How To Buy Bitcoin On Coinmama – Coinmama is a financial service that makes it fast, safe and fun to buy digital currency, anywhere in the world. We believe that the future of money is one where we, the people, are in control of our own economy. A future where there’s no place for middle-men, hidden fees and fine print.
To insist on that promise we deliver on that promise, we have come to work every day since 2013 to create the simplest financial service out there – spoken in a language you can understand, and backed by customer service you can count on
Over the years many people who are passionate about the decentralized cryptocurrency bitcoin have made some wild predictions of what the price would be a few years later. Some individuals predicted that bitcoin would reach phenomenal price ranges around $10,000-20,000 USD — The Fact is, lots of these believers were right, and the digital asset bitcoin reached an all-time high of $19,600 per BTC on December 16, 2017. Now in 2018, many people wonder what the new year will bring as far as bitcoin’s value and what kind of forecasts people have for the price over the next eight months and beyond.
- you can purchase digital currency with any credit/debit you own as long as it’s a Visa or MasterCard.
How to Sell Your Bitcoin
How to Sell Your Bitcoins
- From time to time, CoinMama clients are interested in selling Bitcoins. As you can see on our site, the Sell Bitcoin feature isn’t active yet, but we’re nearly there…
Your options for selling Bitcoins as for today, are through various Bitcoin exchanges or private individuals that buy and sell Bitcoins.
- Depositing Bitcoins into the exchange is pretty fast of course. The moment your bitcoin transaction has 2 to 3 verification’s, the exchange will add your Bitcoins to your Bitcoin balance, which can then be sold instantly and exchanged into fiat currency. However, waiting for the exchange to verify your account and actually withdraw your Dollars, Euros or what not can take between 3 to 5 working days.
- The second option we mentioned above is to find a person willing to buy your Bitcoins directly from you.
The site will help you find local agents around you based on your country and city. Once the site connects between the two parties, it’s up to them to decide the method of payments involved and possible fees that will be charged. As these transactions are unregulated, a certain degree of trust is required in all situations.
- CoinMama plans on enabling the Sell Bitcoin feature ASAP, allowing our clients to sell Bitcoins instantly on our site and receive US dollars in return within minutes!
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