SOFORT and Mastercard payment transfers

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Dear Coinmates,

SOFORT payment transfer has been added and is now available for traders in Austria, Belgium, Germany, Italy, the Netherlands, Poland, Spain and Switzerland. The fees for using this payment method are an extremely low 1.5%.

Coinmate Account Deposit Options

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SOFORT is a secure system with instant payment transfer capabilities. Those traders who are located in countries that support SOFORT should find it very convenient.

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Additionally, we have enabled Mastercard payment options for all of our European clients. Coinmate fees for funding your account with Mastercard are among the best the market has to offer, and range from between 3.8% and 3.98%. You can find out more on our fees page.

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Visa card payments will also be accepted in the very near future. Our Visa payment method is already in the test environment and should be available for clients very soon.

Regards, Coinmate team

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Currency pairs BCH/EUR and BCH/CZK added

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Dear Coinmates,

Two currency pairs – Bitcoin Cash/Euro (BCH/EUR) and Bitcoin Cash/Czech Koruna (BCH/CZK), have been added to the exchange. Buying and selling Bitcoin Cash will have reduced fees until the end of the year.

Coinmate is committed to improving our services long-term, and to support positive developments in the cryptocurrency industry as a whole. New currencies and more enhancements will be added in the near future.

Best regards,

Coinmate team

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Press coverage August 2018

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Cheers, Coinmates!

Here’s a bit of press coverage about us – on the subject of our new negative fees.

A big thank you to the media who published.

Regards, Coinmate team

 
Bitcoinafrica.io
https://bitcoinafrica.io/2018/08/14/crypto-exchange-coinmate-io-pays-traders-to-trade/

Bitnovosti.com
https://en.bitnovosti.com/2018/08/15/coinmate-io-crypto-exchange-started-applying-negative-fees-to-high-volume-traders/

Blokt.com
https://blokt.com/trading/competition-has-driven-one-crypto-exchange-to-embrace-a-negative-fee-model/amp

Cryptocapitalnews.com
http://cryptocapitalnews.com/competition-between-exchanges-heats-up/

Cryptoverze.com
https://cryptoverze.com/exchange-pays-traders-as-competition-heats-up/

Zycrypto.com
https://zycrypto.com/coinmate-exchange-surprises-exchange-market-with-negative-fees/

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Coinmate.io pays traders to trade. Our new fees

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Dear client,

Coinmate is pleased to offer you negative fees of 0.05 per cent if your trading volume hits over three million euros over a monthly period.

This is not a gimmick or a special offer. It is now our standard policy. We believe this is a world first among crypto exchanges. We’ve always been proud of our low fees and would like to show you how we compare with other exchanges.

Standard fee comparison among exchanges

EXCHANGE TAKER FEE MAKER FEE
Coinmate 0.25% 0.12%
Kraken 0.26% 0.16%
GDAX 0.30% 0.00%
Bitstamp 0.25% 0.25%

If you hit the magic three million euros monthly trading volume, then we will provide you with a 0.06% ‘taker’ and  -0.05% ‘maker’ fee. Yes that’s right – we will pay you for your ‘maker’ trades.

Take a look how this compares with other exchanges:

Fee comparison on three million euros trading volume

EXCHANGE TAKER FEE MAKER FEE
Coinmate 0.06% – 0.05%
Kraken 0.14% 0.04%
GDAX 0.30% 0.00%
Bitstamp 0.12% 0.12%

We hope you will benefit from these changes. If you want more detailed information, please have a look at the fees page on our site.

Lowering fees,

Your Coinmate.io team

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