ETH London Upgrade hard fork

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Dear Coinmates,

As one of the major Ethereum upgrade is about to be implemented in the upcoming hours, we’d like to sum up for you the important features of the update. Additionally, ETH and DAI transactions to and from Coinmate are going to be suspended for a while to keep your funds secure. Processing payments during the update can eventually result in loss of the funds.

The so-called London Upgrade will take place at approximately 14:16 GMT on the 5th of August.

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CZK bank withdrawals enabled and unlimited CZK bank deposits

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Dearest Coinmates,

We have great news today! Happy to announce that it’s champagne popping time, the wait is finally over! 

In cooperation with ThePay.cz we have now made it possible for all verified Coinmate accounts to make unlimited CZK bank deposits and CZK bank withdrawals. The verification limits are still in place, so you can deposit and withdraw CZK up to your daily and monthly verification limits.  Should you need higher limits, you can apply for them in your Coinmate account menu VERIFICATION or by clicking the “+ Increase limit” link in the deposit form.

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The History of Cryptocurrency l CoinMate.io

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Cryptocurrency and its short history

Rarely does a day go by when the word “cryptocurrency” doesn’t appear in the news. Nowadays its popularity is rising among private investors, companies and even governments. But although this mysterious concept has been around for some time now, many people do not know anything about the history of cryptocurrency. How did it all start and who was the founder of this decentralised and complex system? Find the answers below in this article. 

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Important Coinmate update

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Dear Coinmates,

we hope you are staying healthy and enjoying the crypto bull run with us. We have 3 notifications we would like to inform you about.

First of all, we plan a scheduled maintenance today Thursday 4th February starting at 22:00 (10 pm). We will be doing database index performance updates which may take anywhere from 1 hour to 2 hours. Please note that the website will be offline during this time.

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SCAM – can you really double your money?

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Dearest Coinmates,

It is always good to repeat some security essentials. After what recently happened on Twitter, we decided that it would be good to remind our blog readers about some usual SCAM schemes and how to avoid being tricked by these.

But let’s start from the beginning, it is always good to remember, that your crypto account is pretty different from your bank account in a way, that there is no central institution governing it. So generally, you are an owner of your own bank in a sense.

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Track your withdrawals with Blockchair

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We are always trying to improve our service. That’s why we are adding new features in almost every new release. This time we partnered with Blockchair to give you the option to watch your crypto withdrawal from our exchange.

We know how many scams and non-trustworthy projects regarding crypto are out there. We wanted you to feel safer. That’s why you can track your withdrawals through Blockchair now. 

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CZK deposits activated!

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Dear Coinmates,
We are pleased to announce that today we have activated CZK bank deposits!

This new service is offered in cooperation with renowned Czech financial institution GoPay. For some time, the service will be limited to deposits up to a maximum of CZK 26,500 / month but we are already working on a solution allowing unlimited CZK bank deposits and withdrawals.

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EUR Deposits enabled

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Dear Coinmates,

We are happy to announce the re-enabling of EUR deposits on Coinmate!

It wasn’t easy but we put up the fight as promised. Fortunately, we managed to acquire new banking partners for both EUR and CZK. It took us through endless meetings and presentations, even the COVID outbreak stood in our way. But we were successful in the end! Continue reading “EUR Deposits enabled”

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