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Author: Admin | 2025-04-27
Simply requires you to provide Coinmama with proof that you are exactly who you say you are. You do this by uploading a copy of your passport or driver’s license.1. Creating an account with CoinmamaThe first step we need to take is to head on to their website www.coinmama.com and click on “Register” which can be found in the upper right corner of the homepage.To create an account, you need to provide your email address, a password for the account, your complete name (first, middle, last) and your country of residence. Once all required data has been provided, the next step is to confirm the account.Once an account is created and you have successfully logged into your new Coinmama account, you will see a similar picture as shown above.This shows your account page and everything that you need to know in regards to purchasing coins from them.2. Account VerificationRight after your registration, you’ll be given an unverified account. In order to transact and start purchasing Bitcoins or Ethereum, you first need to verify your account.A verified account can be achieved by providing sensitive information to the exchange website. Information needed is your complete address, country of residence, city of residence, and some documents to prove your identity. In general, the more information you provide about your identity, the more level of verification you can attain, and the more you can buy from Coinmama.Level 1The maximum limit for level 1 is 10,000 USD. To get your account out from being UNVERIFIED, you only need to provide one government issued ID. Here are the accepted ID’s:Note: that submitting ID’s means that you need to upload clear pictures of your ID showing the front and back of it.PassportNational ID CardDriver’s LicenseLevel 2The limit for level 2 account is 50,000 USD. In order for an account to reach level 2, you need to get your account to level 1 first. You need to submit an additional ID prior to what you already submitted for level 1 to get your account upgraded to level 2. Accepted ID’s are just the same as the ones mentioned above. Now apart from the mentioned second ID requirement you need to provide the following:Utility Bill (Water, Electricity bills) showing your nameA picture (selfie) of you holding any of the submitted ID’sLevel 3There is no restriction to the number of trades you can execute with this level. According to Coinmama, level 3 account holders can purchase up to 1 Million US Dollars’ worth of Bitcoin. You can contact the support team on the details of how to upgrade your account to level three if need be.Making Purchase from CoinmamaTo purchase any amount using your credit card you first need to complete your profile. Completing a profile would raise your account limits, which brings us to our next subtitle.Click on “Buy Bitcoins” and you will be redirected to the purchasing page as shown below:On the purchasing page as shown in the diagram above, choose the amount of Bitcoin or Ethereum you
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