Coinmama is a bitcoin broker based in Israel. They provide bitcoins selling service to nearly anyone in the world as longest you own a credit card.
- Large coverage of service
- Known for good customer service
- Adequate purchase limit
- Slightly expensive and high fees
Coinmama accepts transaction via credit/debit card and even by physical cash. One of the unique transaction method available is via Western Union.
Coinmama supports most of the countries worldwide beside sanctioned countries . Accepted transaction are mostly via credit cards.
US States support
Assuming some might have credit card or bank registered on these US regions should able to make purchase on Coinmama . US states that are not included might not be fully supported by Coinmama.
- New Jersey
- New Mexico
- North Carolina
- South Carolina
Similar with Coinbase in terms basic account where basic users are allowed to purchase not more than $150 worth of bitcoins. Personal detail such as ID are not required for basic user to make purchases.
However, purchases that total up to $150 will require full identity verification where users have to provide their ID.
Limits & Liquidity
Coinmama boast for providing one the highest buying limit among other brokers via credit card. They could allow up to $5,000 worth of Bitcoin purchase daily and total of $20,000 monthly
Basic user account would need roughly 10 minutes to complete the transaction. However after full verification on the user account , transaction occurs instantly.
Known as one of the oldest broker in the market and been provides Bitcoin purchasing via credit/debit cards since then.
One of the few broker in the market that have high extra charges of 6% when purchasing with credit/debit card.
Currently they only provide email support , thus any lined support are high possibility a fake one.