Coinmate Exchange Review : It Is Good Or Bad ?

Coinmate Exchange Review : It Is Good Or Bad ?

About Coinmate Exchange

Coinmate Exchange After securing backing from a large IT company specializing in financial software, Coinmate drew first breath in early 2014 and is already on its way to making a significant impact. Their team consists of top-notch financiers, traders, and experienced developers. They are early Bitcoin adopters with a varied level of skills, making us uniquely qualified to be part of this burgeoning space. Since then the reached multiple amazing milestones and the never stopped improving the cryptocurrency exchange.

Trade bitcoin, ethereum, ripple, litecoin and more with one click. A hassle-free option for those who simply need to buy or sell crypto within a few seconds.

Coinmate Basic Points

Exchange NameCoinmate
Accepted Payment Methods-BTC, BCH, LTC.
LanguageEnglish
Fiat DepositYes
Taker Fee 0.25%
Maker Fee 0.12%;
Security High
Deposit Fee1 EUR
Address29 Throgmorton Street London, United Kingdom
EC2N 2AT
Withdraw Fee n/a
Customer Support Available At Ticket & Live Chat
Official SiteHomepage

How To Start ?

How To Sign Up At CoinmateExchange ?

bitfinex sign up button

It Is Very Easy To Sign Up At Coinmate Exchange . Just Click On Sign Up Button At Coinmate Website .Fill Registration Form With Correct Details Like Your Email , Phone Number , Password Etc . Once You Fill All Data You Get Verification Link At Your Email . Just Verify Your Link For Successfully Verification.

How To Deposit Fund At Coinmate Exchange ?

Once your Coinmate account has been verified, click on the ‘DEPOSIT’ button, which you’ll find at the top right-hand side of the screen. Choose which currency you want to deposit with (BTC/USDT/ETH/DOGE) and then you will be provided with the Wallet details that you need to transfer the funds to .

How To Trade At Coinmate Exchange ?

Once your account is funded, you can then begin day trading at Coinmate. Click on the ‘TRADING’ button at the top of the screen, and you will be taken to the main trading area. You now need to select the trading pair that you want to trade.Finally, enter the amount that you want to buy, decide whether you want to do a ‘market order’ or ‘limit order’, and then place your trade.

How To Withdraw At Coinmate Exchange ?

Withdrawing your funds from Coinmate is very easy. Go to the “Withdraw” window, select the asset you want to take out and fill all the required fields. Note that you won’t be able to withdraw currencies if you haven’t secured your account with 2FA and/or whitelisted addresses.

How To Verify Id At Coinmate ?

You Can Start Trading On Coinmate Without Going Through The Verification Process, However, In Order To Trade Fiat Currencies For Bitcoin Or To Trade With Stablecoins, Id Verification Is Needed. Depending On The Account Type (Individual Or Corporate), The Exchange Can Require Additional Documents.

Mission

Coinmate We’re here to make P2P digital currency trading simple and accessible for everyone. They do that three ways. First, the work hard to provide a simple, secure, low-fee trading platform. Second, the strive to define new standards in bitcoin exchange and trading. Third, the provide the best customer support in the industry as you can see on the TrustPilot score.

Agregated Trading Fees

30 DAY TRADING VOLUMETAKERMAKER
< 10,000 EUR0.35%0.3%
< 100,000 EUR0.23%0.11%
< 250,000 EUR0.21%0.1%

Deposit & withdrawal

DEPOSIT FEE WITHDRAWAL FEE 
1 EUR1 EUR
1.5% min 2 EURn/a
01 EUR
0n/a
00.00007 BTC / 0.00016 BTC

API Integration

Coinmate HTTP Application Programming Interface (API) is optimised for ultra-low latencyconnections. They provide sample code in PHP, Java, Python, Ruby, Perl, Go, C#, Groovy…, and a mock server.

XChange Java library

Coinmate Take advantage of a Java library, which streamlines API of 50+ Bitcoin and Altcoin exchanges. XChange is a consistent interface for market data and for trading.

Advanced Trading

Coinmate An advanced trading view for those who want to follow market events and monitor their trading. This interface is completely live which makes it perfect for daily trading. Trade bitcoin like a pro.

Speed

Coinmate Speed is important. That’s why we offer SOFORT, the instant bank deposit. their cryptocurrency deposit and withdrawal times are the shortest in the industry. And we offer instant litecoin withdrawals, which are processed within a few seconds after submission.

Reliability

Coinmate have been in the financial industry since 2006 that is why we know how important it is to hold client funds separate from operating capital. In the unlikely event of the insolvency of the company, clients will be entitled to obtain their full account balance. Our bitcoin wallets are monitored in real-time.

Security

Coinmate use 3 types of cryptocurrency wallets (hot, cold and super-cold). Only the hot wallet holds keys online and has a controlled and limited amount of cryptocurrency in it. All client accounts are secured by 2-factor authentication (required for withdrawals and account settings).