Coinmama Review 2026

How we tested Coinmama

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

Pros & Cons

  • All the most popular cryptocurrencies and coins are traded on the platform;
  • There are transactions with five fiat currencies including USD and EUR;
  • Optimized TradingView terminal for comfortable trading;
  • The exchange is characterized by high-speed transactions;
  • Simple registration and accelerated data verification process;
  • The exchange has official registration and operates under a license;
  • Loyalty program allows you to significantly reduce the trading commission;
  • Referral program with payments of 30% of referral commissions;
  • Mobile trading apps for iOS and Android.
  • No investment solutions;
  • No demo accounts;
  • No call center.

The Coinmama exchange is a platform for buying and selling cryptocurrencies and coins. Bitcoin (₿), Ethereum (Ξ), BitcoinCash, Ripple, Cardano, and other popular altcoins are traded on the exchange. Fiats are available in US, Canadian and Australian dollars, British pounds, and euros. Funds can be deposited and withdrawn through any channel, including credit and debit cards, bank accounts, and electronic payment services. Exchange clients receive a free multi-currency wallet at their disposal. Trading is carried out through the TradingView trading terminal in the browser and the mobile application. The advantages of the exchange are a low entry threshold, a high-speed platform, and instant transactions. There is a standard referral program, and there is no investment. Commissions for trading operations are average for the market, and they decrease with an increase in trading volume.

TU Expert Verdict

Editor at Cryptocurrency & Blockchain Department

Coinmama demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

Coinmama is a cryptocurrency exchange offering spot access to 10 cryptocurrencies and five fiat currencies, including USD and EUR. Its TradingView terminal is available through a browser and mobile app, and users receive a free multicurrency wallet. Funding is available by bank transfer or cryptocurrency, with no deposit fee and withdrawal fees of 0.1% to 0.9%.

However, a notable drawback is that Coinmama is registered in the United Kingdom and Ireland but is not regulated by a government authority. Maker and taker fees are 3.9%, and the platform has no demo account or investment products. Phone and live chat support are unavailable, while the minimum deposit is $100 or 5 BTC. Coinmama may suit users seeking simple fiat-to-crypto spot access, but may not suit cost-conscious traders or those needing broader markets or regulatory oversight.

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Coinmama User Reviews

Score:
The administration of the website shall not be liable for the accuracy of the reviews and does not have the technical ability to check the reviews for accuracy, as well as establish whether the authors of the reviews are indeed the customers of a specific company.
5 /10
4 total
  • 5-star
    0%
  • 4-star
    0%
  • 3-star
    75%
  • 2-star
    0%
  • 1-star
    25%
accid
1 year ago

Coinmama is officially registered and licensed, which already inspires confidence. This is a good sign for those who are careful when choosing a platform and prefer to work with companies that respect regulatory rules. However, the absence of demo accounts is a tangible drawback. It's a serious obstacle for beginners: there's no opportunity to practice safely, test strategies or simply get used to the platform without risking losing money. You'll have to learn immediately on real trades, which isn't for everyone.

Coinmama est officiellement enregistré et opère sous licence, ce qui inspire déjà une certaine confiance. C'est un bon signe pour ceux qui sont attentifs au choix d'une plateforme et préfèrent travailler avec des entreprises qui respectent les règles réglementaires.
Toutefois, l'absence de comptes de démonstration constitue un inconvénient tangible. C'est un obstacle sérieux pour les débutants : il n'y a pas de possibilité de s'entraîner en toute sécurité, de tester des stratégies ou simplement de s'habituer à la plateforme sans risquer de perdre de l'argent. Vous devrez apprendre immédiatement sur des transactions réelles, ce qui ne convient pas à tout le monde.

fxfx
1 year ago

I use the coinmama platform's mobile trading apps - I've installed them on both Android and iOS devices. Both apps work stably, the interface is user-friendly and intuitive. You can easily open trades, monitor charts and manage your account at any time, even when traveling. This really simplifies the trading process and makes it more flexible. But there's one point that's a little disappointing: the platform doesn't offer any investment solutions. There's no steaking, copy-trading or other passive income options. Everything is focused exclusively on active trading.

J'utilise les applications mobiles de trading de la plateforme coinmama - je les ai installées sur les appareils Android et iOS. Les deux applications fonctionnent de manière stable, l'interface est conviviale et intuitive. Vous pouvez facilement ouvrir des transactions, surveiller les graphiques et gérer votre compte à tout moment, même en voyage. Cela simplifie vraiment le processus de trading et le rend plus flexible.
Mais il y a un point qui est un peu décevant : la plateforme ne propose aucune solution d'investissement. Il n'y a pas de steaking, de copy-trading ou d'autres options de revenus passifs. Tout est exclusivement axé sur le trading actif.

josnia
1 year ago

Registering on the Coinmama platform was very easy - the process is really simple and straightforward. I particularly liked the fact that data verification was quick, with no unnecessary paperwork or long waiting times. The only thing that was a little frustrating was the lack of a call center. You can only contact support by e-mail or messaging, and sometimes you want a quick response by phone, especially in urgent situations. Otherwise, my impression of the platform is positive: a quick start-up and clear conditions create a comfortable working atmosphere.

L'inscription sur la plateforme Coinmama a été très facile - le processus est vraiment simple et direct. J'ai particulièrement apprécié que la vérification des données soit rapide, sans paperasserie inutile ni longs délais d'attente. Il a donc été possible de commencer à négocier presque immédiatement, sans perdre de temps avec de longues procédures.
La seule chose un peu frustrante est l'absence d'un centre d'appel. Vous ne pouvez contacter l'assistance que par courrier électronique ou par messagerie, et il arrive que vous souhaitiez obtenir une réponse rapide par téléphone, en particulier dans les situations urgentes.
Pour le reste, mon impression de la plateforme est positive : un démarrage rapide et des conditions claires créent une atmosphère de travail confortable.

  • Coinmama Commissions and Fees

    Score:
    This category evaluates trading costs and the transparency of deposit and withdrawal charges according to the Methodology. It covers spot and futures trading fees, P2P exchange costs, deposit/withdrawal fees, and tiered fee structures. The assessment ensures that fees are competitive and clearly disclosed, avoiding hidden or excessive costs. Each factor is scored based on defined criteria, contributing to the overall rating.
    5.2 /10

    Coinmama received a 5.2/10 score for its trading fees. While Coinmama is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.

    • No deposit fee
    • Spot fee above industry average

    What are Coinmama trading fees?

    We analyzed Coinmama’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.

    Coinmama trading fees vs competitors

    Coinmama Nexus Trade CoinMetro Industry average Based on the evaluation of over 100 leading crypto exchanges
    Spot, maker fee (%) Maker fees are charged when liquidity is added to the order book. This occurs by placing a limit order below the current market price for buy orders, or above the market price for sell orders. 3.9 0.22 0.1 0.15
    Spot, taker fee (%) Taker fees are charged when liquidity is removed from the order book. This typically happens when a trade is executed at the market price. 3.9 0.22 0.2 0.194

    What are Coinmama deposit and withdrawal fees?

    Deposit fee, % Important! Even if an exchange does not charge fees for deposits and withdrawals, there can also be fees from the payment system or cryptocurrency network used by the user. For example, the network fee for USDT TRC20 is typically around $1. 0
    Withdrawal fee, % 0.1-0.9%

    Does Coinmama offer P2P trading?

    No, Coinmama does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.

  • Regulation and Safety

    Score:
    Our evaluation encompasses several key factors, including government regulation, two-factor authentication (2FA), cold wallet storage of client assets, investor protection funds, KYC protocol adherence, year of foundation, and history of security breaches. Read more in our Methodology
    5.3 /10

    With a 5.3/10 score, Coinmama demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.

    • No successful hacks history
    • Cold wallet storage
    • 2FA
    • Not tier-1 regulated
    • Not U.S regulated

    We also compared Coinmama against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.

    Coinmama Security Factors
    Coinmama OKX Coinbase
    Tier-1 regulation
    No
    No
    Yes
    Government-regulated
    No
    Yes
    Yes
    Investor protection fund Provides compensation to users in case of financial loss due to unforeseen circumstances on the platform.
    No
    Yes
    Yes
    2FA
    Yes
    Yes
    Yes
    Facial recognition
    No
    Yes
    No
    Cold wallet storage The majority of user funds are held offline, reducing vulnerability to online attacks.
    Yes
    Yes
    Yes
    Successful hacker attacks We review publicly available information on past security breaches to assess the exchange's security track record.
    No
    No
    Yes

    Is Coinmama a regulated crypto exchange? Regulation is crucial for the security and legitimacy of a cryptocurrency exchange. We assess the exchange’s regulatory status and its impact on platform reliability.

    Coinmama is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean Coinmama is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.

    Is verification (KYC) mandatory at Coinmama?

    Yes, KYC verification is mandatory at Coinmama. You will need to complete the verification process before you can open an account and access the platform's full range of services.

