Coinmama Reviews 

879
TrustScore 3.5 out of 5

3.3

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Rated 1 out of 5 stars

I made two USDC purchases less than 2 hours apart using the same method (Google Pay). • 70 ILS → ~16.5 USDC • 32 ILS → ~2 USDC That’s an insane fee difference, effectively 80–100% fees on... See more

Company replied

Rated 2 out of 5 stars

[coinmama] .....Their prompt response and high level of professionalism allowed my withdrawal issue to be resolved efficiently and without unnecessary complications. I greatly value the clarity of the... See more

Rated 5 out of 5 stars

Great overall experience. Fast and hasslefree. Excellent support. If you looking for a quick way to purchase some crypto look no further. Coinmama does exactly that. Simple and intuitive interface. Al... See more

Company replied

Rated 5 out of 5 stars

I’d like to know how much truth in all the negative feedbacks I’m seeing here. I live in Alberta, and I don’t want to deal with eastern provinces app. So, looking at all the recent feedbacks more are... See more

Company replied

Company details

  1. Cryptocurrency Service
  2. Alternative Financial Service
  3. Currency Exchange Service
  4. Financial Consultant
  5. Non-Bank Financial Service

Written by the company

Coinmama makes buying digital assets simple, smooth and secure from anywhere in the world. You can easily buy and sell cryptocurrencies with a host of convenient payment methods. Choose from a hand-selected range of top digital assets. Getting set up takes just a few minutes. The Coinmama Wallet offers one of the best self-custody solutions in the industry. Buy, sell, and securely store your crypto all in one easy-to-use app. Instant Bitcoin and Ethereum transactions. Easy setup. Bulletproof security. Coinmama's goal is to make things easy for our customers but, if you get stuck, Coinmama has the friendliest customer support team in the industry standing by 24/7. Crypto doesn’t need to be cryptic, which is why Coinmama has built a beginner-friendly platform, trusted by millions of loyal customers, that has stood the test of time.


Contact info

3.3

Average

TrustScore 3.5 out of 5

879 reviews

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No recent history of asking for reviews

This company hasn't invited customers recently, so reviews may not be representative

Replied to 42% of negative reviews

Typically replies within 1 month

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3.3

All reviews

(879)

12 reviews in the last 12 months

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Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 2 out of 5 stars

Their prompt response and high level of…

[coinmama] .....Their prompt response and high level of professionalism allowed my withdrawal issue to be resolved efficiently and without unnecessary complications. I greatly value the clarity of their communication, as they consistently kept me informed at each stage of the process. Their attentive support and willingness to address my concerns made the entire experience smooth and reassuring.

28 June 2026
Unprompted review
Rated 2 out of 5 stars

Closing my account

When I purchased from Coinmama a few years ago, everything went fine. Having not used their services since then, I recently tried to close my account. Because I was unable to close my account per their directions that it could be closed from the Profile section, I was unable to access My Profile. After this, I sent an email to support asking for help. I received an email response almost immediately on May 1 that they would close it for me if I no longer used it. I asked them to close it. It has now been 8 days and I haven't heard back that the account has been closed, even though I have followed up by email at least twice asking if it was closed. As of today, May 9, it seems as though the account is still open and no response. If I could get a response, it would be great.

1 May 2026
Unprompted review
Rated 5 out of 5 stars

Coinmama offers amazing service

Coinmama offers amazing service. I had a question and the support team helped me immediately. They are very friendly and made the whole process easy for me. Thank you!

23 November 2025
Unprompted review
Coinmama logo

Reply from Coinmama

Thank you for the amazing feedback! We are glad our support team could make the process easy for you and look forward to helping you again.

Rated 1 out of 5 stars

I funded my wallet with $5200

I funded my wallet with $5200. They had a glitch in their system and my money went to never, never land for 2 days! I finally got a message that they declined the transaction and my money would be refunded between 1 to 72 hours or up to 14 days!!! I will NEVER use Coin Mama again!!!

15 January 2026
Unprompted review
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Reply from Coinmama

Dear Kathy,

We understand how frustrating this situation must have been, especially with a large amount involved.

Please note that when a transaction is declined, the funds are not lost — they are automatically returned to your original payment method. The refund timeframe (up to 14 business days) is determined by your bank, not Coinmama.

If you’d like us to check the status for you, feel free to contact our support team at support@coinmama.com
and we’ll be happy to assist.

We appreciate your feedback and hope to have the chance to serve you again.

Best regards,
The Coinmama Support Team

Rated 1 out of 5 stars

Extreme fees within hours – unacceptable

I made two USDC purchases less than 2 hours apart using the same method (Google Pay).

• 70 ILS → ~16.5 USDC
• 32 ILS → ~2 USDC

That’s an insane fee difference, effectively 80–100% fees on the second transaction.

Support says the fees were “shown before confirmation” and are “dynamic.” That may be true, but no reasonable user expects fees to explode like this within hours for the same asset.

Transparency isn’t enough when fees can suddenly become absurd.
I won’t use Coinmama again and strongly warn others to double-check the “You Receive” amount — or avoid altogether.

12 December 2025
Unprompted review
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Reply from Coinmama

Hi,
Thank you for your feedback. We understand why this experience was frustrating.
All transactions clearly show the final “You Receive” amount before confirmation. That said, we recognize that the difference you noticed can feel unexpected. Please know that we are actively investigating this case and are continuously working to reduce fees and improve pricing.
If you’d like us to review your transactions in detail, our support team is happy to help at support@coinmama.com
Best regards,
The Coinmama Support Team

Rated 2 out of 5 stars

Lost old email; Coinmama won't let me change account email

Coinama won't let me change my email address after losing my previous email address years ago.

