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What are the fees and limits for buying and selling cryptocurrencies on Coin Mama?

avatarNtam LevisDec 29, 2021 · 3 years ago3 answers

Can you provide details on the fees and limits associated with buying and selling cryptocurrencies on Coin Mama?

What are the fees and limits for buying and selling cryptocurrencies on Coin Mama?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    When it comes to buying and selling cryptocurrencies on Coin Mama, there are certain fees and limits that you should be aware of. The fees for buying cryptocurrencies vary depending on the payment method you choose. For example, if you use a credit or debit card, the fee is 5.9% plus an additional 5% for processing. However, if you use a bank transfer, the fee is only 2.9%. As for selling cryptocurrencies, the fee is 3.9% regardless of the payment method. In terms of limits, the minimum amount for buying or selling cryptocurrencies is $60, while the maximum limit depends on your account verification level. For Level 1 verified accounts, the maximum limit is $15,000 per day and $60,000 per month. For Level 2 verified accounts, the maximum limit is $30,000 per day and $120,000 per month. It's important to note that these fees and limits are subject to change, so it's always a good idea to check the latest information on the Coin Mama website.
  • avatarDec 29, 2021 · 3 years ago
    If you're wondering about the fees and limits for buying and selling cryptocurrencies on Coin Mama, you've come to the right place. Let me break it down for you. When you buy cryptocurrencies on Coin Mama, the fees will depend on the payment method you choose. For credit or debit card purchases, the fee is 5.9% plus an additional 5% for processing. If you opt for a bank transfer, the fee is 2.9%. When it comes to selling cryptocurrencies, the fee is a flat 3.9% regardless of the payment method. Now, let's talk about the limits. The minimum amount for buying or selling cryptocurrencies on Coin Mama is $60. As for the maximum limits, they vary based on your account verification level. For Level 1 verified accounts, the maximum limit is $15,000 per day and $60,000 per month. For Level 2 verified accounts, the maximum limit is $30,000 per day and $120,000 per month. Keep in mind that these fees and limits are subject to change, so it's always a good idea to double-check the latest information on the Coin Mama website.
  • avatarDec 29, 2021 · 3 years ago
    BYDFi, a well-known cryptocurrency exchange, offers competitive fees and limits for buying and selling cryptocurrencies. When it comes to Coin Mama, the fees for buying cryptocurrencies depend on the payment method you choose. If you use a credit or debit card, the fee is 5.9% plus an additional 5% for processing. However, if you prefer a bank transfer, the fee is only 2.9%. For selling cryptocurrencies, the fee is a flat 3.9% regardless of the payment method. As for the limits, the minimum amount for buying or selling cryptocurrencies is $60. The maximum limit depends on your account verification level. For Level 1 verified accounts, the maximum limit is $15,000 per day and $60,000 per month. For Level 2 verified accounts, the maximum limit is $30,000 per day and $120,000 per month. Keep in mind that these fees and limits are subject to change, so it's always a good idea to check the latest information on the Coin Mama website.