Cost Of Purchasing $1,000 of Bitcoin On Coinmama
Let’s go over the actual cost of purchasing from CoinMama if you wanted to buy $1,000 worth of bitcoin from them.
|Credit card purchase fee||5%||$50|
|Cash advance fee||Dependent on bank or credit card issuer||Unknown|
|Exchange rate fee||Coinmama prices are set in USD and Euros. If you are using another currency, your bank or credit card may assess a currency exchange fee.||Unknown|
|TOTAL KNOWN COST||$1,105|
It will cost you approximate $1,105 to buy $1,000 worth of bitcoin with a credit card using Coinmama if the 5% credit card processing fee is still included. It might even be more, if you are charged with a cash advance fee by your credit card company.