Coinmama Reviews 878

TrustScore 3.5 out of 5

3.4

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Rated 2 out of 5 stars

When I purchased from Coinmama a few years ago, everything went fine. Having not used their services since then, I recently tried to close my account. Because I was unable to close my account per thei... See more

Rated 1 out of 5 stars

I made two USDC purchases less than 2 hours apart using the same method (Google Pay). • 70 ILS → ~16.5 USDC • 32 ILS → ~2 USDC That’s an insane fee difference, effectively 80–100% fees on... See more

Company replied

Rated 5 out of 5 stars

Great overall experience. Fast and hasslefree. Excellent support. If you looking for a quick way to purchase some crypto look no further. Coinmama does exactly that. Simple and intuitive interface. Al... See more

Company replied

Rated 5 out of 5 stars

I’d like to know how much truth in all the negative feedbacks I’m seeing here. I live in Alberta, and I don’t want to deal with eastern provinces app. So, looking at all the recent feedbacks more are... See more

Company replied

Company details

  1. Cryptocurrency Service
  2. Alternative Financial Service
  3. Currency Exchange Service
  4. Financial Consultant
  5. Non-Bank Financial Service

Written by the company

Coinmama makes buying digital assets simple, smooth and secure from anywhere in the world. You can easily buy and sell cryptocurrencies with a host of convenient payment methods. Choose from a hand-selected range of top digital assets. Getting set up takes just a few minutes. The Coinmama Wallet offers one of the best self-custody solutions in the industry. Buy, sell, and securely store your crypto all in one easy-to-use app. Instant Bitcoin and Ethereum transactions. Easy setup. Bulletproof security. Coinmama's goal is to make things easy for our customers but, if you get stuck, Coinmama has the friendliest customer support team in the industry standing by 24/7. Crypto doesn’t need to be cryptic, which is why Coinmama has built a beginner-friendly platform, trusted by millions of loyal customers, that has stood the test of time.


Contact info

3.4

Average

TrustScore 3.5 out of 5

878 reviews

5-star
4-star
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1-star

No history of asking for reviews

This company hasn't invited their customers, so reviews may not be representative

Replied to 62% of negative reviews

Typically takes over 1 month to reply

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Rated 5 out of 5 stars

I have been using this plateform for…

I have been using this plateform for one month, it has good customer support survice.

17 April 2023
Unprompted review
Coinmama logo

Reply from Coinmama

Hello Ugrasen,

Glad to hear you enjoyed your Coinmama experience, we are over the moon to have you!

The entire Support Team is happy to assist with any problem that may occur! We understand you deserve a smooth and efficient way of buying your coins & this is what we provide!

We are very happy to have such amazing customers like you! Never hesitate to contact us if you need us!

Wishing you a wonderful day :)

- The Coinmama Team

Rated 5 out of 5 stars

Amazing customer service

Amazing customer service: In the US at least, you get a reply back generally in a few hours, and once the ticket has been opened, it's not uncommon to get a reply back in under a half hour even though they're based I believe in Dublin, Ireland. The customer service is the primary reason I stick with them even though their fees are higher (they probably pay the employees more, hence the better CS). Also the web interface for buying bitcoin is super simple and easy. Verification is pretty straightforward: you just upload the required docs and it gets processed fairly quickly. For Level 1 trading it's faster. For levels 2 and 3 which have greatly higher limits, you simply provide financial documents proving income. They comply with KYC in the US so it's not a fly by night shady type of operation, nor have they had any scandals or issues with customer funds like some other exchanges have in 2023 (I'm looking at you Coinbase/FTX/Gemini/3 Arrows). In fact: THEY DON'T ACTUALLY EVER HOLD YOUR FUNDS AT ALL: When you buy bitcoin from them, you have to supply your own wallet (I use ZenGo): so as soon as your transaction finishes (generally 15-45m depending on if it's the weekend or weekday and time of day), it instantly goes right to your wallet. In fact, they don't even have a wallet, or the ability to retain or store your tokens: you have full control over that so there's zero chance you'll be stuck in a Gemini/FTX situation with your coins held hostage, since once the transaction finishes it instantly goes to your wallet of your choice.

16 April 2023
Unprompted review
Coinmama logo

Reply from Coinmama

Hey Jeff!

Thank you for leaving us a fantastic review, we truly appreciate you taking the time!

Our Customer service team is second to none because we understand that your time is valuable. Once we hear about any issues, we immediately take it on board and start to resolve the situation, providing transparency throughout to ensure your mind is at ease!

We do however have a Crypto wallet that allows users to store, send and receive their coins in a completely decentralized wallet available on your IOS or Android device - Please search Coinmama on the app store to enjoy the security of a Coinmama wallet at your fingertips.

You are correct, we never hold your funds, the moment we get the funds in our bank, we go ahead and send the coins to your wallet as per your request! Depending on the payment method, your coins can arrive within 1 hour - 3 business days for Wire orders.

We would like to thank you again for writing such as kind review & we truly hope to see you back with us to continue your Coinmama journey ASAP!

Wishing you a wonderful day,

- The Coinmama Team

Rated 5 out of 5 stars

Not a great experience but the customer service made up for that.

Had a account since last year and then was asked to verify again. Had numerous issues which went on for nearly a week!! It did feel painful at times but the customer service was second to none. Really helpful and responsive. Happy to say issues now resolved, so thank you. Especially Conor who went out of his way and followed up the case to insure it got fixed. Definitely recommend

14 April 2023
Unprompted review
Coinmama logo

Reply from Coinmama

Hey Jason,

We really appreciate you taking the time to write some positive feedback! Sorry to hear about the delay you faced, we realy appreciate you sticking with us!

We take the best care of our customers because, without our amazing customers, Coinmama would not be here! We are more than happy to help out with whatever issue you may come across, no matter how big or small. We aim to get your coins to you as fast and efficiently as possible.

Thanks again for your warm words. Never hesitate to contact us if you need us in the future!

- The Coinmama Team

Rated 5 out of 5 stars

Sabir has been simply awesome

Sabir has been simply awesome. Coinmama is a very user-friendly wallet with no issues. Thank you for the great service. I can highly recommend this.

4 April 2023
Unprompted review
Coinmama logo

Reply from Coinmama

Hey Anna,

We really appreciate you taking the time to write some positive feedback!

We take the best care of our customers because, without our amazing customers, Coinmama would not be here! We are more than happy to help out with whatever issue you may come across, no matter how big or small. We aim to get your coins to you as fast and efficiently as possible.

Thanks again for your warm words. Never hesitate to contact us if you need us in the future!

- The Coinmama Team

Rated 5 out of 5 stars

Coinmama is responsive and trustworthy. Thank you!

Coinmama is trustworthy and they respond to you in a good manner and take care of you as a client. Thank you!

10 April 2023
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Reply from Coinmama

Hey Afrah!

We are thrilled you enjoyed your Coinmama experience!

Our customer service is what separates Coinmama from the crowd and are are proud to uphold that reputation! If you ever have any questions, our Happiness Heroes are here to help :)

We hope to see you back with us very soon to continue your Crypto Journey! Thanks again for the kind review.

- The Coinmama Team

Rated 5 out of 5 stars

Very helpful when my account personal…

Very helpful when my account personal information had to be changed due to the email address and phone number on my account was no longer correct because both were deleted and I had no access to either of them.

9 April 2023
Unprompted review
Coinmama logo

Reply from Coinmama

Hey Kevin!

Thanks for the 5 stars :)

We also like to help out! Please contact support@coinmama.com if you have and questions in the future & one of our Happiness Heros would be happy to assist ASAP!

Wishing you the best :)

- The Coinmama Team

Rated 5 out of 5 stars

Very good support services

9 April 2023
Unprompted review
Coinmama logo

Reply from Coinmama

Hey Lesly

We really appreciate you taking the time to write some positive feedback!

We are more than happy to help out with whatever issue you may come across, no matter how big or small. We aim to get your coins to you as fast and efficiently as possible.

Thanks again for your warm words. Never hesitate to contact us if you need us in the future!

- The Coinmama Team

Rated 5 out of 5 stars

very happy great service..

Service great quick delivery no problems always been great. Cheers

9 April 2023
Unprompted review
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Reply from Coinmama

Hey Kathryn

We really appreciate you taking the time to write some positive feedback!

We are more than happy to help out with whatever issue you may come across, no matter how big or small. We aim to get your coins to you as fast and efficiently as possible.

Thanks again for your warm words. Never hesitate to contact us if you need us in the future!

- The Coinmama Team

Rated 5 out of 5 stars

Good thanks team

8 April 2023
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Reply from Coinmama

Hello Tam.

We really appreciate your feedback!

Our goal is to help you get your crypto as quickly and efficiently as possible. We feel you deserve the fastest and most secure deliveries of your Coins, which is why we work hard around the clock to create a seamless buying environment!

It was a pleasure speaking with you! We hope to see you back soon.

- The Coinmama Team

Rated 5 out of 5 stars
Coinmama logo

Reply from Coinmama

Hey Muhamad,

We really appreciate you taking the time to write some positive feedback!

We are more than happy to help out with whatever issue you may come across, no matter how big or small. We aim to get your coins to you as fast and efficiently as possible.

Thanks again for your warm words. Never hesitate to contact us if you need us in the future!

- The Coinmama Team

Rated 1 out of 5 stars

They require you to take a selfie with “Coinmama” written on a piece of paper…

They require a selfie of yourself holding your ID and the word “Coinmama” on a piece of paper. Why do they need Coinmama written on this paper? The requirement should be to purposely confirm your identity with your photo/ID and validate it is you and nothing more. There is no reason that you should have to write “Coinmama” and submit it with your photo! This is a violation of your privacy and an attempt to advertise “Coinmama” with your picture! A horrible scenario to have you sign up for their service, and promote “Coinmama”. There are other exchanges to purchase cryptocurrency. I don’t feel comfortable submitting my photo on a piece of paper with a heading of “Coinmama” while holding a secure document identifying me. My drivers license advertised with Coinmama poses a threat to my security because once it is submitted to Coinmama it becomes their property to exploit however they want! Does Coinmama reserve advertising rights after this photo is submitted? How is this information utilized? Why do they require you to write Coinmama as part of the verification process? I have never encountered this in my 59 years of life submitting important documents to anyone! In my profession I have been required to submit fingerprints, photos and background information to confirm identity, never a selfie photo with the company name written on a piece of paper with my ID! After this nonsense I submitted my information to Coinbase a leader in cryptocurrency exchange. The sign up was easy and trustworthy. No required “selfie” holding a piece of paper displaying the company name and my drivers license! I know your Coinmama response to this evaluation will include a full analytical security and privacy statement.. which I feel is distrustful.

7 April 2023
Coinmama logo

Reply from Coinmama

Hi there!

I am more than happy to explain to you why we need the required document in order to verify your Coinmama account.

To abide by global and internal policies, we ask for a simple KYC requirements such as your ID and selfie with your Coinmama note. This is a very easy process and only takes 3 minutes to complete. We have nearly 4 million users who have completed the process and are now efficiently & securely buying coins with us.

It is vital to understand, these selfie requirements are no way meant to for advertisement purposes as you have mentioned in your review. Their only purpose is for secuity, nothing else.

If you do not feel comfortable uploading a picture online, that is totally your decision. Please do some research and find out what KYC regulations are in place and from there chose an exchange best suited to you.

Sadly our verification team has deemed your account unsuitable for purchases seeing as you have not uploaded the correct documents & included provoative language in the documents you did upload. Please find another service to buy your coins.

- The Coinmama Team

Rated 1 out of 5 stars

WHAT WAS ACTUALLY WRONG WITH MY VERIFICATION THAT I SUBMITTED

I submitted my verification photo with my driver's license and a hand printed Coinmama and JUST BECAUSE IT WAS "hand printed " you come back to me and say that it wasn't good enough.
SO WHAT DO YOU WANT AND HOW TO EXPECT ME TO RESPOND AND FEEL ABOUT MY EXPERIENCE WHEN YOU DON'T EVEN SAY HOW TO PROPERLY SUBMIT MY VERIFICATION.
DOES IT HAVE TO BE WRITTEN IN RUNNING WRITING ????????

5 April 2023
Coinmama logo

Reply from Coinmama

Hi there!

I am not sure what you mean? I can see you are already verifed!

We do hold high standard of verification documents here at Coinmama in order to ensure the saftey for our users. This does sometimes cause a small delay while you re-take clearer selfie, I hope you understand it is for a good reason and not personal.

If you have any further questions, feel free to email support@coinmama.com and we hope we can update this poor review you have left us into a good one,

Wishing you the best.

