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Coinmama

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Coinmama is another beginner friendly and focuses on credit and debit card purchases. They have instant delivery and sell Bitcoin, Ethereum, Ripple, Litecoin, BCash, Cardano, Qtum and Ethereum Classic to almost all US States, and most countries.

Coinmama’s fees are slightly higher than Coinbase at 5.5% when a credit or debit card is used.

Coinmama doesn’t provide its users with a wallet on the exchange. Instead, users are asked to provide a wallet address to send the purchased cryptocurrency to. As long as you have your own wallet, this shouldn’t be an issue!

Please note that Coinmama doesn’t let you sell cryptocurrency back to fiat currency. This can be done on other mentioned exchanges after purchasing.

Why Use Coinmama?

You should use Coinmama if:

  • You plan to purchase cryptocurrency with a credit or debit card

  • Your country is not supported by Coinbase

  • You have a cryptocurrency deposit address for Coinmama to send purchased crypto to

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