Updated: Feb 21, 2019
Today we are going to discuss the Coinmama platform, a financial services website established in 2013, which allows users to buy and cryptocurrency. In fact, Coinmama currently offers eight(8) different currencies which includes Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Ethereum Classic, Qtum and Cardano. The best part is this can done using just a debit or credit card. You will need a wallet to store your cryptocurrency so if you don't have one yet head over to crypto wallets and pick a suitable wallet for your needs as you will find both digital wallets for desktop & mobile plus hardware wallets or ethereum wallets. Coinmama is currently available in 188 countries including India which is much more convenient then their competitors like Coinbase which only covers 32 countries. The platform is very simple to use, after creating your account all you do is select the currency you want to buy or sell, select the amount, then hit the buy or sell button, that's it.
COINMAMA BUY OPTIONS
Cardano is "a decentralized public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers"
Qtum is "a decentralized and open-source smart contracts platform and value transfer protocol. Qtum uses proof-of-stake consensus, meaning node operators are rewarded for validating transactions. A DGP governed blockchain where community participants can vote to change certain network parameters."
Let's not forget about Ripple as we get many users having trouble when trying to figure out where to buy the currency. This selection of currencies offered by Coinmama gives the company a leg up because no other exchange currently offers the ability to buy all these in one place using a debit or credit card.
188 Countries and Counting
With such a massive network everyone can enjoy using Coinmama. I have received a lot of questions from residents living in India asking how to buy bitcoin. Well look no further because India can also now buy or sell their cryptocurrency on the platform as well. This is a very exciting time as blockchain technology grows and transforms into everyday life. We feel everyone should be able to buy cryptocurrency in the simplest way possible and theirs no better platform than Coinmama.
If you haven't tried Coinmama yet then Do We definitely recommend it because this company is a valuable, dedicated to users around the world. With the simplicity of the website anyone can use it without issues. What we really enjoy about Coinmama is the transparency they have with their users.
(Screenshot of Coinmama staff)
If you ever run into an issue or have a question support staff is just a click away to give a lending hand. This company is a solid platform and with trying out.
* Correction: we stated Coinmama offered both buy and sell services, however they currently only offer buy services at this time. We apologize for the confusion.*