Coinmama verification definition
For the longest time, it was very difficult to buy Bitcoin using credit cards. Coinmama has managed to solve that problem. It is a Bitcoin broker that lets users coinmama verification definition purchase Bitcoin using their credit cards.
Part of the credit also goes to companies like Simplex that have allowed exchanges and brokers to verify users with less risk and thus allowing the acceptance of credit cards. It is a great platform for people coinmama verification definition are just starting out with Bitcoin and want to see how it works.
Coinmama coinmama verification definition currently coinmama verification definition countries worldwide — widest range of countries among the exchanges that accept credit cards. It also supports some US states:.
US residents living abroad may use the exchange given that they have proof of residence of another country. Coinmama accepts Visa and Mastercard credit and debit cards. It also allows customers to buy with Western Union. This is due to the expensive measures companies have to deploy in order to avoid fraud and chargebacks. Initial verification on Coinmama usually takes 10 minutes.
After initial verification, all purchases will have bitcoins delivered instantly. However, level 2 and 3 verification may take up to six hours. On top of the ID uploaded coinmama verification definition level 1, you need to submit coinmama verification definition secondary ID. Requires filling a short form. Giving out your credit card information to Coinmama is totally secured. Since the exchange operates on an HTTPS certificate, none of your information is saved at CoinMama, therefore a leak cannot affect you in any way.
Support is available via email. Their FAQ page is a great start to understand how the exchange works. Coinmama provides quality service for those who want to buy Bitcoins instantly using their credit card without compromising the user privacy. The only downfall is its high fees. The exchange provides quick customer service and no hassle during the registration or verification process. Unfortunately, their service is not currently offered in all the U.
At this time Coinmama does not allow customers to sell Bitcoins on its platform. Coinmama Countries Supported Coinmama is currently operational countries worldwide — widest range of countries among the exchanges that accept coinmama verification definition cards. It also supports some US states: Coinmama Verification Initial verification on Coinmama usually takes 10 minutes. A utility bill paper bill or internet bills are not accepted, save for bank statements A selfie of you holding your ID Level 3 — no limit Requires filling a short form.
Security Giving out your credit card information to Coinmama is totally secured. Customer Support Support is available coinmama verification definition email. Coinmama Conclusion Coinmama provides quality service for those who want to buy Bitcoins instantly using their credit card without coinmama verification definition the user privacy.