Coinmama logo

Coinmama

exchange
Operational

Crypto broker with no custody — coins go directly to your wallet.

Platform Information

Founded

2013

Headquarters

Tel Aviv, Israel

Two-Factor Authentication

An extra login step that protects your account even if your password is stolen.

Yes

Custodial

The platform holds your crypto on your behalf — you don't control the private keys.

No

KYC Required

Know Your Customer — you must verify your identity before trading or withdrawing.

Yes

Proof of Reserves

The platform publicly proves it holds enough assets to cover all customer funds.

Unknown

Insurance

Customer funds are covered by insurance in the event of a hack or platform failure.

No

About Coinmama

Coinmama is a cryptocurrency broker that sends purchased coins directly to a user-provided wallet address — it does not hold custody of assets. In 2019 it suffered a data breach affecting around 450,000 user email addresses and hashed passwords. Requires KYC for all purchases.

Security & Score

65

Platform Safety Score

65/100Fair

Based on incident history, security features, and track record

No detailed security information available for Coinmama.

Incident History

No incidents recorded for this platform.

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