Coinmama Supported Countries | Operational In Your Country?
Mike Harry
Feb 2024
3 min read
Fact checked
Introduction: In this breakdown, we provide an overview of which countries are are permitted to use Coinmama's services, and which countries are prohibited. Whether you are interested in signing up to Coinmama or simply curious about the accessibility of this exchange in different parts of the world, we provide you with the necessary information!
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
Coinmama Supported Countries
Coimama Ltd is a cryptocurrency platform that was established and registered in Ireland in 2013 by Asaph Schulman.
Coinmama supported countries
With a diverse team of over 60 employees, Coinmama offers crypto services in 188 countries around the globe.
The platform only supports 20 different cryptocurrencies, has a user base of 3 million people and has 10,000 app downloads.
Coinmama exchange is available in over 180 countries worldwide. Some of the supported countries include the United States, Canada, Australia, United Kingdom, Germany, France, Brazil, and South Korea.
Coinmama Restricted & Banned countries
When it comes to the countries that are restricted or excluded from using the services offered by Coinmama, this includes countries like: Israel, Japan, Nigeria, and the U.S. states of Hawaii and New York.
Is Coinmama available in the US?
Coinmama operates in multiple countries around the world including the United States. Users from the US can register an account on the platform and buy and sell from a limited selection of 20 cryptocurrencies.
The one caveat is that Coinmama is not available in the States of Hawaii and New York.
Is Coinmama regulated and licensed?
Coinmama is operated by Cmama LTD which is a regulated Money Services Business registered with FinCEN and FINTRAC.
As part of its regulatory commitments, Coinmama executes Know Your Customer (KYC) and Anti-Money Laundering (AML) processes.
Can I use Coinmama in the UK?
UK users can access the Coinmama website, create an account, and proceed with purchasing cryptocurrencies using payment methods such as credit/debit cards or bank transfers.
Coinmama supports GBP (Great British Pound) as one of the accepted fiat currencies on the platform.
Can I use Coinmama in Canada?
Canadian citizens are permitted to signup and use the services offered by Coinmama.
Where is Coinmama registered?
Coimama Ltd is founded and registered in Ireland.
Is Coinmama legit?
While Coinmama is a legit crypto exchange that is regulated by FinCEN and FINTRAC, we do not advise using it as it offers a very limited range of cryptocurrencies and very high buying and selling fees.
Instead, we recommend eToro as an alternative which is also regulated and safe to use and which offers 1000s of digital assets to chose from including many cryptocurrencies like BTC, ETH, SOL, DOT and many others.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
