The details provided by new customers are checked manually and can take anywhere from 30 minutes to a few hours to be confirmed. Coinmama is one of the few exchanges supported almost worldwide. The platform is available in over 188 countries around the globe. Users from accepted countries, including Australia, Singapore, Europe, the UK, Canada, New Zealand, and the US, can quickly and safely purchase cryptocurrency using Coinmama. However, there are a few restricted states and territories within the US, including New York and Hawaii.

Thereby you can easily paste https://forex-review.net/coinmama-review/ the translation, and modify it as a string. There are a majority of free translation API’s outthere, but none really seems to beat Googles Translation Service, GTS (in my opinion). As a result of Googles’ restrictions on the free GTS-usage, the best VBA-approach seems to be narrowed down to the IE.navigation – as Santosh’s answer also emphasizes.

Registration and Verification

While Coinmama makes it simple to buy and sell cryptocurrency, there is a lack of advanced features on the platform. As such, anyone looking for features like margin trading, staking, or copy trading will need to find another cryptocurrency exchange. However, despite the higher-than-average fees, Coinmama is a viable platform for beginners looking for a safe way to buy cryptocurrencies. Unlike many other crypto exchanges, you cannot trade crypto with Coinmama. There are no staking opportunities, and Coinmama does not have a mobile app or a crypto wallet.

Multiple crypto wallets are available, so research online if you don’t wish to use the above options or check the best crypto hardware wallets of 2024. Below is a quick overview of the Coinmama cryptocurrency exchange. It is a legitimate online crypto marketplace that has been around since 2013. It can be used in 190 countries worldwide and has over 3 million users. Crypto Believer – cumulative purchase amount of $18,000 USD over a rolling 90-day period, or a lifetime purchase amount above $50,000 USD. BestCryptoExchanges.com do not recommend that you buy, sell, or hold any cryptocurrency.

We work hard to keep all prices, statistics, and other data complete and up to date; however, real-time accuracy cannot be guaranteed. © BestCryptoExchanges.com – an independent crypto portal dedicated to making blockchain knowledge accessible to everyone.

Unfortunately, while the most cost-effective option, bank transfer payments can take between 1-3 days to complete. What beginners love about Coinmama is how easy it is to buy and sell cryptocurrencies. You don’t have to deposit funds, wait for them to clear and then buy your cryptocurrencies. It’s also an added safety feature because you aren’t storing your fiat currency on an exchange, or registering bank account details.

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Before buying cryptocurrency on Coinmama, you will need a crypto wallet supporting the coin of your choice. If Coinmama doesn’t sound like it’s for you, have a read of the best crypto exchanges where I provide several top options for US residents. You are bound to find a crypto exchange suitable for your needs.

Coinmama Transaction Fees

• Coinmama operates differently to many other crypto exchanges, and here are the main reasons why over 3 million users choose to buy and sell crypto on their marketplace.
• Having access to a substantial number of assets is crucial for anyone wishing to buy and sell crypto.
• Coinmama technically doesn’t have deposits, as users don’t deposit to pre-fund the account.
• Coinmama fits beginners who want to buy crypto quickly with household payment methods.
• However, while creating our Coinmama review, we noticed that the exchange only supported 16 cryptocurrencies, far less than most other cryptocurrency exchanges.

If you are after a crypto exchange that offers a wider range, Coinbase offers 160+ coins and KuCoin has over 700+ different cryptocurrencies. Tick the boxes confirming that you read the user agreement and privacy notice. These pages outline how Coinmama stores hashed passwords, handles personal details under GDPR, and reports suspicious crypto transactions to FINCEN. Skipping the fine print often leads to confusion later when a withdrawal request triggers an identity check. After completing the payment information, enter your wallet address then click ‘Complete Payment’.

The Coinmama website would benefit from adding more details, such as transaction fees. However, it is easy for new users to open an account and start buying cryptocurrencies without the hassle of tackling reams of information. It may seem inconvenient that Coinmama doesn’t provide an online wallet. Still, the benefit is that it makes you think seriously about setting up a secure digital wallet instead of taking the easy option.

Coinmama Review 2025

No customer balances were lost, and since that event the platform records zero confirmed breaches. Continuous monitoring and cold wallet segregation keep users funds separate from corporate capital, maintaining clear proof of reserves at all times. While the trading platform is only available to desktop users, Coinmama has recently released its non-custodial wallet on both IOS and Android. Although users can view the price of crypto markets, the app only supports storing assets and not purchasing them. While the app boasts a slick interface and is easy to use, it currently only supports Bitcoin and Ethereum, hindering its performance.

Account Creation & ID Verification

However, while creating our Coinmama review, we noticed that the exchange only supported 16 cryptocurrencies, far less than most other cryptocurrency exchanges. Buying crypto refers to the process of purchasing cryptocurrency using fiat money, such as dollars or euros. This can be done through services like Coinmama and other exchanges or marketplaces. Coinmama is an established, reputable, beginner-friendly and easy-to-use platform.

If you seek a direct bridge from a bank account to digital currency without spending time figuring out order books, the coinmama platform delivers. If you need day‑trading tools, deep liquidity, or hundreds of assets, you may prefer other exchanges. The fiat currency support list continues to grow, giving residents of many regions an easier path from bank account to crypto wallet.

• It’s easy to register an account with Coinmama by entering your email, password and other details required (see below image), and clicking ‘Create Account’.
• There is no need to place an order on the market, or watch price fluctuations.
• As Coinmama is an MSB (Money Services Business), you must provide the details as asked for KYC reasons.
• Unlike many leading crypto platforms, with hundreds of cryptocurrencies listed, Coinmama has a small range of the top coins.

Hands On Walkthrough for Your First Coinmama Purchase

Fill out the verification form with your full legal name, date of birth, phone number, and residential address exactly as they appear on your driver’s license or passport. Coinmama uses automated address validation software; mismatched data may stall the application and push you back in the review queue. Two‑factor authentication with Google Authenticator is highly recommended here; scan the QR code and save the backup codes offline. This extra layer cuts the risk of account takeover if somebody discovers your password later. Click Sign Up in the upper‑right corner and choose whether to register with an e‑mail address or mobile number. Create a twelve‑character password that mixes upper‑ and lower‑case letters, numbers, and a symbol.

Of course you may also manually use the Translate functionalitybuilt into Excel, which can be found on the Review tab of theRibbon. But the UDF above provides a quick and streamlined methodto translate text programmatically. Excel’s translation capability is notexposed via the Excel Object Model, so a function like the abovecan be quite useful. Stay up to date with our latest exchange reviews, promotions, how-to guides and educational articles on Bitcoin, cryptocurrency & more.

We recommend checking the legislation around buying cryptocurrency in your country of residence. Coinmama makes it super simple to buy crypto with a credit card. Just enter your card details as a payment method within the app or via yor account. You can even buy crypto using the Coinmama Wallet available now on Android and iOS.

Cards clear in about two minutes, SEPA bank transfers cost less but settle in one business day, and SWIFT wires suit five‑figure tickets. Coinmama registered as a money services business with FINCEN in 2017 and submits regular anti money laundering reports. Identity documents reside on encrypted servers, and the company conducts quarterly penetration tests by third party specialists.