The team at Coinmama is amazing! Alex and Joshua made my first ever, Bitcoin purchase experience welcoming! Thumbs up for the excellent service guys. Phyllis M. Great Service Had a question about transaction processing time, and it was answered promptly, accurately and by a human being! A friendly experience in these days of automation! Robert G. Splendid experience that is continuing Simple: I opened an account recently to buy Bitcoin.
Several email correspondences were needed to get up and going. Five stars for customer service Ahmed T. Great customer service I came across multiple crypto platforms and Coinmama is the best. Great customer service and really easy to use. I encourage everyone to try. I never had an agent like Alex. He deserves a promotion. Mark W.
A platform to rely on! Coinmama Support Team Member Malcolm helped me solve the problem I was having with ease, Malcolm answered every email I sent, it was great to know I can rely on them with help and ease. Selwyn E. Very thankful I am so satisfied about the service Alex provide to me I'm very thankful everything was on point and professional thank you for your service and keep up the excellent work, Toni M. Best support in the world Coinmama support is the best in the world.
Thank you for your swift reaction and fantastic support. It is highly appreciated. Kamal D. Omer was outstanding. She spent the necessary time with me, asked the right questions, and made sure I understood everything. Omer represents Coinmama superbly well! Silke A. Qucik and friendly I think the help of your team is just great and I really appreciate the quick and uncomplicated, always friendly cooperation Patricia G. Really helpful : Really good.. I could have been scammed!
Good information! I will be doing a lot of reading before i continue.. Thomas J. Coinmama is an amazing platform. The provide you good service; if reach out to them they respond in a timely manner. I have much respect for this guys. Mina Grace W. Omer was the BEST! If the limits aren't high enough for me, can I buy bitcoins on multiple exchanges? Yes, of course.
Is it risky giving up my ID in order to buy? It depends how much you trust the exchanges. Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to. One thing that Bitcoin exchanges have going for them is that because they are constantly under attack, they have some of the best security and protections in place to protect against the hacking of your personal info. There is always risk with anything related to information online.
Even Yahoo was hacked and information on million accounts was stolen. How do I determine the best way to buy? The best way is to read through the description for each exchange. Make sure you find one that supports your country and has fees that you're okay with.
You're also free to try multiple exchanges to see which you like using the best. What Happened to VirWox? For now, please try using our exchange finder to find an exchange. Can you Buy Less than One Bitcoin? Yes, it is possible to buy less than one bitcoin. Each bitcoin is divisible to the 8th decimal place, meaning each bitcoin can be split into ,, pieces. Each unit of bitcoin, or 0. Most Bitcoin exchanges will let you specify the amount of fiat currency you want to spend and in exchange sell you the equivalent amount of Bitcoin.
Vice-versa, most Bitcoin brokers also let you specify the amount of bitcoin you want and will charge you the equivalent in fiat. For example, if you want to buy 0. Should I leave my bitcoins on the exchange after I buy? We strongly recommend storing any bitcoins you want to keep safe in a wallet you own.
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Buying BTC or any financial asset can be risky. However, the choice of a reliable crypto trading exchange minimises the risk. We have built a safe and secure marketplace for crypto investors and traders. We have developed a robust technical infrastructure to prevent fraudulent activity and to keep both your personal data and money safe. We offer top-notch user-account security, the strongest 2FA verifications, activity logging and the whitelisting of IP addresses and devices.
Your payments and withdrawals are effectively protected. How long does it take to buy Bitcoin? At Currency. If you have just downloaded the app it will take you several minutes to create an account. Then you should get verified. Although this may take some time, after that you will be sure that your personal data and money is safe.
Once you are verified, you can instantly buy crypto with your credit or debit card. With a split-second order execution 50 million transactions per minute we make it really fast. You have your Bitcoin in your account. How to Sell Bitcoin Once you have an account at Currency. You simply place a sell order, stating the type of currency and the amount you want to sell, and the exchange will automatically manage and complete the transaction once someone matches your order.
Although Currency. It is not a place for long crypto storage, but a place to make your crypto holdings work. Buy, sell and exchange your crypto holdings at Currency. Follow us. You may be required to take a selfie while holding your photo ID so they can match you up.
Step 3: Decide how much to buy As Bitcoin is a volatile asset, you must decide carefully how much you want to invest in the cryptocurrency. However much Bitcoin you decide to buy with your credit card, make sure you can pay it off in full when your next statement comes through.
Step 4: Deposits funds You can fund your crypto exchange account by entering your credit card information. Funds deposited with a credit card are typically cleared for use within minutes of the transaction. Step 5: Place an order The easiest type of order to set up is a market order, which requires practically no configuration at all.
Once submitted, the purchase will be made at the next available price. At most exchanges, you can also set up a trigger order by entering the target price you would like to buy Bitcoin at. Trigger orders may take a little more configuration, but they can be used to execute a trading strategy to buy a dip or sell when the price drops. With adequate funds in your account, you can set up a recurring order to purchase more coins on a regular basis.
Using a recurring buy is a way to dollar cost average down. Step 6: Buy After deciding what type of order you want to place, fill out the form and make a purchase. Still not sure? Pros and cons Pros Fastest way to buy. Transfers made via a credit card typically take just minutes to complete. Rewards and sign-up bonus.
Cons Cash advance fee. Foreign exchange fee. You may also have to pay a foreign exchange fee if the exchange you are signed up with is based outside the United States. However, not all card issuers charge this fee. Crypto exchange processing fees. The crypto exchange may charge a fee for credit card deposits.
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