Coinmama.com is giving users a 15% commission on their referrals’ fees for the time that they use the exchange. The platform will enable you to buy 10 cryptocurrencies such as: Bitcoin, Ethereum, and Cardano. Plus, you’ll be able to sell Bitcoin for fiat currency as well. Coinmama offers multiple payment options and instant coin delivery. To date, the non-custodial crypto exchange has more than 2.6 million users in 188 counties.
Check out the best cryptocurrency bonuses such as: BlockFi, Voyager, Coinbase, and more.
Read below for more information on what they have to offer.
Coinmama 15% Commission Referrals
Refer your friends to Coinmama and get a commission of 15% on the fees they pay on the exchange for the duration that your referral uses the platform. Bonuses will be paid out once a month after you hit $100 from the last payout.
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Coinmama Features
Cryptocurrencies | BTC, ETH, ETC, BCH, LTC, ADA, QTUM, XRP, XTZ, EOS |
Fiat Currencies | USD, EUR, AUD, CAD, GBP, JPY |
Deposit Methods | Credit/debit card, bank transfer (SEPA), SWIFT, wire transfer, Apple Pay |
Purchase Limit | Up to $1 million lifetime limit |
Coinmama is an exchange broker and not an exchange marketplace like Binance. A broker exchange holds the cryptocurrency and sells it directly to you for fiat money, whereas an exchange marketplace is peer-to-peer, matching independent buyers and sellers.
Because Coinmama is selling their own coins, rather than acting as a middleman, their transactioins are much faster. Simply place your order, and you get your coins instantly, no cash deposit required. We also like that Coinmama:
Has a Variety of Payment Options
You can buy crypto with a Visa or Mastercard credit card. Plus, you can even use Apply pay for crypto purchases. Other payment options will be: Fedwire, SWIFT, SEPA, bank transfer, Fast Payments.
Supports Popular Cryptocurrencies
Coinmama users can purchase Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Qtum, Ripple, Ethereum Classic, Cardano, Tezos and EOS. To sell, however, users can only offload Bitcoin.
Easy-to-use Trading Platform
Just pick how much you want to buy, either by fiat or cryptocurrency. Coinmama sells fractional shares, so you can make purchases as low as $50 on the current spot trading price.
Coinmama Loyalty Program
Coinmama rewards users who frequently use the exchange, in the form of fee discounts. This is how the bonuses will work:
Tier | Requirement | Fee Discount |
Crypto Curious | None | 0% |
Crypto Enthusiast | $5,000 spend over 90 days | 12.5% |
Crypto Believer | $18,000 spend over 90 days or $50,000 spend over lifetime |
25% |
Coinmama Fees
Trading Minimum | Buy: $50 Sell: $200 |
Trading Fees | Buy: market rate + 2% Sell: market rate + up to 0.9% |
Transaction Fees | Purchases: up to 3.9% Credit/Debit Card: +5% Apply Pay: +5% SWIFT: 20 GBP (transactions < $1,000) SWIFT: no fee (transactions > $1,000) Other fees may apply. |
As we mentioned before, Coinmama offers reduced fees to sell through their loyalty program (see above).
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Conclusion
Coinmama is fast and easy way to buy and sell cryptocurrencies. They accept Visa, Mastercard, and Apple Pay. Not to mention it will support popular crypto and fiat currencies.