4.5/5
“Coinmama has been a gamechanger in the crypto world”
Pros : Considering the fact that you are buying crypto with a credit card, the interest fee is too nominal. Even if you are buying in bulk, the interest rates don’t hurt in the long term because crypto coins often give twice the returns of the annual interest fee in just 24 hours. So, you can literally pay back the credit before 45 days, and avoid paying the interest
Cons : The verification process on Coinmama is pretty strict, I must say. It’s literally an annoying experience sometimes, especially if you are in a rush to trade and the markets are going out of control. Getting stuck in the verification process in such stages can lead to missed profit opportunities. I hope they will solve this issue in the future.
Switched from : WazirX
Reason to switch : Coinmama offers a credit card payment facility, unlike any other crypto exchange. That’s the reason for my switching decision.