![]() and EU have additional instant funding options not available in the U.S. ![]() When you place an order, the funds are instantly verified with your connected card by Coinmama, then the cryptocurrency you chose is deposited into your crypto wallet. ![]() Americans can also pay with wire transfer or SWIFT, but not ACH. You can use a credit or debit card to buy one of 16 different currencies. Once you’re logged in, you can buy bitcoin instantly using several payment methods, though there may be a fairly high price tag for those instant purchase privileges. Coinmama features fast account setup and verification. ![]() If you want to own Bitcoin as quickly as possible and already have a Bitcoin wallet, Coinmama may be your best choice. This article is not a recommendation by The Balance or the writer to invest in cryptocurrencies, nor can the accuracy or timeliness of the information be guaranteed. Consult with a qualified professional before making any financial decisions. Investing in cryptocurrencies, Decentralized Finance (DeFi), and other Initial Coin Offerings (ICOs) is highly risky and speculative, and the markets can be extremely volatile. Therefore, unless user terms specify otherwise, investors with cryptocurrency assets commingled on a custodial cryptocurrency exchange could potentially lose their funds as unsecured creditors. Unlike traditional brokerage firms, cryptocurrency exchanges are not members of the Securities Investor Protection Corp. You need to use a Bitcoin exchange to buy and sell cryptocurrency, including Bitcoin. Bitcoin relies on a digital network called the blockchain, where all cryptocurrency is recorded. It produced another payment method that could operate without a centralized government. ![]() Bitcoin is a type of virtual currency that you can use for digital purchases or trade, like stocks or bonds. ![]()
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