In today’s world of virtual currency, it seems like every individual needs it but it’s not that easy to get hold of it. If an individual wants to buy bitcoin through the bank then it will take him days. Therefore CoinMama is here to modify that. So now it has become very easy to buy bitcoin through credit card or debit card or by cash. It takes few minutes to get the coin in one’s hand. In can be considered as an alternative to IndaCoin exchange.
How can one buy Bitcoin with Credit or Debit card?
In the previous time it was risky to get coin by card process, but now some services allow using these cards to buy bitcoins. But that do not mean that the risk of scam has gone down. When an individual is using the card they must be careful. This is only because come companies have allowed exchanges and agents to confirm user with fewer risks.
Since this process has become very popular and advance, fees have become lower. In the past, each bitcoin charged 310 dollars. After charges were rooted fees have come around 6.5%. If for an individual it a big amount then he/she must go through other companies, as all of them are provided with the same fee structure. But never less these companies are looking for the current commission which is pretty high for average customers. Therefore they are repetitively trying to lower the cost to give the customers better money value.
Get bitcoins instantly (Without KYC)
The best thing that got histrionically improved that is the speed at which an individual gets their coin. In the past one had to wait until their documents were checked and confirmed. But at CoinMama, as soon as payment got clear he would easily get their coins.
This is essential as the difference of two to three days can mean a lot in the world of bitcoins. One can buy more that they truly deserve.
Is CoinMama is Reliable
We all know that it is a company from Virgin Islands Their sites are highly secured and also certified. There is no system to save data of individual’s delicate details. Therefore one can expect that their personal facts are not being shared and are kept privet.
Support and Availability
It provides its customers with live chat options. If by default the online live chat is not there than the customers can use their Google id of Facebook id to contact support.
How does CoinMama work?
- The method of Payment:
One needs to choose their method of payment. This is a prime part. One needs to have a credit or debit card to pay online which takes hardly some minutes. If individual wishes to pay cash then they can choose other means of the method.
- Instructions need to be followed:
One needs to fill up an online form if they want to use their cards. If someone wants to pay via cash they need to choose Western Union option and them they have to follow the instruction. Then their payments process will be carried forward.
- Confirm Wallet:
As soon as the payment process is done, an individual will get bitcoin wallet address. Once the customer clicks the confirmation address which will be sent to their mail id the process will be completed.
Hope this CoinMama review will be helpful. If an individual is looking forward to the quick transaction which does not need any certification or identifies then CoinMama is a big Yes. If one values their time and money then CoinMama is a good option to go for.