Can you send bitcoin through Coinmama?

Send the exact amount of Bitcoin selected to the wallet address provided in a single transaction, or scan the QR code from your wallet app. Once we receive your coins, we will transfer the payout amount to the bank account you provided.

Can you send Bitcoin from Coinmama to another wallet?

In order to send (or add) Bitcoin to your wallet, you will need to enter your public key—or wallet address, so that Coinmama can send you your coins. Once you do that, your work is basically done!

Can you send money with Coinmama?

When buying crypto with Coinmama, you’ll have to send the coins to your own personal wallet (that only you have access to) and from there you can transfer your coins to wherever you’d like e.g. shops, E-shops, particulars…

How long does Coinmama take to send bitcoins?

We typically send your coins within an hour upon receipt of both your payment and your wallet confirmation. You’ll be able to see the transaction on the Blockchain within about ten minutes. Once your transaction is on the Blockchain, it still needs to be verified by miners before you receive your coins.

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How do you buy and send bitcoins on Coinmama?

Buy Cryptocurrency

  1. Step 1: Choose your crypto. Log into your account to buy Bitcoin or Ethereum with Coinmama. …
  2. Step 2: Select your amount. …
  3. Step 3: Enter your wallet address. …
  4. Step 4: Choose your payment method. …
  5. Step 5: Confirm your wallet address and receive your coins.

How long does it take Coinmama to verify?

You can expect to hear from our Verification team within 30 minutes. In the meantime, you may want to learn more about why we verify your account and your account limits.

How do I withdraw money from Coinmama to my bank account?

How to transfer Bitcoin for cash using SWIFT

  1. Sign up or log into your Coinmama account.
  2. Select “sell” and enter the Bitcoin amount you’re selling.
  3. Choose SWIFT as your payout method.
  4. Enter your bank country, bank account number, and routing number or Bank Identifier Code.
  5. Complete your personal details.

What is the minimum deposit for Coinmama?

The minimum amount to buy on Coinmama is $30, while the minimum amount to sell is $100.

What are Coinmama fees?

How much will it cost me to use Coinmama? The company charges a 5.5% transaction fee for each purchase. If buying with a credit card, there is an additional 5% fee assessed by Simplex, Coinmama’s credit card processor.

Does Coinmama have 2FA?

Using 2FA. When placing an order, you’ll be prompted to confirm the order and wallet. Open the authentication app on your phone and enter the corresponding six-digit code. If the code is correct, you will be directed to the Payment Method menu to proceed with the order.

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Is Coinmama trusted?

Yes, Coinmama can be trusted. 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.

How good is Coinmama?

Coinmama is a simple, straightforward platform for buying and selling crypto. Its ease of use makes it a great option for certain customers. However, it has relatively high fees and users looking for expanded product offerings such as crypto rewards credit cards or crypto-backed loans will need to look elsewhere.

What Bitcoin wallet does Zambia use?

There are 6 trusted exchanges operating in Zambia with the most popular being Binance, Kraken, and CEX.io.

How much Bitcoin can I buy on Coinmama?

Get Verified for Bitcoin Purchase

Once approved and cleared, you can buy Bitcoins for up to 15,000 USD with your credit/debit card.

Which country uses Coinmama?

Launched back in 2013, Coinmama is registered in Slovakia, while owners New Bit Ventures are based in Israel. The platform was established to create the simplest financial service in the crypto space. Since the genesis, Coinmama is trusted by over 2,300,000 people across 197 countries.