Nice to see you back on our blog! Happy that you want to know some more about Coinmate. Today, we are going to share some things about our fee policy. You found out how to trade the last time, so now it is the best time to find out how our fees apply and how to get them as low as possible. And we are pretty proud to tell you, that you can even get them to minus values. These are not even fees anymore, are they?
As we strive to bring you more functions with each and every new release, it would be nice to describe them a little bit, wouldn’t it? We got so many messages from you all about stop-loss orders, and as long as it took to implement them, they are finally here.
Hello there Coinmates! We promised to keep you informed about all the new features we have for you, and promises should be kept. Today we are going to have a closer look
Here we are again, as promised. Last week we released a new version of Coinmate, loaded with extra features. The announcement was positive, but not very detailed, so here is a follow-up with all the extra info you’d hopefully like to see.
Also, as always, I can tell you we are pretty excited about what we are presenting here. All based on the feedback we got from you. So please, keep it coming by staying in touch, future releases will be even more fitting to your needs and requirements.
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For Immediate Release —
CoinMate.io launches European Bitcoin Exchange
UK Registered Bitcoin Exchange offers USD/Bitcoin trading, 0.2% trading fee, and free deposits and withdrawals for Euro, Czech Koruna & Polish Zloty
15 April 2015. Confirmo Ltd, is proud to announce the public launch of the CoinMate.io Bitcoin Exchange. It offers users in Europe and around the world banking grade security, two-factor authentication, 2 confirmation bitcoin deposits, speedy bitcoin withdrawals and a 0.2% fee on all trades. It accepts Euro, Koruna, Zloty and OKPay.
CoinMate.io allows people to quickly buy or sell bitcoins with instant orders, or set market prices to speculate on price changes. Advanced traders can access the exchange via API, and build bots to trade on the exchange. The verification process is completed in one working day, requiring photo ID and proof of address for individuals, and further registration information for those operating a company account. However, the exchange does not provide services to US citizens.
European users in the 34 SEPA countries can deposit Euro in 1-2 working days. This is converted into dollars at the time of receipt using the xe.com exchange rate plus a 0.5% spread. Withdrawals are processed twice a day, and in some cases, payments sent in the morning can hit client’s accounts on the same working day, or next day.
Developed over two years, CoinMate.io incorporates security best practices from the finance industry. The exchange uses banking grade SSL encryption combined with two factor authentication on important actions via email or Google Authenticator. Over 95% of funds are held in cold storage in multi-sig wallets.
“We have a long experience with financial management and IS/IT development. Security is a top priority for us.” said Roman Valihrach, CEO of Confirmo. “Our sister platform BitcoinPay.com came second last year in the 2014 Starcube.cz Accelerator Program, and with that experience, we set out to make a truly user friendly exchange for bitcoin fans across Europe and beyond.”
CoinMate.io is available now at http://www.CoinMate.io and has a $1 bonus for new accounts that complete verification until the end of May 2015. You can also follow it at https://twitter.com/CoinmateBT .
— End Release
CoinMate.io is a European Bitcoin Exchange, denominated in USD. It enables buyers in the SEPA area and beyond, to quickly and easily buy, sell and trade bitcoin with a low 0.2% transaction fee and one working day identify verification. Advanced traders can use the exchange via API. It supports deposits and withdrawals in Euro, Czech Koruna, Polish Zloty and OKPay. The exchange holds 95% of client funds in multi-sig cold storage, and employs banking grade SSL, and email or Google Authenticator 2FA to give our clients peace of mind.
About Confirmo Ltd
Although Confirmo Ltd. was established in 2014, we were active in bitcoin community since we bought our first bitcoin in 2010 and then mined our first bitcoin in 2011. Our previous project Dagensia provided regulated brokerage services and prepaid debit cards. But we decided to give more to the community and so we established Bitcoin Exchange CoinMate.io and Payment Gateway BitcoinPay.com. Our mission is to provide effective trading and to bring Bitcoin to the masses.
Assets accompanying this press release are available at http://coinmate.io/static/
For media enquiries, or interview requests, please contact Jamie McCormick at firstname.lastname@example.org
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Reading Time: 2 minutesThis blog post is part of the CoinMate.io How-To Series
This blog post looks at the registration and verification process on the CoinMate.io bitcoin exchange. Registering is required to deposit, withdraw and trade bitcoin or withdraw and deposit using OKPay, while verification is required if you would like to deposit or withdraw in Euro, Czech Koruna or Polish Zloty. Please note as a policy, we do not open accounts for US Citizens.
Registering with the CoinMate.io exchange is straightforward. Simply select your country, your email address and your password. You also need to accept our terms and conditions. Once you have registered, you will need to check your email and click the activation email to gain access to your account. Once this is done, you can lodge and deposit bitcoin, and trade on the exchange.
If you would like to utilise the exchange to convert bitcoin into any of the currencies we support, we require verification of your identity to comply with anti-money laundering regulations in Europe. This process usually takes no more than one working day, and this can be sped up by contacting our support using the exchange’s chat function.
Individuals are required to securely upload high resolution copies of identity documents. We accept nationally issued photo ID, Passports or drivers licenses. We also require either a utility bill, or a second ID, as well as a copy of a bank statement. For businesses looking to register, we require a Certificate of Incorporation, and we will do further verification of business accounts to ensure that the named individual is a director of the company.
Once the verification process is complete, you will be able to trade on the exchange. So why not sign up to CoinMate.io today!Follow us on: