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Coinmama vs CoinSpot

Comparing
two exchanges
Decided by
Editorial rating
Last reviewed
2026-08-23
Coinmama3.9

A card-first broker that sends bitcoin straight to your own wallet instead of holding it for you.

CoinSpot4.4

Australia's largest exchange by user count, with the widest set of local funding rails and a 0.1 percent market-order fee for anyone who avoids the instant-buy button.

Verdict: CoinSpot

CoinSpot rates higher on our rubric: 4.4 against 3.9 for Coinmama.

Criterion
Editorial rating
Coinmama
3.9
CoinSpot
4.4

Coinmama and CoinSpot, fact by fact

Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.

Coinmama and CoinSpot compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactCoinmamaCoinSpot
Editorial rating3.94.4 (favoured on this row)
Published feesCommission plus card surcharge0.1% market, 1% instant buy
Maker feeNot published0.1 percent on the market-order screen
Taker feeNot published0.1 percent on the market-order screen
Identity verificationRequiredRequired
Bitcoin-onlyNoNo
Payment rails supported344
Countries ranked in1441
Ranks first in230
Countries shared11
Security recordNo record on fileNo record on file
Founded20132013
HeadquartersVancouver, Canada (Wellfield Technologies)Melbourne, Victoria, Australia
Last reviewed2026-08-122026-08-23

Where both Coinmama and CoinSpot are ranked

Each country guide ranks its own roster on published fees, security record and local payment support, so the two can sit in a different order from one country to the next.

Countries whose guide ranks both Coinmama and CoinSpot, with each platform's position in that guide.
CountryStatusCoinmama ranksCoinSpot ranksComparison
AustraliaLegal#10#2Best exchanges there

Frequently asked questions

Is Coinmama or CoinSpot better?

CoinSpot rates higher on our rubric: 4.4 against 3.9 for Coinmama. The rating weighs published fees, security record and local payment support; the table above sets each beside the other so you can check the score against the facts.

Which is cheaper, Coinmama or CoinSpot?

Coinmama: Commission plus card surcharge. CoinSpot: 0.1% market, 1% instant buy. Those are each platform's published headline rates; card purchases and instant-buy widgets cost more than the order book on both, and each review carries the full schedule.

Where can I use both Coinmama and CoinSpot?

Both are ranked in our guides for Australia. Coinmama is ranked in 144 countries in all and CoinSpot in 1; each country guide ranks its own roster, so the two can sit in a different order from one country to the next.

Has Coinmama or CoinSpot had a security incident?

Coinmama carries no dated security record on our review yet, a gap in our records rather than a clean bill. CoinSpot carries no dated security record on our review yet, a gap in our records rather than a clean bill. Both reviews list every event with its source.

Do Coinmama and CoinSpot require ID verification?

Coinmama: required; identity verification is required before your first purchase.. CoinSpot: required.

The full reviews: Coinmama and CoinSpot, each with its sources, and every exchange we review.

More comparisons

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