Coinmama is a global cryptocurrency broker that was launched way back in 2013. This exchange service is owned by New Bit Ventures Limited, who have their headquarters in Israel. Although Coinmama is deemed an exchange service, users are limited to just buying specific cryptocurrencies, as opposed to trading them. Presently, the only cryptos available to buy on Coinmama are Bitcoin and Ethereum.

Advantages

The advantage of using Coinmama is that it’s available in a large number of countries. In fact, it supports the widest range of nations; almost 200. These include countries like Algeria, Belgium, Kenya, Thailand, UAE, just to name a few. The only countries that aren’t supported are those that have been sanctioned. Coinmama also supports states in the U.S. including Colorado, Kentucky, South Carolina, Texas, etc. Coinmama also allows buying cryptocurrency with credit cards and offers some of the highest limits among brokers that accept credit cards. You are able to buy up to $5000 worth of Bitcoin in a day and up to $30,000 per month.