- The Coinmama Team

Rated 5 out of 5 stars

Outstanding Dog loving people

They contacted me about my issue, before I had a chance to inform them!

Amazing customer service as always. Stayed with me evey strp of the way. Dog friendly, polite and efficient company.

7 April 2023
Unprompted review
Coinmama logo

Reply from Coinmama

Hey Mickwa,

We really appreciate you taking the time to write some positive feedback!

We are more than happy to help out with whatever issue you may come across, no matter how big or small. We aim to get your coins to you as fast and efficiently as possible.

Thanks again for your warm words. Never hesitate to contact us if you need us in the future!

- The Coinmama Team

Rated 5 out of 5 stars

Coinmama just give me a protected…

Coinmama just give me a protected Trust,your information are safe and you can't be hacked in,if you login details are kept safe,fast buying and always there to assist you

5 April 2023
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Reply from Coinmama

Hello Kelvin.

We really appreciate your feedback!

Our goal is to help you get your crypto as quickly and efficiently as possible. Secuirty is also our a main priority here & we are glad you agree!

It was a pleasure speaking with you! We hope to see you back soon.

- The Coinmama Team

Rated 5 out of 5 stars

easy go..

easy go .. nice towork

4 April 2023
Coinmama logo

Reply from Coinmama

Hey there,

We really appreciate you taking the time to write some positive feedback!

We take the best care of our customers because, without our amazing customers, Coinmama would not be here! We are more than happy to help out with whatever issue you may come across, no matter how big or small. We aim to get your coins to you as fast and efficiently as possible.

Thanks again for your warm words. Never hesitate to contact us if you need us in the future!

- The Coinmama Team

Rated 5 out of 5 stars

5 star good site nice support

4 April 2023
Unprompted review
Coinmama logo

Reply from Coinmama

Hey there Yaser!

We are glad you had a positive experience with Coinmama.

We know our customers deserve clarity and efficiency when making Crypto purchases & this is what we provide! We are ready to help out with any issue that may occur.

We really hope to see you back soon!

- The Coinmama Team

Rated 5 out of 5 stars

I had someone helping me through it

I had someone helping me through it. i
Iwas having trouble getting my passport on.

3 April 2023
Coinmama logo

Reply from Coinmama

Hi there!

Thanks for the 5 stars!

We have sent you an email asking for more information about the help you recieevd while creating this account, please know Coinmama does not provide a broker / account manager servcie and using one breaches our terms of service,

We look forward to hearing back from you!

- The Coinmama Team

Rated 5 out of 5 stars

Good app

I had a wonderful experience

3 April 2023
Coinmama logo

Reply from Coinmama

Hello Roydon,

Glad to hear you enjoyed your Coinmama experience, we are over the moon to have you!

The entire Support Team is happy to assist with any problem that may occur! We understand you deserve a smooth and efficient way of buying your coins & this is what we provide!

We are very happy to have such amazing customers like you! Never hesitate to contact us if you need us!

Wishing you a wonderful day :)

- The Coinmama Team

Rated 5 out of 5 stars

Professional business

The operative who i spoke with gave good clear guidance as to what was going to solve my problem, very professional, polite and sorted the hiccup out with no messing
Very pleased with the way they conduct their business

30 March 2023
Unprompted review
Coinmama logo

Reply from Coinmama

Hello Gary,

Glad to hear you enjoyed your Coinmama experience, we are over the moon to have you!

The entire Support Team is happy to assist with any problem that may occur! We understand you deserve a smooth and efficient way of buying your coins & this is what we provide!

We are very happy to have such amazing customers like you! Never hesitate to contact us if you need us!

Wishing you a wonderful day :)

- The Coinmama Team

Rated 5 out of 5 stars

Documents as proofs of the person…

Documents as proofs of the person signing up were asked to be submitted. This is an effective and efficient method for authenticity purposes.

1 April 2023
Coinmama logo

Reply from Coinmama

Hello Neth,

Glad to hear you enjoyed your Coinmama experience, we are over the moon to have you!

The entire Support Team is happy to assist with any problem that may occur! We understand you deserve a smooth and efficient way of buying your coins & this is what we provide!

We are very happy to have such amazing customers like you! Never hesitate to contact us if you need us!

Wishing you a wonderful day :)

- The Coinmama Team

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