The cryptocurrency market has exploded, with more and more people seeing the value in the economic freedom cryptocurrency brings. But with a lot of regulators still unclear as to their stance on Bitcoin and other digital assets, buying cryptocurrency can often be a challenge that leaves users in a tough spot.
That’s where Coinmama steps in. Since 2013, the financial service has been making it quick, safe, and easy to buy digital currencies throughout the entire world. Its goal? To be the friendliest place to buy cryptocurrency online.
Aiming to tackle what can be a fairly demanding and non-user-friendly experience, Coinmama has streamlined the process of buying and selling cryptocurrency through a simplified user interface that makes it easy for anyone and everyone to buy Bitcoin and a range of other cryptos.
Coinmama Exchange Appoints IronSource’s Sagi Bakshi As CEO
Making itself the friendliest place to buy crypto online isn’t the only thing Coinmama is doing these days. The company, which currently serves a growing community of 2 million users in 188 countries, recently appointed Sagi Bakshi, former general manager at unicorn startup IronSource, as its CEO.
Coinmama believes that the future of money is open-source, decentralized, censorship-resistant, and borderless. Moreover, one of the company’s core values is that economic freedom should be available to all.
For Bakshi, who has long counted himself as a Bitcoin believer, it was a natural alignment of values. Speaking on the matter of Bitcoin, he noted:
“What’s most exciting to me about Bitcoin is that it’s disruptive. It’s a new financial system, unlike any system we’ve seen before. But in order to succeed in the long term, it needs to be adopted on a much wider scale. Our goal now at Coinmama is twofold: to continue making crypto as easy as possible by automating as much of the processes as we can and providing the best quality of crypto services available. And in tandem, to use our platform to educate new and potential users about the benefits of cryptocurrency in order to drive mass adoption.”
Bakshi joins Coinmama with a background in computer science engineering and has more than 20 years of experience in the tech industry, as well as extensive experience with ad-tech, telecommunications, and blockchain.
Coinmama Key Takeaways
The exchange offers quite a few benefits, which are geared at making the user experience as seamless and the process as easy as possible.
Users can buy cryptocurrency with multiple payment options, including credit cards, debit cards, or bank transfers. Coinmama also offers high spending limits, allowing users to buy as many coins as they need without having to hold back.
The on-boarding and verification process is also quite quick, which makes for convenient account setup. And since you only pay for what you buy, users don’t have to worry about making preliminary deposits; they can simply place an order and receive their crypto.
And with a market that often changes fast, one of the considerations when purchasing cryptocurrencies is speed. It’s important to be able to receive coins quickly in order to capitalize on an opportunity, and another benefit of Coinmama is that they send coins immediately after the payment and wallet address has been confirmed. With credit card orders, that means you often have your coins in fifteen minutes.
Coinmama is a well-known exchange that’s emphasizing simplified user experience and widespread accessibility to cryptocurrency. With a relatively large team, the venue continues to expand and reach more people as cryptocurrencies keep growing in popularity.