Coinmama – An Alternative to Coinbase

As I have been doing my research on different places to purchase Bitcoin, I came across Coinmama.

The site is pretty straightforward.

You can buy two different cryptocurrencies: Bitcoin and Ethereum.

Pros:

You can use a credit card to purchase coins (which is a perk for some).

The authorization process was quick and simple.

The sign-up process was easy.

Purchase was quick and I received my Bitcoins fast.

You can buy coins using any currency.

Cons:

The fees are a little high

They only offer two coins (unlike Coinbase)

Can’t sell the coins on the platform.


Overall – I liked the ease of use, but I personally prefer Coinbase to make my purchases. I will keep my Coinmama account for the instances when Coinbase gets swamped with orders and I need coins fast.

CW

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