Coinmama Wallet Setup Support
Nowadays, more and more people are confusing about choosing the right cryptocurrency exchange since the options are endless. However, you need to pick the one that is a highly popular and favored exchange for everyone. Coinmama is one of the most popular cryptocurrency exchanges and millions of people utilizing it. With the help of Coinmama, you can buy and send digital currency in any part of the world. If you want to buy cryptocurrency, then you can make use of debit or credit through Coinmama. This is simply like buying groceries online. The only difference is that you are buying digital assets instead of food. Just scroll down your eyes to know more interesting things about Coinmama and Wallet Setup!!
Coinmama- user-friendly trading platform:
When it comes to cryptocurrency exchanges, most people are scared about starting their trading. it is because; there always huge leaps and bounds and so trading might be complicated. That is why; everyone chooses Coinmama due to its user-friendly trading platform. With Coinmama, you can make the purchasing process much faster and simpler.
All you need to do is to create an account to carry out the buying and selling process. After opening the card details, you need to provide the card details. And then, choose the number of bitcoins that you want to purchase. To carry out the trading process with Coinmama, you don’t require any experience and knowledge. Even a normal person can do trading with Coinmama since the platform is user-friendly!
What makes Coinmama special?
Coinmama is operating worldwide. Here are some reasons that why Coinmama is special and popular compared to others!
Coinmama helps you to buy digital currency using a debit card or credit card. With just a few steps, you can buy cryptocurrency without any hassles. The language is simple to understand, user-friendly interface, no need to put fingerprint, plus more. The platform is easy to use and so more and more people like to use Coinmama for cryptocurrency transactions.
High level of security:
Coinmama detects the fraud account as soon as possible. Yes, the platform helps you to keep your account safe and secure from fraud detection. Since Coinmama stores bitcoins in the wallet and so there is no chance for the theft of coins. You no need to worry about the security of Coinmama and you can find a way to secure your bitcoins.
High spending limits:
You can bitcoins without any limits. If you are registering with the Coinmama wallet, sure you can find high spending limits. You do not need to compromise on buying the bitcoins. Get ready to use Coinmama and sure you can find incredible benefits when it comes to trading!!
With just a few seconds, you can get coins in your wallet if you place an order for the bitcoins. If you are ready to buy bitcoins, no initial deposition is required. Enjoy instant delivery of bitcoins on your wallet!! If you are buying cryptocurrency for the first time, you need to learn more things to explore. Try to collect some information about the benefits of buying and selling of cryptocurrency!
Create a wallet account!
If you are ready to start your trading you need a wallet at first. The wallet acts like a bank account in which you can send and buy bitcoins whenever you need it. To access the wallet set up, you need to create a wallet account and so you are able to buy and send coins. A “web wallet” is a place where your bitcoins are available. Are you ready to create a wallet account?
Look no further….!! Get ready to click on the key “Get Your Free Wallet Now”!!
After opening the site, you are asked to provide the necessary details. After that, you will be provided with a wallet ID with a strong password- a combination of both variables and numbers. Wallet ID is commonly referred to as your name. Make sure you are registering with your name. At the same time, you need to enter the necessary details in the “backup recovery phrase” so that you can be able to recover the lost login information. That’s all…!! Your wallet is ready to use!
If you want to send and receive cryptocurrency, you need to create a wallet address. At the same time, the wallet address should have a collection of numbers and characters to send and buy a digital currency that can be used on the Blockchain to validate the transaction. With the help of unique strings, you can go ahead with the transaction process. When it comes to buying bitcoins, you need to cross-check the wallet address at least thrice. Bitcoins are not available at Coinmama and so if you have entered the wallet address mistakenly, you will not be able to retrieve the bitcoins.
Identify the public and private keys:
- A wallet address is considered as your public key and is usually in the form of characters and numbers. With the help of the public key alone, you are able to send and receive digital currency.
- A private key is a password to keep your wallet safe and secure from third parties. While accessing the money, make sure
that you are entering the correct wallet address so that you can able to transfer the bitcoins to your wallet.
- If you have entered the wallet address wrongly, you could not able to retrieve the coins back. It is always best to log out when Coinmama is not in use!!
- Then only, you will able to secure the bitcoins from unauthorized logins!! Make sure you are securing the private key somewhere safe.
- Try to have a backup for the private key so that you can able to access your funds without any hassles.
Click to start with Coinmama!
Unlike opening a bank account, creating a wallet with Coinmama is easy and simple. If you are ready to start your trading, click on the button, “Start” and verify your account. Make sure you are having the same amount on your wallet. If you are login into the website for the first time, it will redirect you to the “Verification section”. Yes, your account will be checked here…!! After that, you will be redirected to the next page where you need to provide your personal information. After that, you need to provide the following documents for the identification process like driving license, Voter ID, passport, Aadhaar card, etc!
- For example, if you are proving your national ID card, you need to submit the front and back of the card to the website, make sure that the card is clear and readable.
- If you are submitting a passport photograph, you need to provide the front page alone to the official site.
- You want to provide a selfie to the site that should be cleared not blurring. Otherwise, sure your request will be rejected. And also, make sure all the corners are noticeable.
- Once you have uploaded the essential details, Coinmama will validate the account details. After verification, you will receive a notification says that “Your Coinmama account is ready to use”!!
Get ready to buy bitcoins you want:
Now, you will be shown with different bitcoins sets, from the available choices you can go with the one that you want to buy. You no need to buy the whole bitcoins. Follow the steps shown below to buy bitcoins.
- Log in to the website with your authorized wallet ID
- Snap-on “Category” and strike “Purchase Bitcoins”
- It will redirect you to the page where you will find a wide range of bitcoins with increments and so you can choose the one that you are willing to buy.
- Acquire the bitcoins, by striking the “ Purchase Now” key
- Now, you will be asked for the payment option and you can go with the desired payment that is suitable for you
- Make payment and proceed to checkout
- That’s all..!! You will find the bitcoins on your wallet account. It is ready for use (buy and send)…!!
Proceed back with the Blockchain.info wallet:
In this section, you need to snap a “Request bitcoin” at the top of the menu bar. More and more traders will get confused about the word “request”. It is not about requesting bitcoins for the sending and buying options. Here, you need to click the currency like bitcoin. Below you will find “Copy & Share Wallet Address”, in that you need to copy the wallet address. It is because; Coinmama need to identify the wallet so that you can able to send and receive bitcoins.
Wait for a while:
Congratulations…!! Your bitcoin wallet is ready to use….!! Hereafter, you no need to earn more and more and need to jump to some other cryptocurrency exchanges. Without the help of brokers, you can create a wallet on coinmama to send and receive bitcoins. Due to a high transaction fee, users can’t sell the cryptocurrency bitcoins on Coinmama.
From the above section, you will be cleared that suing Coinmama is pretty easy and simple. Since it has a user-friendly interface and so your transaction has been done within a few seconds. If you are a beginner in the cryptocurrency world, then Coinmama is the best option to go with. If you want to send or receive bitcoins, you need your own Coinmama wallet address for each transaction. So, it is better to have your eyes on the wallet security. Why don’t you go with hardware-software for enhancing wallet security? Once your wallet address is established, you can continue with the transaction process!!