Coinmama is one of the oldest services that made it possible to buy bitcoins using a credit card. Just A few years ago it wasgoed unusual and the fees could go up to 20% for one buy.
The big switch wasgoed due to companies like Simplex that permitted merchants to confirm clients and reduce the risk of chargebacks.
Coinmama integrates Simplex so you can now pay with any Visa or Mastercard you have and for lower fees, inbetween 5%-6.5% (similar to other exchanges fees). And, the most significant thing is that you get your Bitcoins te a flash.
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WOULD YOU USE COINMAMA TO BUY BITCOINS USING A CREDIT CARD?
go to coinmama.com and pack ter the registration form on the huis pagina.
Use a valid email you have access to.
an “almost done” screen should show up.
a confirmation email will be bot sent to your email address.
Login to your email account and confirm the registration.
After completing your registration, re-enter coinmama.com
login to your fresh account.
you have to very first verify your account.
go to “my account” page” and click on “verify your account link” and go after the instructions.
On the “verify account” pagina you will be asked to upload a photo of a government issued ID, frond side and back side.
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use a a high quality pic, your cellular phone camera will do the job.
You can then choose both files and click on the green upland button.
After you have submitted the two pics (vuurlijn side and back side) wait for a confirmation email that your documents were received, and another email that your docs have bot approved.
Coinmama buying Bitcoin interface
Merienda your registration has bot approved, you can purchase your Bitcoins.
on the purchase pagina choose from a number of Bitcoin purchase options: a immobilized purchase, half a Bitcoin, or a finish Bitcoin. Thesis amounts emerge within the four blue squares spil well spil the cost of the currency te dollars or euros.
you can choose a dollar or a euro exchange rate.
Te addition to purchasing stationary amounts, you can scroll the scale using the blue button to increase or decrease the purchase amount.
You can inject your preferred quantity of Bitcoin the field on the left.
You can inject your preferred amount ter dollar or a euro ter the field on the right.
On payment method pagina click on the middle “payment using Simplex”.
before you proceed read cautiously your order summary on the right side of the screen.
After clicking on payment using Simplex you will be taken to the address pagina of your Bitcoin wallet.
come in the address cautiously or preferably copy it instead of writing it by hand.
Press the button to proceed and pop-up window will ask you to confirm your wallet address again.
now you’ll be taken to the Private Information screen to finish the transaction.
Come in the credit card details and your individual details.
The charge will emerge te your account spil simplex_coinmama.
If you are a very first timer on the webpagina, you will have to go through a quick verification process that has Two steps.
This approval process is being conducted by Simplex
You will be asked to confirm your email address by clicking on a verbinding that will be sent to the address you registered with.
Than a four-digit code will be sent to the cellular number you registered with.
The code will be delivered spil an audio rubdown. The phone code is valid for a brief period of time, so reaction the phone call and instantaneously come in the four digits.
This process is a one-time process and is carried out only on the very first purchase.
This is an example of the verification email sent to your account containing the details of the specific transaction.
Click on the listig to confirm.
Merienda the verification process is accomplish, you will go to a confirmation screen that looks like this.
you can to proceed with the transaction.
You vereiste terugwedstrijd to the payment screen.
If you have logged out of this screen do not worry, You can finish the process from your order pagina (see more details below).
If your credit card has bot approved and your payment has bot made, this is the screen that you will see.
At the same time, you will receive two consecutive emails to your email account, one from CoinMama, confirming that the transaction has bot successfully ended and is presently being processed.
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You can track the transaction status on your individual account screen.
If you have not ended the transaction, you can accomplish it from the orders pagina.
You can identify the transaction by a unique number attributed to it.
After the transaction has bot processed and the coins were actually purchased, you will receive two emails. One from coinmama confirming the transaction, including the purchase amount and the address to which the coins were sent.
A 2nd email from simplex company asking you to confirm the successful execution of the transaction by clicking on the verbinding.
after receiving the emails, you should see the coins ter your wallet.
A ended transaction will also show up on your orders screen with a finished status te green.
On Orders pagina you can track your Bitcoin transactions: Pending orders, orders that have expired, orders still te process and canceled orders.
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For each transaction you will receive a breakdown that includes the ID number of the transaction, the type of currency and amount of the purchase, the price at which the transaction wasgoed executed and its status.
Clicking the pending button will speelgoedpop up a screen that shows the details of the transaction.
You can determine whether to mampara or accomplish it.
If you choose to accomplish the transaction, you will be taken to the payment screen.