Developed in 2013 by NBV International, Coinmama is a cryptocurrency digital service company which gives safe and secure access to its users for buying cryptocurrencies like Ethereum and Bitcoin.
Registration at Coinmama
The registration process is very simple and easy at Coinmama. You can simply register with your mail id and submit your proofs to prove your identity. You identification proof is directly related to your buying of cryptocurrencies. The higher number of documentation proof provided by you, higher is the digital currency you can buy easily using Coinmama.
After logging in, you have to set up your SMS authentication and 2FA for keeping your account and transactions safe and secure. Although it is not mandatory, it is highly recommended.
The final step is to verify your account using the button on the left side. After verification, upload your documents/government ID which will help in setting the purchasing limit.
Different Levels of Purchasing limits
Level 1 is up to a limit of USD 15000$. For this level, you will need a government issued ID, a note with “Coinmama” written on it along with the “date” and your selfie holding that ID. The acceptable documents for the government id are:
- Driver’s License (Both the sides)
- A National ID card (Both the sides)
- International Non-US passport (Double page)
The next level gives you a purchasing limit up to USD 50,000$ which will need you to upload a utility bill along with the documents required in level 1. The acceptable utility bills are:
- Cable Bill
- Gas bill
- Electricity bill
- property tax
- Credit card statement
- Bank Statement
Note: The internet bills and paper bills are not accepted at Coinmama.
The highest level has a limit of purchasing up to USD 100,000$ which will require you to fill a form on the Coinmama website and contacting the support team personally.
Coinmama operates in more than 180 currencies worldwide and has more than 100 million customers like obanc. Its main feature is its safe service for buying different cryptocurrencies like ETH, BTC, LTC, XRP, BCH, QTUM, ETC via credit cards.