Company Information

Get to know Coinmama

Founded in 2013, Coinmama established itself as one of the early and more user-friendly platforms for purchasing cryptocurrencies like Bitcoin and Ethereum. Operating under the legal entity Cmama Ltd., its mission was to make buying digital currency simple, fast, and secure for a global audience. Unlike a traditional exchange that matches buyers and sellers, Coinmama operated as a broker, selling cryptocurrency directly to customers from its own inventory. It served millions of customers in over 180 countries, offering various payment methods including credit/debit cards and bank transfers. In early 2024, Coinmama announced it was ceasing its services and winding down operations.

Industry

Crypto BrokerPRIMARY
Crypto Cryptocurrency
Financial Other Service

Contact

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Coinmama

Ireland

Founded in

2013 (13 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.