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| − | + | {{infobox company | |
| + | |name=Coinmama | ||
| + | |image= | ||
| + | |location=Israel, Ireland | ||
| + | |industry= | ||
| + | |foundation=2013 | ||
| + | |founder=Nimrod Gruber, Laurence Newman, and Ilan Schuster | ||
| + | |employees=48 | ||
| + | |keypeople=Sagi Bakshi, CEO<br/> | ||
| + | Nimrod Gruber, Founder & COO<br/> | ||
| + | Laurence Newman, Founder<br/> | ||
| + | Ilan Schuster, Founder<br/> | ||
| + | |twitter= | ||
| + | |facebook= | ||
| + | |website=https://www.coinmama.com/ | ||
| + | }} | ||
| + | |||
| + | '''Coinmama''' is an international cryptocurrency exchange established in 2013, specializing in the brokerage of fiat to cryptocurrency.<ref name=":1">[https://www.fxempire.com/crypto/exchange/coinmama/review FX Empire review]</ref><ref name=":2">[https://news.bitcoin.com/coinmama-appoints-unicorn-ironsource-gm-sagi-bakshi-ceo/ Bitcoin.com news]</ref> It was one of the first exchanges to support purchasing Bitcoin with credit and debit cards<ref name=":1"/> and the first to be authorized for integration with Apple Pay.<ref name=":3">[https://www.financemagnates.com/cryptocurrency/news/apple-pay-gives-crypto-exchange-coinmama-its-blessing-for-service-integration/ Financemagnates.com]</ref><ref name=":4">[https://www.digitalmarketnews.com/apple-pay-gives-coinmama-green-light-for-service-integration/ Digitalmarketnews.com]</ref><ref name=":5">[https://www.cryptoknowmics.com/news/coinmama-becomes-first-crypto-exchange-to-be-integrated-with-applepay/ Cryptoknowmics.com]</ref> | ||
| + | |||
| + | As of 2020, Coinmama serves over 2.5 million users in 190 countries.<ref name=":2">[https://news.bitcoin.com/coinmama-appoints-unicorn-ironsource-gm-sagi-bakshi-ceo/ Bitcoin.com news]</ref><ref name=":6">[https://www.pc.co.il/kehila/visiting-tigers-den/325040/ pc.co.il]</ref><ref name=":19">[https://finance.walla.co.il/item/3391118 Walla.co.il]</ref> | ||
| + | |||
| + | ==History== | ||
| + | Coinmama Group was founded in 2013 by Nimrod Gruber, Laurence Newman, and Ilan Schuster.<ref name=":7">[https://retirementinvestments.com/coinmama-review/ Retirement Investments: CoinMama Review]</ref><ref name=":8">[https://www.bitrawr.com/afghanistan bitrawr.com]</ref> It originally facilitated the sale of Bitcoin to users<ref name=":9">[https://madeforbitcoin.com/review-buy-bitcoin-securely-coinmama/ madeforbitcoin.com]</ref> and later expanded to include other cryptocurrencies such as Litecoin and Ethereum. Today, the Coinmama Platform is operated by Cmama Ltd. in Ireland, which is registered with FinCEN as a Money Service Business. | ||
| + | |||
| + | In 2013, Coinmama added credit cards and debit cards as payment options.<ref name=":1"/> | ||
| + | |||
| + | In 2015, Coinmama stopped accepting Western Union and focused on becoming an easy way to buy cryptocurrency online with a credit card or debit card.<ref name=":10">[https://99bitcoins.com/buy-bitcoin-with-western-union/ 99bitcoins.com]</ref> | ||
| + | |||
| + | In 2018, Coinmama added bank transfer as a payment option.<ref name=":11">[https://www.coinmama.com/blog/buy-bitcoin-with-a-bank-account/ Buy Bitcoin with a bank account]</ref> Coinmama also added 5 new coins: Ripple (XRP), Bitcoin Cash (BCH), Ethereum Classic (ETC), Qtum (QTUM) and Cardano (ADA). | ||
| + | |||
| + | In 2019, Coinmama added the option to sell Bitcoin for Euro.<ref name=":12">[https://www.coinmama.com/blog/how-to-sell-bitcoin/ How to sell Bitcoin]</ref> | ||
| + | |||
| + | In 2020, Coinmama added the option to sell Bitcoin for USD.<ref name=":13">[https://www.coinmama.com/sell-bitcoin Sell Bitcoin]</ref> They also added Apple Pay integration.<ref name=":17"/> | ||
| + | |||
| + | ==Product== | ||
| + | Coinmama’s main product is the sale of Bitcoin and other cryptocurrencies. They offer payment options such as credit and debit cards,<ref name=":14">[https://cryptopotato.com/coinmama-exchange-appoints-ironsources-sagi-bakshi-as-ceo/ cryptopotato.com]</ref> bank transfers,<ref name=":14"/> (Fedwire, SWIFT, FasterPayments, Sofort)<ref name=":1"/> and Apple Pay.<ref name=":1"/><ref name=":3"/><ref name=":4"/><ref name=":5"/> As of April 2020, they offer cryptocurrencies such as Bitcoin (BTC),<ref name=":1"/><ref name=":14"/> Bitcoin Cash (BCH)1 Ethereum (ETH),<ref name=":1"/> Ethereum Classic (ETC),<ref name=":1"/> Cardano ADA,<ref name=":1"/> Litecoin (LTC),<ref name=":1"/> Qtum (QTUM),<ref name=":1"/> Ripple’s XRP (XRP),<ref name=":1"/> EOS and Tezos (XTZ).<ref name=":1"/> Coinmama also buys Bitcoin from users for Euro with a transfer of funds to the user’s bank account.<ref name=":1"/> | ||
| + | |||
| + | Coinmama supports all the following currencies: USD, EUR, GBP, CAD, AUD, JPY. | ||
