Coinmama review

Coinmama charges taker fees of 0.99% to 3.9% on trades, which is the cost that matters most here. That sits above the site median of 0.2% and above the 0.25% typical of buy crypto platforms, so anyone trading often pays more than the category norm.

Crypto withdrawals carry no transaction fee, so the platform adds no charge for moving coins to your own wallet. The expense in a round trip still includes the taker fee of 0.99% to 3.9% paid on the trade, and that is where the real cost sits.

Coinmama lists from 500 coins. That is a longer list than the 60 seen in the buy crypto category, though Bitpanda's list starts higher at from 650 for anyone chasing a deeper catalogue.

Deposits run through card, bank and sepa, covering card, bank transfer, SEPA and mobile wallet payments. Card funding is the most common method in the category, at 52.6% of buy crypto platforms, so the card route is well trodden. SEPA and bank transfer suit euro area funding.

Coinmama runs a self custody setup, so coins can be sent to a wallet you control rather than sitting as a platform balance. Most exchanges in the category are custodial, at 78.8%, which makes this the less usual arrangement.

Yes, Coinmama is a centralised exchange, the type that makes up 87.8% of the exchanges compared. It pairs that centralised model with self custody delivery, so the trade runs on the platform while the coins can move to a wallet you hold.

Coinmama's taker fee of 0.99% to 3.9% is the heaviest of the brands compared here. bunq charges 0.25% to 1.99% and ActivTrades charges 0%, so frequent traders pay more at Coinmama than at either of them.

Coinmama fits buyers funding through card, bank and sepa who want coins delivered to self custody. It suits occasional buying more than active trading, because taker fees of 0.99% to 3.9% sit above the 0.2% site median.