How much does coinmama cost?

Crypto trading costs and transaction fees: To trade cryptocurrency, Coinmama charges a rate that’s based on the market rate of TradeBlock’s XBX Index plus 2%. In addition, there is a commission fee of up to 3.9% on crypto purchases and up to 0.99% to sell bitcoin. Coinmama offers reduced fees to buy and sell through its loyalty program.

How does coinmama's loyalty program work?

Coinmama offers reduced fees to buy and sell through its loyalty program. Users who make $5,000 in purchases over 90 days get their sales fee reduced by 12.5%; users who purchase $18,000 over 90 days or a lifetime purchase amount above $50,000 get 25% off their sales fee.

What's wrong with coinmama?

The biggest flaw with Coinmama is how expensive it is. It charges 2.3% more than the market rate and has commissions of up to 3.9% on purchases and 0.9% on sales. There's also a 4.99% fee for payments made by credit card, debit card, Apple Pay, or Google Pay. These fees far exceed what quality exchanges charge.

How long does it take for coinmama to send bitcoins?

How long does it take for Coinmama to send my bitcoins once I’ve paid? Coinmama sends the coins within 1 hour after both your payment and wallet address have been confirmed. Can I use a credit card? Yes, you can purchase digital currency with any credit/debit card you own as long as it’s a Visa or MasterCard.