⚠️ Affiliate Disclosure: CoinCodeCap may earn a commission through links on this page. Read our full disclosure.
Coinmama is a beginner-friendly crypto purchase platform — non-custodial (crypto goes directly to your wallet), FCA regulated, 3M+ users globally. Acquired by Wellfield Technologies in May 2022. Founded 2013. Buy crypto with credit/debit cards, bank transfers, SEPA. Supported in 185+ countries. 2019 data breach — no funds lost, security since strengthened.
| 📊 Feature | Details |
|---|---|
| ⭐ Rating | 3.6 / 5 |
| Best For | Beginners buying crypto directly to own wallet — no account hold |
| Founded | 2013 (Israel/Canada team) — acquired by Wellfield Technologies 2022 |
| Users | 3M+ globally |
| Regulation | ✅ FCA regulated (UK) |
| Model | Non-custodial — crypto goes to your wallet, not stored by Coinmama |
| Supported Countries | 185+ |
| Payment Methods | Credit/debit card, bank transfer, SEPA, Apple Pay |
| Fee Structure | Variable — base + loyalty discounts up to 25% for repeat customers |
| Loyalty Program | ✅ Cumulative purchase tiers reduce fees |
| Advanced Trading | ❌ No — buy/sell only, no order book or margin |
| Security Incident | 2019 data breach — no funds lost (non-custodial model) |
| 👉 Buy Crypto on Coinmama — FCA Regulated, Coins to Your Wallet → | |
Key Takeaways
- Non-custodial design — Coinmama never holds your crypto. When you buy, coins go directly to the wallet address you provide. This significantly reduces counterparty risk: even the 2019 data breach didn’t result in fund losses because Coinmama doesn’t hold customer crypto.
- FCA regulated — One of the more regulated fiat-to-crypto gateways. The 2013 founding gives it one of the longest operating histories in the sector.
- Not a trading platform — Coinmama is for buying and selling crypto, not for active trading. No order book, no margin, no advanced charting. For active traders, use Kraken or Coinbase Advanced.
- The loyalty program rewards cumulative purchase history with fee discounts of up to 25%. Regular buyers benefit from progressively lower fees over time.
- Acquired by Wellfield Technologies in May 2022. Current parent company is publicly traded.
⚡ Bottom Line: Coinmama is a solid FCA-regulated fiat-to-crypto gateway for users who want to buy crypto and send it directly to their own wallet. The non-custodial model is genuinely safer than custodial exchanges. Not suitable for active trading. For globally accessible, simple crypto purchases with coins going to your own wallet, Coinmama is a legitimate and long-established choice.
⚠️ Risk Disclaimer: Crypto purchases carry market risk. Coinmama is a buy/sell gateway, not a trading platform. This is not financial advice.
