All over the world, trading in
financial securities is surging to a new high with every passing year.
Additionally the global economy has been growing steadily which is putting more
money in the hands of people. Introduction and rampant growth in valuations of
crypto currencies has led to an added alternative for people to invest their
money in and get huge returns. With every passing day, more and more people are
getting exposed to crypto currency investments and hope to make a good return
out of it in no time. Getting your crypto broker right is paramount to making
good returns. There are several aspects to be considered before you proceed
with a crypto broker. Take coinmama for instance, if you go through any coinmama
review there
is a decent chance that you will find someone talking about high coinmama fees
involved in trading and being concerned about the same.
Coinmama was founded in 2013
and has done decent business since then. Although it is based in Slovakia, it
accepts US citizens as clients. It is owned by Israel based New Bit Ventures
Limited. Currently it is operational in as many as 24 states of the USA. What’s
particularly advantageous about Coinmama is that it allows its clients to
directly purchase BitCoin and Ethereum from the user’s credit card itself. This
has simplified the entire process to a great extent and has saved its users
from the drudgery of time taking transaction processes. Streamlining trading
process has helped it garner lots of admiration from its users. Moreover, if
you wish to purchase without completing the verification process, you should
know that Coinmama lets its users purchase up to 150 USD/EUR worth crypto
currency in spite of not completing the identity verification process. So
there’s nothing that’s going to hold you back from purchasing your preferred
crypto currencies in quick time.
You will have to produce your
official government issued ID in order to complete the confirmation process,
for compliance with KYC and AML related policies. It is important to note that
setting up your account is a one-time process that’s not going to trouble you
for long. Look for the entire experience of using Coinmama and see what all you
like about it. In case you are facing any trouble of any sort while using
Coinmama, you can readily contact its customer support team via an e-mail to
help you with your issue. It is recommended that you go through the FAQ section
on its website to learn about some common problems and how to solve them. Go
through the details related to coinmama
fees and
decide about opening an account. You will be surprised to see that all the
great things you read in coinmama review work in your favour once you start
using it.
