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The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. Fees: Simplex, Coinmama's credit/debit card processor, charges a 5% additional fee (with a minimum cap of USD 10) on each transaction. Coinmama is one of the oldest bitcoin brokers in the business. Here you'll have all the info that you'll need to place an order with us right at your fingertips. "name": "What Countries Does Coinmama Support? With Coinmama, users are able to sell Bitcoin, even if purchased elsewhere and receive fiat money directly in their bank account. See below: Once you have decided on the USD equivalent amount of Bitcoin or the number of Bitcoin you wish to purchase, click Buy Now.. Email . Verification Time You may be wondering how long does Coinmama take to verify your account. The photo must contain the ID you just uploaded and a piece of paper with Coinmama written on the piece of paper along with todays date. 5,000 USD / ? For a complete guide on which form of ID is required in each country, Click on Buy and choose the cryptocurrency you want to buy, Decide on the amount you want to purchase and click buy now, (SEPA, SWIFT, Fedwire, FasterPayments, etc.). This means that the company sells you the coins directly, as opposed to a trading platform where you buy the coins from other people. "@type": "Answer", Payment methods for the purchase of cryptos include Faster Payments, Fedwire, Sofot, SEPA, SWIFT, and Apple Pay. Required fields are marked *. Conclusion Coinmama is an excellent way to purchase Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, and Cardano instantly with a Visa or MasterCard credit card or debit card. 42 Pearse St., Dublin D02 YX88, Ireland, Copyright 2023 Coinmama. Azerbaijan 13. Requires filling out a short form. From my own experience I can say that verification with Coinmama was relatively easy, and yes, they require a lot of information. //