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Coinmama vs Mercado Bitcoin

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.

Mercado Bitcoin4.4

Latin America's largest exchange, licensed by the central bank as a payment institution, with free real deposits and withdrawals.

Verdict: Mercado Bitcoin

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

Criterion
Editorial rating
Coinmama
3.9
Mercado Bitcoin
4.4

Coinmama and Mercado Bitcoin, 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 Mercado Bitcoin compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactCoinmamaMercado Bitcoin
Editorial rating3.94.4 (favoured on this row)
Published feesCommission plus card surchargeFree BRL in and out
Maker feeNot publishedTiered from 0.015 percent to 0.7 percent by 30-day volume
Taker feeNot publishedTiered from 0.015 percent to 0.7 percent by 30-day volume
Identity verificationRequiredRequired
Bitcoin-onlyNoNo
Payment rails supported342
Countries ranked in1441
Ranks first in230
Countries shared11
Security recordNo record on fileNo record on file
Founded20132013
HeadquartersVancouver, Canada (Wellfield Technologies)Sao Paulo, Brazil
Last reviewed2026-08-122026-08-23

Where both Coinmama and Mercado Bitcoin 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 Mercado Bitcoin, with each platform's position in that guide.
CountryStatusCoinmama ranksMercado Bitcoin ranksComparison
BrazilLegal#7#2

Frequently asked questions

Is Coinmama or Mercado Bitcoin better?

Mercado Bitcoin 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 Mercado Bitcoin?

Coinmama: Commission plus card surcharge. Mercado Bitcoin: Free BRL in and out. 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 Mercado Bitcoin?

Both are ranked in our guides for Brazil. Coinmama is ranked in 144 countries in all and Mercado Bitcoin 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 Mercado Bitcoin had a security incident?

Coinmama carries no dated security record on our review yet, a gap in our records rather than a clean bill. Mercado Bitcoin 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 Mercado Bitcoin require ID verification?

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

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

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