How does peer to peer exchange work?

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How does peer to peer exchange work? Unlike an exchange office, where the operator provides exchange to customers from his own stock, Coinmate as a peer to peer exchange only provides a matching engine. Peer to peer exchange clients place bids and asks to buy and sell and the operator does not enter the trade. When bids and asks match at a certain price, the trades take place. We at Coinmate peer to peer exchange do not influence the price on the market, the price is simply created based on supply and demand.

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Coin vs. Token -What is the difference? | CoinMate.io

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What is the difference between a Cryptocurrency coin and a token?

Many people don’t know the difference between a coin and a token as they think they are both the same thing. Entering the Cryptocurrency Market by newbies is very difficult because one needs to know beyond the surface knowledge like the uptrend or downtrend of Bitcoin and some other common knowledge. One needs to know about blockchain which without it there will be no coin or token.

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Bitcoin for Easter?!

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We are a crypto exchange and a trading platform, frankly, you couldn’t have expected any other headline, right? 

We actually thought about writing an article on festivity, joyous springtime and the recent crypto bull run. But why should we bore you with such old news?  Even in case you are not very familiar with crypto, you must have had an encounter with an article about a new bitcoin high.

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Christmas Giveaway!

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Last month we partnered with Trezor to do a giveaway on our social media! The competition was quite simple, and we got three winners. Follow us on Twitter or Facebook, so you don’t miss anything we share. If you missed it, don’t be sad. We enjoyed giving back to our community; that’s why we prepared another giveaway!

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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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Bitcoin vs. Altcoins – What is the difference?

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Dear Coinmates,

welcome back to our blog. Today, we’ll look a little bit more into cryptocurrency trivia. As you all know, there are many cryptocurrencies on the market nowadays. Crypto world now counts hundreds of different blockchains.

New tokens are developed almost daily and it is already years past the time that there was just Bitcoin. You can now buy and trade many different coins with various specifics. Today, we prepared this short text for those of you who wonder what are these differences and how to get advantage of them.

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FIAT payment options re-establishment

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Dear Coinmates,

We’re back today with some good news!

At the end of May, or possibly the beginning of June, we’re planning on re-introducing EUR deposits and withdrawals. We just need to sit down with our banking partner to fine-tune the automated payment process. As you can imagine, putting something like this in place requires rigorous testing. For that reason, we’re expecting to have everything ready to roll out in approximately three weeks.
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Tell your grandpa about crypto

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Well, we already have quite a few how-to articles and tutorials on our blog. It is the best time to stop explaining where to click and what to secure first, but to loosen the official tone a little bit. And maybe, to bring something to the general discussion. Or, at least, outlay a few interesting ideas. So, let’s get into some less official stuff in upcoming texts.

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