Coinmama in Venezuela: not available
- Availability
- Not available
- Bitcoin in Venezuela
- Unclear
- Our rating
- 3.9
- Review updated
- 2026-09-07
No. Coinmama does not serve residents of Venezuela: Venezuela is on the list of restricted countries that Coinmama itself publishes, quoted below with the date it was read. 1 exchange in our Venezuela guide does: Binance, ranked on fees, security record and local payment support.
- Availability
- Not available
- Ranks in
- 136 country guides
- Currency
- Venezuelan bolivar (VES)
- Headquarters
- Vancouver, Canada (Wellfield Technologies)
Where this comes from
Derived from Coinmama's restricted countries and states page, https://www.coinmama.com/support/restricted-countries-and-states, read on 2026-09-05. It is an exclusion list: every country listed here is a sourced no, and a country absent from it is unknown rather than served. The page also names New York and Louisiana, which the state pages cover, and territories without a guide on this site (Abkhazia, Crimea, Northern Cyprus, South Ossetia, the Luhansk and Donetsk regions, the Sahrawi Arab Democratic Republic and North Korea), which are not listed. Nine of the countries on the page (Belarus, the Central African Republic, Lebanon, Nicaragua, Palestine, Somalia, South Sudan, Venezuela and Zimbabwe) were ranked in this site's guides until 2026-09-07, when those rows were removed on the strength of this page: the operator's own list decides availability.
What to use instead in Venezuela
1 exchange in our Venezuela guide does: Binance, ranked on fees, security record and local payment support. Binance in Venezuela
Is bitcoin legal in Venezuela?
Venezuela built a formal crypto framework and then let it collapse. The regulator Sunacrip has been paralyzed since a March 2023 corruption scandal put its leadership in jail and the agency into an extended reorganization, and the state's own petro token was shut down in January 2024. Crypto use remains widespread and is not prohibited for individuals, but with the licensing system dormant and a mining crackdown since May 2024, the legal position is best described as unclear.
Where Coinmama does work
Coinmama ranks in 136 of our country guides and lists 21 other countries it cannot serve. Every country, with rank and rails
Also not available in
Frequently asked questions
Is Coinmama available in Venezuela?
No. Coinmama lists Venezuela among the countries whose residents it cannot serve. Derived from Coinmama's restricted countries and states page, https://www.coinmama.com/support/restricted-countries-and-states, read on 2026-09-05. Our Venezuela guide was last reviewed 2026-09-07 and the Coinmama review on 2026-09-07.
Why does Coinmama not serve Venezuela?
Coinmama names Venezuela on the restricted-countries list it publishes, without a per-country reason. The list is quoted on this page with the date it was read; a country absent from it is unknown rather than served, which is why this site only says no where the operator itself does.
What can I use instead in Venezuela?
1 exchange in our Venezuela guide does: Binance, ranked on fees, security record and local payment support. Each has its own Venezuela page here with the payment methods it takes there.
Is bitcoin legal in Venezuela?
Venezuela built a formal crypto framework and then let it collapse. The regulator Sunacrip has been paralyzed since a March 2023 corruption scandal put its leadership in jail and the agency into an extended reorganization, and the state's own petro token was shut down in January 2024.
Where is Coinmama available?
Coinmama ranks in 136 of our country guides and lists 22 countries it cannot serve, Venezuela included. Both lists are on the Coinmama countries page.
Sources
- 99Bitcoins: Coinmama review
- Coin Bureau: Coinmama review
- Coinmama: restricted countries and states
- Cointelegraph: Venezuela extends reorganization shutdown of crypto agency
- Contxto: Venezuela shuts down petro cryptocurrency amid scandal
- Bitcoin Magazine Pro: Venezuela cracks down on bitcoin mining over power grid
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