| + | |||
| + | Coinmama is considered to be an easy-to-use platform. In order to buy cryptocurrency it is required to register and get verified for purchase or selling. They have one of the fastest turnarounds in getting coins in the industry. | ||
| + | |||
| + | ==Leadership== | ||
| + | From 2013 to 2017 Coinmama was led by its three co-founders, with Nimrod Gruber serving as CEO.<ref name=":15">[https://finder.startupnationcentral.org/company_page/coinmama startupnationcentral.org]</ref> | ||
| + | |||
| + | In 2017, Asaph Schulman joined the company as CEO. He served as CEO from 2017-2019 before stepping down.<ref name=":7"/> | ||
| + | |||
| + | In April 2020, former IronSource general manager Sagi Bakshi was announced as the company’s new CEO.<ref name=":2"/> Bakshi has appeared on Israeli news network i24 News as an expert on Bitcoin and cryptocurrency.<ref name=":16">[https://www.youtube.com/watch?v=jXrd9Yx4O2U YouTube]</ref><ref name=":17">[https://www.youtube.com/watch?v=U99Ihj2ZqWw YouTube]</ref> | ||
| + | |||
| + | ==References== | ||
| + | <references/> | ||
| + | |||
| + | {{Exchanges}} | ||
| + | [[Category:Companies]] | ||
| + | [[Category:Exchanges]] | ||
Latest revision as of 03:11, 13 January 2021
| Founded | 2013 |
| Headquarters | Israel, Ireland |
| Founder(s) | Nimrod Gruber, Laurence Newman, and Ilan Schuster |
| Key people | Sagi Bakshi, CEO Nimrod Gruber, Founder & COO |
| Employees | 48 |
| Website | https://www.coinmama.com/ |
Coinmama is an international cryptocurrency exchange established in 2013, specializing in the brokerage of fiat to cryptocurrency.[1][2] It was one of the first exchanges to support purchasing Bitcoin with credit and debit cards[1] and the first to be authorized for integration with Apple Pay.[3][4][5]
As of 2020, Coinmama serves over 2.5 million users in 190 countries.[2][6][7]
Contents
History
Coinmama Group was founded in 2013 by Nimrod Gruber, Laurence Newman, and Ilan Schuster.[8][9] It originally facilitated the sale of Bitcoin to users[10] and later expanded to include other cryptocurrencies such as Litecoin and Ethereum. Today, the Coinmama Platform is operated by Cmama Ltd. in Ireland, which is registered with FinCEN as a Money Service Business.
In 2013, Coinmama added credit cards and debit cards as payment options.[1]
In 2015, Coinmama stopped accepting Western Union and focused on becoming an easy way to buy cryptocurrency online with a credit card or debit card.[11]
In 2018, Coinmama added bank transfer as a payment option.[12] Coinmama also added 5 new coins: Ripple (XRP), Bitcoin Cash (BCH), Ethereum Classic (ETC), Qtum (QTUM) and Cardano (ADA).
In 2019, Coinmama added the option to sell Bitcoin for Euro.[13]
In 2020, Coinmama added the option to sell Bitcoin for USD.[14] They also added Apple Pay integration.[15]
Product
Coinmama’s main product is the sale of Bitcoin and other cryptocurrencies. They offer payment options such as credit and debit cards,[16] bank transfers,[16] (Fedwire, SWIFT, FasterPayments, Sofort)[1] and Apple Pay.[1][3][4][5] As of April 2020, they offer cryptocurrencies such as Bitcoin (BTC),[1][16] Bitcoin Cash (BCH)1 Ethereum (ETH),[1] Ethereum Classic (ETC),[1] Cardano ADA,[1] Litecoin (LTC),[1] Qtum (QTUM),[1] Ripple’s XRP (XRP),[1] EOS and Tezos (XTZ).[1] Coinmama also buys Bitcoin from users for Euro with a transfer of funds to the user’s bank account.[1]
Coinmama supports all the following currencies: USD, EUR, GBP, CAD, AUD, JPY.
Coinmama is considered to be an easy-to-use platform. In order to buy cryptocurrency it is required to register and get verified for purchase or selling. They have one of the fastest turnarounds in getting coins in the industry.
Leadership
From 2013 to 2017 Coinmama was led by its three co-founders, with Nimrod Gruber serving as CEO.[17]
In 2017, Asaph Schulman joined the company as CEO. He served as CEO from 2017-2019 before stepping down.[8]
In April 2020, former IronSource general manager Sagi Bakshi was announced as the company’s new CEO.[2] Bakshi has appeared on Israeli news network i24 News as an expert on Bitcoin and cryptocurrency.[18][15]
References
- ↑ 1.00 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09 1.10 1.11 1.12 1.13 FX Empire review
- ↑ 2.0 2.1 2.2 Bitcoin.com news
- ↑ 3.0 3.1 Financemagnates.com
- ↑ 4.0 4.1 Digitalmarketnews.com
- ↑ 5.0 5.1 Cryptoknowmics.com
- ↑ pc.co.il
- ↑ Walla.co.il
- ↑ 8.0 8.1 Retirement Investments: CoinMama Review
- ↑ bitrawr.com
- ↑ madeforbitcoin.com
- ↑ 99bitcoins.com
- ↑ Buy Bitcoin with a bank account
- ↑ How to sell Bitcoin
- ↑ Sell Bitcoin
- ↑ 15.0 15.1 YouTube
- ↑ 16.0 16.1 16.2 cryptopotato.com
- ↑ startupnationcentral.org
- ↑ YouTube
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