Review on Coinmama by Samantha Beatrice
Very good exchange but I wasn't comfortable trading here
CoinMama Exchange is actually a very nice place to trade your cryptocurrencies. According to them, they have satisfied over 2.7 million users and over 500 million dollars transacted. Immediately I got to the website, I found out that my country was among the restricted countries, so I had the option of being redirected to a third party site before I could buy my crypto and it also involved me giving out some personal details to the third party site, Simplex™. CoinMama clearly states "Coinmama does not assume any responsibility for any loss or damage caused by the use of Simplex". This clearly means that whatever happens to you as a user while using Simplex is not their business anymore. Since I wasn't comfortable with giving out my Mastercard details to a third party, I decided not to trade here. Though the whole experience was relatively good.
Pros
- The user interface is explicit
- The exchange allows traders to buy with fiat currency via different methods like MasterCard, Visa, Google pay etc
Cons
- There's actually bo negative part of this exchange, only that I wasn't comfortable with giving out my Mastercard details to a third party site
- Only Btc seems to be traded here
