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Coinmama Bitcoin Buying Tutorial Step-by-step

Coinmama is a popular exchange where you can buy Bitcoin easily and quickly. The company has integrated Simplex, which makes it possible to buy Bitcoin and Ethereum directly with your VISA/MasterCard. There are also other payment methods available in selected regions. Coinmama offers the safest way to buy Bitcoin because it’s transferred directly to your private Bitcoin wallet. Follow our easy step-by-step instructions below to buy Bitcoin directly with your bank card!

1. Create account

The first step is to open an account at Coinmama. Fill in your email, first and last name, password, and country of residence. That’s all that’s needed! You will then receive an e-mail to confirm your information. Click here to open an account.

2. Verify your account

When you log in, you need to verify your account before you can buy Bitcoin. First you have to fill in some personal information and then upload a picture of yourself and your ID card. We have attached an image below with clear instructions along with different account levels. The more information you verify, the higher your buying limit will be. Log in and navigate to “My Account” -> “Verify your account” and follow the steps to verify your account.

Coinmama verify account

3. Enter amount to buy

Coinmama will check your personal information and then notify you when you can buy Bitcoin. This is usually done fast but may take longer if there are many new users. Once your account is verified, click “Buy Bitcoin” in the navigation menu and specify the amount you want to buy.

Coinmama buy bitcoin

4. Select payment method

The next step is to choose the payment method. The most common and easiest is to use your credit/debit card. In some regions, other payment methods are available. In this guide, we select “Credit/Debit card via Simplex”.

Coinmama payment methods

5. Enter your Bitcoin address

Then you can enter the address to which wallet Coinmama will transfer your Bitcoin. Don’t you have a Bitcoin address? In that case, we recommend that you buy a hardware wallet to store your Bitcoin securely. Once you have entered your Bitcoin address, you may need to confirm it with an email from Coinmama.

Coinmama bitcoin wallet address

6. Enter card details and buy Bitcoin!

The last step is to enter payment information and card details. Your information will be verified automatically, and Bitcoin will be sent to your wallet. Now you have bought Bitcoin!

Coinmama bitcoin payment

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