Your payment is approved and coinmama transfers the coins to you.
Blockchain delays - the transaction will appear on the blockchain as soon as you send the coins, however, it will still need to be confirmed before the coins are received in coinmamas wallet. Confirmation usually takes about ten minutes, but when there is a lot of activity on the blockchain, or if you have a low mining fee set on your wallet, it can take longer.
coinmama review verification the verification process is quite simple as you only need to confirm your personal details and then upload some form of id. You will also need to take a selfie of you holding the id , which is to make sure you are who you say you are.
Coinmama has three different verification levels, each of which sets a different limit on the amount of crypto that you can buy. The first level requires that you register an account using your email, fill out a standard personal details form, fill out the details of your identification document, and then upload images of that document and a selfie of yourself holding that document.
This also helps us keep your account safe, fight fraud, and more. The process is called verification and is something everyone must go through before buying cryptocurrency anywhere. After submitting your details for verification, well then quickly go over it and make sure everything looks good.
The first delay is the time it takes to verify your identity from the personally identifying data (such as a drivers license) which you scan and send in. Some exchanges can take days or even weeks (during times of peak market activity) to verify such information. At coinmama, we strive to complete this process within a few hours.
you understand and accept that (i) we shall deliver the digital currency you purchase to the personal digital wallet address that you provide to us with respect to each of your purchase orders and which you verify with us upon our verification request for each order (ii) such verification request on purchase orders may include, without limitation, verification through email or other electronic.
You are able to contact coinmamas customer care number through and contact them through their business email at businesscoinmama. If you need help for account related issues, you can also send them through supportcoinmama.
From my own experience i can say that verification with coinmama was relatively easy, and yes, they require a lot of information. However this is just standard know your customer (kyc) and anti money laundering (aml) policies most legit exchanges must adhere to.
Level 1 the first level of verification requires one valid id issued by the government, a selfie of yourself holding the proof of your identity and a note with coinmama and the date of verification written on it. Level 2 you are required to submit a secondary id and also upload a utility bill.
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