I try to log into my old email and it only sends that old, expired email a code.

Since I cannot access that old email I can no longer access my Coinmama account.

Why don't they have a better account retrieval system?

26 November 2025
Unprompted review
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Reply from Coinmama

Hi,
Thanks for reaching out. For security reasons, it’s not possible to change the email address on an account when the original email is no longer accessible.
You’re welcome to open a new Coinmama account using a different email address. In the meantime, our support team can help provide a record of transactions from your previous account upon verification. Please contact us at support@coinmama.com
, and we’ll be happy to assist.

Best regards,
The Coinmama Support Team

Rated 4 out of 5 stars

I've been with coinmama for some time…

I've been with coinmama for some time now, buy I'm getting disappointed they say you can do transactions instantly buy my transaction has been under review since yesterday, I wish they can tell exactly how one will take so I can plan for when I'll have a completed transaction. The chatbox doesn't work anymore if you make a mistake of chatting with an email they don't have, by the time you use your correct email you cannot be connected by the chat bot to an agent anymore it's very unfair

5 October 2025
Unprompted review
Rated 1 out of 5 stars

I have have using this platform for 2…

I have have using this platform for 2 years to buy crypto without any issues but suddenlythey have suspended my account permanently and the transaction is rejected due the decision of security department after i have bought bitcoin on 21-7-2025. I feel like a criminal and asking myself am I doing something wrong? as they can not disclosed any information of the reason why? Luckily my money has been refunded but am very disappointed at least a little explanation although they dont want to announce it public. Such a shame !

21 July 2025
Unprompted review
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Reply from Coinmama

Thank you for your feedback and for being with us over the past two years. We’re truly sorry your experience left you disappointed — we never wanted to make you feel like a criminal.

Account restrictions are based on regulations and are never personal.

We value your trust, and if there’s anything we can do to assist you further, please let us know.

Warm regards,
The Coinmama Team

Rated 1 out of 5 stars

Easy deposit, hard withdrawal

I’ve been using coinmama for a while and had some fun and good investments and now I’ve decided to withdraw some for personal reasons and it’s saying under review for like an entire day . I’m more used to a withdraw completed in under 30 minutes so I’m not happy and I hope it’s fixed soon the amount is $3153.00 if it goes thru I’ll fix my review

11 June 2025
Unprompted review
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Reply from Coinmama

Hey, we don't hold clients funds, therefore your review is fake.

Rated 1 out of 5 stars

Scammers Stay far

They make it easy to Buy but Impossible to Sell. STAY FAR. The fees are exorbitant. Absolute SCAMMERS. I have paid for two wire transfers and have been given every excuse there is. And they do not refund...they keep you money. Support is a scam and eventually they will not respond. Just try selling and you will find out. Evil People. DO NOT.....I repeat DO NOT. You will never see your money again.

10 June 2025
Unprompted review
Rated 1 out of 5 stars

I have ordered Bitcoin from coin Mama but the coin is not in my wallet

I ordered Bitcoin from coin Mama and the coin is not coming to my wallet I don't know what is happening I have been using coin Mama but recently am not getting my coins

24 April 2025
Unprompted review
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Reply from Coinmama

Hi Alldank,

We’d like to set the record straight regarding your recent orders with Coinmama.

Your Bitcoin wasn't delivered because you did not complete the required identity verification (KYC) that our payment partner, Banxa, requested via email. This is not optional—it’s a standard regulatory requirement for all crypto transactions. Multiple emails were sent, including one with the subject line “Verification Action Required for BANXA Order #17258434”, but we never received the necessary documentation from you in time.

Without completing this step, the transaction could not proceed. Once you requested cancellation, both orders were promptly canceled, and refunds were initiated. As explained, it may take 1–14 business days for the funds to appear, depending on your bank.

We’re always happy to help our customers, but please note that delays caused by ignored verification requests are beyond our control. We strongly encourage all users to check their inbox and spam folders when making a purchase.

Thank you for your understanding,
The Coinmama Support Team

Rated 5 out of 5 stars

Coinmama has done Many transactions for…

Coinmama has done Many transactions for me everyone was received in good time. It has given me the impression of being stable and trustworthy. A big plus it the intuitive and straight forward webdesign of the Coinmama websight.
Does what its supposed to do and does quickly and well. Thats all I ask for. Best Regards, Ulf Mårtensson, Sweden.

3 February 2025
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Reply from Coinmama

Hello Ulf,

Thank you for sharing your positive experience! We’re glad to hear that Coinmama has been reliable and straightforward for you. We appreciate your trust and look forward to continuing to serve you quickly and securely. If there’s ever anything we can do to make your experience even better, please let us know.

Rated 5 out of 5 stars
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Reply from Coinmama

Thank you for sharing your feedback! We’re thrilled to hear you found our service quick and easy. If there’s anything else we can do to make your experience even better, please let us know. We appreciate your support!

Rated 5 out of 5 stars

My experience here is great die to the…

My experience here is great die to the fast efficient and the timing of the delivery of the services offered by the company here. Its very satisfying and does a well done job

11 March 2025
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Reply from Coinmama

Thank you so much for your positive review! We’re delighted to hear you enjoyed the quick, efficient service and prompt delivery. It’s great to know that we met your expectations and provided a satisfying experience. We value your support and look forward to serving you again soon!

Rated 5 out of 5 stars

Coinmama were very fast and very…

Coinmama were very fast and very efficient in sending Bitcoin to my wallet address

3 March 2025
Coinmama logo

Reply from Coinmama

Thank you for your kind words! We’re thrilled to hear that you had a fast and smooth experience with us. Our team is committed to ensuring quick and secure transactions. We look forward to serving you again!

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