

  1. Register for an account at Coinmama.
  2. Choose the amount of Bitcoin you want to buy and click on “Buy Now.”
  3. Choose your method of payment.
  4. To pay with credit/debit card, fill the payment form and follow the instructions. To pay with cash choose  Western Union as the method of payment and follow the instructions to complete the payment.
  5. Complete the payment and confirm your bitcoin wallet address by clicking the link in the confirmation email they will send you.
  6. Once they’ve received and verified your payment, they will immediately deliver the coins to your wallet!You’ll be able to track the status of your orders at all times under ‘My Account.’

Coinmama: Buy Bitcoins with Credit Card

Hope you enjoyed reading this article. You can write down your questions or suggestions if you have down in the comment section. You can also read our previous posts.

  1. How To Buy Bitcoins Instantly Using Debit/Credit Card. 
  2. What is IOTA (Cryptocurrency)? Beginners guide.

Cheers.

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