    Is Coinmama available in the USA?

    Yes, Coinmama is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.

  • Deposit and Withdrawal

    Score:
    We evaluated the deposit and withdrawal experience, considering several key factors such as the range of available methods, transaction processing speed, minimum deposit requirements, and associated fees. Read more in our Methodology.
    4 /10

    Coinmama received a 4/10 rating for its deposit and withdrawal services. Coinmama offers limited funding options and may charge fees, which could be inconvenient for many users.

    • Many cryptocurrencies for deposits and withdrawals
    • Bank transfers for deposits and withdrawals
    • No deposit fees
    • No Google Pay option
    • No P2P transfer option

    Deposit and withdrawal options

    Coinmama supports the following deposit and withdrawal options: Bank transfers, Crypto.

    Coinmama Deposit and withdrawal options vs competitors

    Coinmama OKX Coinbase
    Bank transfers
    Yes
    No
    Yes
    Bank card
    No
    Yes
    Yes
    Crypto
    Yes
    Yes
    Yes
    PayPal
    No
    No
    Yes

    What is Coinmama minimum deposit?

    The minimum deposit at Coinmama is 100 USD/USDT or 5 BTC. The minimum trade size is 50 USD/USDT, which also serves as the minimum amount required to start trading on the platform.

    Coinmama minimum deposit vs competitors

    Coinmama OKX Coinbase
    Minimum deposit, USD or USDT 100 10 10
    Minimum deposit, BTC 5 5 1
    Minimum trade amount, USD/USDT 50 1 2

    Does Coinmama support fiat money?

    Coinmama supports fiat currency trading and account funding. The following fiat currencies are accepted: EUR, GBP, AUD.

  • Supported Coins & Markets

    Score:
    Evaluates the range of available cryptocurrencies, fiat currencies, and markets, as well as investment tools like staking, farming, and other yield options. Read more in the Methodology section.
    2.5 /10

    Coinmama received a score of 2.5/10 in this category, indicating a modest offering of assets and markets. While Coinmama covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.

    • Staking available
    • Fiat currencies supported
    • NTFs not available
    • Crypto futures not available

    Coinmama supported coins and markets vs competitors

    We compared Coinmama with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.

    Coinmama OKX Coinbase
    Supported coins 10 600+ 400+
    Futures/Perpetual contracts
    No
    Yes
    Yes
    Options
    No
    Yes
    No
    NFTs
    No
    Yes
    Yes
    Tokenized Assets Digital tokens representing real-world assets, such as stocks, bonds, commodities, or real estate.
    No
    Yes
    Yes
    TradFi Perps Perpetual futures contracts linked to traditional financial assets, such as stocks, indices, or commodities.
    No
    Yes
    Yes
    Prediction Markets Markets where users trade contracts based on the outcomes of future events.
    No
    No
    No
    Other Assets
    No
    No
    Pre-IPO

    Coinmama passive income options vs competitors

    We also compared Coinmama with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.

    Coinmama OKX Coinbase
    Staking
    Yes
    Yes
    Yes
    Yield farming
    No
    Yes
    Yes
    Copy trading
    No
    Yes
    No
  • Customer Support

    Score:
    We evaluated Customer Support at Coinmama based on the availability of live chat, email, phone support, ticket systems, help center resources, 24/7 assistance, multilingual support, and response time. Our assessment focuses on support accessibility and responsiveness. Learn the assessment criteria
    3.5 /10

    Coinmama provides below-average customer support, with noticeable limitations in communication channels, service availability, or additional assistance resources.

    During TU testing, the exchange received a relatively low score for support accessibility and responsiveness. Users may face difficulties obtaining timely assistance with account access, deposits, withdrawals, or trading-related issues.

    • Multilingual customer support
    • Support ticket system available
    • Comprehensive help center available
    • Live chat support unavailable
    • Phone support unavailable

    Coinmama Support Channels vs Competitors

    Coinmama OKX Coinbase
    Live Chat
    No
    No
    Yes
    Email Support
    Yes
    No
    No
    Phone Support
    No
    No
    No
    Ticket System
    Yes
    Yes
    Yes
    24/7 Support
    Yes
    Yes
    Yes
    Help Center / FAQ
    Yes
    Yes
    Yes
    Multilingual Support
    Yes
    No
    Yes
    Contacts
    Foundation date 2013
    Registration address 42 Pearse St., Dublin D02 YX88, Ireland
    Official site https://www.coinmama.com/
    Contacts support@coinmama.com +1 (650) 600-9939

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