Coinmama in Guernsey
- Rank in Guernsey
- #4 of 4
- Bitcoin in Guernsey
- Legal
- Our rating
- 3.9
- Review updated
- 2026-08-12
Yes. Coinmama serves Guernsey and ranks fourth of the 4 exchanges in our Guernsey guide, on fees, security record and local payment support. Here it takes Faster Payments, Debit or credit card and International wire; Faster Payments is the rail local buyers lead with. A commission that varies by payment method and loyalty tier, plus a processing surcharge on card, Apple Pay, and Google Pay purchases, on top of a quoted price that includes a markup over spot. Identity verification is required before your first purchase.
How to pay on Coinmama in Guernsey
The deposit rails Coinmama offers to buyers in Guernsey, from our Guernsey guide reviewed 2026-08-20. Each one links to how that rail works here.
What Coinmama charges, and what it asks for
A commission that varies by payment method and loyalty tier, plus a processing surcharge on card, Apple Pay, and Google Pay purchases, on top of a quoted price that includes a markup over spot. Bank transfers avoid the card surcharge.
- spread note
- Quoted prices include Coinmama's markup over the spot rate; card, Apple Pay, and Google Pay payments add a processing surcharge.
- deposit note
- There are no deposits: you pay per purchase with a card or bank transfer.
- withdrawal note
- There is no withdrawal step; bitcoin is delivered directly to the wallet address you give at checkout.
Identity verification
Required. Identity verification is required before your first purchase.
Is bitcoin legal in Guernsey?
Bitcoin is legal in Guernsey, and the island runs its own regulatory framework rather than borrowing the UK's. The Lending, Credit and Finance (Bailiwick of Guernsey) Law 2022, in force since 1 July 2023, requires virtual asset service providers carrying on business in or from the Bailiwick to be licensed by the Guernsey Financial Services Commission (GFSC). Buying from a global exchange as a resident is legal, and Guernsey levies no capital gains tax, which makes the tax picture simpler than in most of Europe.
Every exchange we rank in Guernsey
Ranked by our editorial review of fees, security record and local payment support. Rankings are never sold.
| # | Exchange | Rating | Fees | ID check | Pays with |
|---|---|---|---|---|---|
| 1 | Kraken | 4.7 | From 0.25% maker, 0.40% taker | Required | Debit or credit card, International wire |
| 2 | Coinbase | 4.5 | Maker-taker on Advanced Trade | Required | Debit or credit card, International wire |
| 3 | CEX.IO | 4.0 | Maker-taker; card costs more | Required | Faster Payments, Debit or credit card |
| 4 | CoinmamaThis page | 3.9 | Commission plus card surcharge | Required | Faster Payments, Debit or credit card, International wire |
Frequently asked questions
Is Coinmama available in Guernsey?
Yes. Coinmama ranks fourth of the 4 exchanges in our Guernsey guide, ranked on fees, security record and local payment support. Here it takes Faster Payments, Debit or credit card and International wire; Faster Payments is the rail local buyers lead with. Our Guernsey guide was last reviewed 2026-08-20 and the Coinmama review on 2026-08-12.
What payment methods does Coinmama accept in Guernsey?
In Guernsey, Coinmama takes Faster Payments, Debit or credit card and International wire. These are the localized rails from our Guernsey guide, not the platform's global list.
What does Coinmama charge?
A commission that varies by payment method and loyalty tier, plus a processing surcharge on card, Apple Pay, and Google Pay purchases, on top of a quoted price that includes a markup over spot. Bank transfers avoid the card surcharge.
Does Coinmama require identity verification?
Yes. Identity verification is required before your first purchase. Our record marks this as the platform's own policy rather than a Guernsey rule, so it applies wherever Coinmama operates.
Is bitcoin legal in Guernsey?
Bitcoin is legal in Guernsey, and the island runs its own regulatory framework rather than borrowing the UK's. The Lending, Credit and Finance (Bailiwick of Guernsey) Law 2022, in force since 1 July 2023, requires virtual asset service providers carrying on business in or from the Bailiwick to be licensed by the Guernsey Financial Services Commission (GFSC).
Coinmama elsewhere in Europe
Coinmama ranks in 144 countries on this site. the review lists all of them.
