An Accurate Coinmama Review

Coinmama is a popular crypto trading platform that has been on the market for a while. Therefore, you can find tons of Coinmama reviews over the Internet. But not all of them cover the things you should be aware of. In this particular Coinmama review 2018, we will cover the main issues you should know about it before you get started. Here are some of the questions we are going to answer:

1. What is Coinmama?
2. Which currencies does it support and which features does it offer?
3. Is it difficult to get started?
4. Is Coinmama legit?
5. Is Coinmama safe?

So, let’s go!

• First of all, we have to mention that it’s one of the oldest Bitcoin brokers on the market. It has an excellent reputation and a number of customers worldwide. Nevertheless, despite the fact that is a worldwide system, you might have limited functions in some countries.
• The crypto trading platform supports the main cryptocurrencies, not simply BTC and ETH. You can also purchase BTH, ADA, LTC, XRP, and lots of other altcoins.
• The platform supports multiple payment methods. You can even buy Bitcoin or Ethereum not only with Visa and MasterCard credit and debit cards but also with other payment systems, in particular, Western Union and PayPal.
• It’s easy to get started. The service is rather user-friendly. When it comes to Coinmama verification, there are 3 levels. It takes only about 10 minutes to get the first level.
• The Coinmama fees are not the biggest in the crypto trading industry. As a simple example, its rate is based on the XBX Index, plus a 5.90% fee. Plus, there is a 5.00% processing fee for credit/debit card transactions.
• The company has some limits, so pay attention to them. For instance, there is a limit for first-time buyers ($5,000 a day, and up to $20,000 worth a month).
• Coinmama support claims to works 24/7. But in fact, it’s available during working hours only.

Is Coinmama Legit?

Due to the fact that it’s a crypto-related service, some might consider Coinmama a scam. As a result, you may hear many people ask, “is Coinmama legit or is Coinmama fraud?” The answer is obvious- Coinmama is a legit company, which can be trusted.

Is Coinmama Safe?

The platform is absolutely safe and we ensure you that it can be trusted. It comes with a set of advanced security features, including the following ones:

• Data encryption
• Antivirus protection
• IP restriction
• Multi-level authentification.

But you don’t need to forget that it might prove to be addictive or risky, so ensure you trade reasonably.