What is Coinmama?
Coinmama is a cryptocurrency broker/exchange that is located in Israel. Originally created in 2013, the platform offers a fast, safe and fun way to buy a digital currency from anywhere in the world.
Coinmama users can buy and sell crypto currencies like bitcoin, bitcoin cash, litecoin, ethereum, tezos, ripple, cardano, dogecoin, uniswap and chainlink. However, users can only sell bitcoin for fiat currency (such as U.S. dollars) on the exchange, users looking to cash in other cryptocurrencies or make cryptocurrency-to-cryptocurrency trades are unable to do so. Users select how much they want to buy, either by U.S. dollar amount or amount of bitcoins.
The site sells fractional shares of bitcoin, so you can make purchases for as low as $30 worth of bitcoin based on its current spot trading price. Sales of bitcoin have a $100 minimum.