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The 9 crypto wallets available on Bitmama Exchange

Having a reliable and secure wallet is arguably the most important step to managing and safeguarding your crypto and digital assets. Bitmama Exchange understands this need and offers a diverse range of crypto wallets to cater to users’ preferences. Offering one of the most elaborate wallet options, users can choose from 10 crypto wallets available on Bitmama exchange to suit their trading needs. 

The-best-crypto-exchange-platform
The-best-crypto-exchange-platform

What crypto wallets are available on Bitmama? 

Let’s take a closer look at the 10 crypto wallets available on Bitmama Exchange, each providing a secure storage solution for different cryptocurrencies.

1. Bitcoin (BTC) wallet: 

Bitcoin
Bitcoin

As the pioneer of cryptocurrencies, Bitcoin needs no introduction. BitmamaExchange’s Bitcoin wallet allows users to securely store their BTC holdings, facilitating seamless transactions and easy access to the world’s most renowned digital currency.

2. Ethereum (ETH) wallet:

Ethereum, a decentralized platform for building applications and executing smart contracts, has gained significant traction in the crypto space. Users can store store and manage their ETH tokens with utmost security on Bitmama Exchange’s Ethereum wallet.

3. CELO (CELO) wallet: 

CELO is a blockchain platform that fosters financial inclusion and allows users to send, receive, and store digital assets. Bitmama Exchange’s CELO wallet provides a safe space for managing CELO tokens.

4. CEUR (CEUR) wallet: 

Stablecoins are becoming increasingly popular due to their stability and ease of use. Bitmama Exchange offers a wallet for CEUR, a Euro-backed stablecoin, allowing users to store their CEUR tokens securely.

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5. CUSD (CUSD) wallet: 

CUSD
CUSD

Another stablecoin on this list, CUSD, is designed to maintain a 1:1 value with the US Dollar. Users can securely store and manage their CUSD tokens, ensuring stability and convenience on Bitmama.

6. Matic (MATIC) wallet: 

Matic Network, now known as Polygon, provides a scalable and efficient platform for building decentralized applications (dApps). Bitmama Exchange’s Matic wallet offers a secure storage solution for users’ MATIC tokens, enabling seamless participation in the Polygon ecosystem.

7. USDC (USDC) wallet: 

USDC is a popular stablecoin pegged to the US Dollar, widely used for trading and remittance purposes. Bitmama crypto wallet allows users to securely store and transact with their USDC tokens.

8. USDT (USDT) wallet: 

USDT
USDT

Tether (USDT) is the largest stablecoin by market capitalization and is pegged to the US Dollar. Bitmama’s USDT wallet provides a secure and convenient storage solution for users’ USDT tokens, facilitating easy access and transactions.

9. XLM (XLM) wallet: 

Stellar Lumens (XLM) is a blockchain platform that enables fast, low-cost cross-border transactions. Bitmama Exchange’s XLM wallet offers a secure storage solution for XLM tokens, allowing users to harness the power of Stellar’s network.

10. XRP (XRP) wallet: 

XRP, the native cryptocurrency of the Ripple network, is widely used for efficient and low-cost international money transfers. With Bitmama wallet, users have access to a  secure storage solution for XRP tokens, allowing them to manage their holdings conveniently.

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How to open a crypto wallet on Bitmama

It is easy to open a crypto wallet on Bitmama. All you need to do is register an account and complete your KYC verification until level 3. On completion, the 10 available wallet addresses are automatically generated for your account.

How can I check my crypto wallet on Bitmama?

How to Identify your new Bitmama wallet address
How to Identify your new Bitmama wallet address

Follow the steps below to navigate to any of your crypto wallet addresses on Bitmama: 

  • Login to the Bitmama app and select “Wallet” on the bottom tap of your home screen
  • Navigate to “Crypto Wallet”
  • Browse the list of crypto wallets and select the one you chose to view

You can opt to withdraw your crypto to your fiat account at the current exchange rate or fund your account by sharing your wallet address via the number or QR Code. 

How can I fund my crypto wallet on Bitmama?

crypto trading strategies

There are two major ways to buy crypto on Bitmama. You can opt to purchase via direct order, or via our p2p exchange market directly from your bank account.

Purchasing cryptocurrency directly from Bitmama (Instant order)

Follow the steps below to buy crypto on Bitmama via instant order:

1. Download the Bitmama app, register and log in. 

2. Navigate to the verification page in your ”Account” section. Click on the verification button to submit the necessary documents and verify your account up to level 3.

3. Fund your fiat wallet by clicking on fund on the home dashboard

4. Select “Fund with Bank Transfer” and follow the prompts till completion.

5. Return to your dashboard and select “Buy”

6. Select your preferred cryptocurrency and fill in the amount you wish to purchase. The cost will automatically be filled out. Note that you need to fill in a sum lower than the balance in your fiat wallet. 

7. Click on “Buy” and follow the prompts till completion. 

Purchasing Crypto from the Bitmama P2P exchange

Bitmama P2P Trading
Bitmama P2P Trading

Follow the steps below to purchase crypto from Bitmama P2P exchange: 

1. Download the Bitmama app, register and log in. 

2. Navigate to the verification page in your ”Account” section. Click on the verification button to submit the necessary documents and verify your account up to level 3.

3. Select “P2P” in the bottom menu on your screen

4. Lastly, proceed to browse the available listing and choose the deal that works for you. Select “Buy” to initiate the transaction and complete the process. 

From Bitcoin and Ethereum to stablecoins like CEUR and CUSD, users can securely store and manage a diverse range of cryptocurrencies on Bitmama. These wallets ensure the safety of your digital assets while providing easy access and seamless transactions within their respective ecosystems. 

Bitmama also offers a secure marketplace for enthusiasts to trade crypto. Perform activities like crypto exchange, crypto staking, and creating virtual dollar or crypto cards for online payment. Get started today by downloading the Bitmama app.

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Emmanuel Agwu

Jul 18, 2023

5 mins read

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