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Coinmama vs Binance

Coinmama is a good international crypto exchange but has high fees and limited currencies. How does it compare to Binance? Read our comparison chart below.

Coinmama is a comparatively expensive, non-custodial cryptocurrency exchange that focuses on quick and easy purchases. Through their simple desktop site, they support debit and credit cards, as well as Apple and Google Pay.

While Binance is one of the largest cryptocurrency exchanges by volume in the world. They offer some of the lowest fees of any exchange and support trading of over 600 coins. They have staking options, crypto loans, and a crypto Visa card, among a range of other features.

Compare Coinmama with Binance, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 Coinmama
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Coinmama

Binance

OFFER
Buy and Sell Cryptocurrency Instantly - Learn More

Read Coinmama Review

OFFER
Buy and Sell Cryptocurrency - Learn More

Read Binance Review

 

Benefits and Features

Cryptocurrency Trading 
Check
Minimum Deposit
$100 to Buy or Sell
$0 ($10 Trade Minimum)
Cryptocurrencies Supported
10+
600+
Countries Supported
190
Over 180
Fiat Currencies Supported
USD, EUR, GBP, AUD, CAD, JPY
AED, AUD, AZN, BGN, CAD, CHF, CLP, COP, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, ILS, ISK, JPY, KES, KRW, KZT, MXN, NGN, NOK, NZD, PEN, PHP, PLN, RON, RUB, SAR, SEK, THB, TRY, TWD, UAH, UGX, USD, UYU, VND, ZAR
Digital Wallet
No
Yes
Transaction Fee
2.93% - 3.90%
0.10% - 0.02%
Copy Trading
No
No
Limit Orders
No
Yes
Margin Trading
No
Yes
Spread
2%
0.01% - 0.92% depending on cryptocurrency
Crypto Loans
No
Yes
Bank Account Purchase Fee
Free
 
Debit Card Purchase Fee
5% added express fee
3.5% or $10, whichever is higher
Credit Transaction Fee
5% added express fee
3.5% or $10, whichever is higher
Mobile App
No
Yes
ACH Transfer Fee 
No
Wire Transfer FeeOnly available for orders over $50,000Free via SWIFT from USD to BUSD
Crypto Conversion Fee 
No
SEPA Bank Transfer Fee
Free
€1.00
Other FeesSwift bank transfer: £20 (~$27.5) fee for orders under $100025% fee discount for holding BNB; tiered discounts based on 30 day trade volume
Address Allowlisting
No
Yes
Anonymity
No
No
Biometric Login
No
Yes
Cold Storage
No
Yes
Maximum Trading AmountLevel 1 Account: $15,000 / day; Level 2 Account: $50,000 / day; Level 3 Account: $1,000,000Maximum order amount varies by currency
Two-Factor Authentication
Google Authenticator or Authy
Google Authenticator
Withdrawal Limit 2BTC / day for unverified accounts; 100BTC / day for verified accounts; Wire Transfer: $7,500,000 / day
 

CreditDonkey® Reviews

 Coinmama
Cryptocurrency TradingStarStarStarHalf StarEmpty StarStarStarStarStarStar
Commissions and FeesStarStarHalf StarEmpty StarEmpty StarStarStarStarStarStar
Ease of UseStarStarStarStarStarStarStarStarStarEmpty Star
ResearchStarEmpty StarEmpty StarEmpty StarEmpty StarStarStarStarStarEmpty Star
SafetyStarStarStarStarEmpty StarStarStarStarStarStar
Mobile AppStarStarStarStarEmpty Star
Pros & ConsPros:
  • Very simple interface
  • Non-custodial exchange
  • Many buying options
Cons:
  • High fees
  • Limited range of cryptocurrencies
  • No research tools
Pros:
  • Wide range of currencies
  • Low fees
  • Secure Asset Fund for users
Cons:
  • May intimidate new users
Bottom LineGood international crypto exchange but has high fees and limited currencies... Read full reviewExcellent crypto exchange with low prices and good selection... Read full review
 Visit SiteLearn More

Buy and Sell Cryptocurrency

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Coinmama: Pricing information from published website as of 04/13/2021.

Binance: Pricing information from published website as of 04/13/2021.

Which is Better: Coinmama or Binance?

Still need help deciding which crypto is better? Read the in-depth reviews below. You may also be interested in comparing Coinmama or iTrustCapital.

In short: Coinmama's ease of use is outstanding. Binance's cryptocurrency trading, commissions and fees, research, and safety are noteworthy. In particular, the cryptocurrency trading, commissions and fees, and safety are impressive.


Articles on Coinmama

Coinmama Review

Coinmama is a well-known cryptocurrency broker with high-quality customer service. Are their relatively high fees worth it? Read on to find out.

Articles on Binance

Binance Review

Binance is one of the largest cryptocurrency exchanges in the world. But is it a legit platform for trading your crypto? Find out before you sign up.

Crypto.com vs Binance

Binance is one of the largest cryptocurrency exchanges in the world, and Crypto.com is on a path to offer all things crypto. Which is right for you?

Which Do You Think is Best?





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About CreditDonkey
CreditDonkey is a crypto comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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