How to deposit and withdraw money

How to deposit and withdraw money

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This blog post is part of the CoinMate.io How-To Series

Once you have registered with CoinMate.io, you are able to begin trading bitcoin on the exchange which is priced in US Dollars. If you would like to deposit or withdraw money, and have completed verification successfully, you can begin to deposit and withdraw money. The exchange does not charge for deposits or withdrawals. As a European exchange, we accept SEPA transfers in Euro, Czech Koruna and Polish Zloty. Once you are logged in, go to the Finances page and select to deposit or withdraw money.

Deposit and withdraw money from your CoinMate.io account
Deposit and withdraw money from your CoinMate.io account

To deposit money, click on deposit, and then select from one of the currencies we support. You will then be provided with bank details. Make a lodgement to the exchange from your bank. This usually takes one to two working days. Once your payment has been received in our account, we will convert this into dollars using the xe.com exchange rate for your currency, with a 0.5% margin applied.  Once this is credited to your account, you can then trade on the exchange. There is no minimum deposit amount.

To withdraw money, click on withdraw, and then select from one of the currencies we support. There is a minimum withdrawal of $20. Enter the amount in dollars you would like to withdraw, and then enter in your bank details. Please note, that withdrawals to third party accounts unrelated to the verified user will be cancelled, with the funds being put back onto your account.

Withdraw to Euro, Czech Koruna and Polish Zloty
Withdraw to Euro, Czech Koruna and Polish Zloty

We process withdrawals several times a day, and usually it takes between one and two working days, but withdrawals made early in the day can often be received on the same day.

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How to deposit and withdraw bitcoin

How to deposit and withdraw bitcoin

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This blog post is part of the CoinMate.io How-To Series

Once you have registered with CoinMate.io, you can immediately begin to deposit bitcoin onto your account, and trade this on the exchange. Depositing bitcoin is straightforward, and funds will be available on your account after two confirmations. The exchange does not charge for bitcoin deposits or withdrawals. The minimum deposit and withdrawal for bitcoin is 0.001btc.

Deposit bitcoin onto your CoinMate.io exchange
Deposit bitcoin onto your CoinMate.io exchange

To deposit bitcoin, go to the Finance page and click on deposit. You will be given a unique bitcoin address. You can generate a new address every 24 hours. Go into your bitcoin wallet, and enter the amount of bitcoins you would like to deposit, and enter in the bitcoin address. Once this is submitted to the network, it will automatically be credited to your account once the transaction has been confirmed twice. You can then begin to trade your bitcoin on your account.

Simply and quickly withdraw bitcoins from your CoinMate.io account
Simply and quickly withdraw bitcoins from your CoinMate.io account

To withdraw bitcoin, go to the Finance page and click withdraw. Here you can enter a bitcoin address for your wallet, and the amount of bitcoin you would like to withdraw. You will then either be sent a code by email to confirm your withdrawal, or enter in your Google Authenticator code. Once this is done, within a minute, the withdrawal will be processed, and you will have the bitcoins transferred to your wallet.

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Using the CoinMate.io API

Using the CoinMate.io API

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This blog post is part of the CoinMate.io How-To Series

CoinMate.io allows advanced traders to interact with the bitcoin exchange through an API. Once you are logged into the exchange, go into the Accounts page. From here, select the API tab to get access to your credentials.

Trade and withdraw using the CoinMate.io API
Trade and withdraw using the CoinMate.io API

Then generate your API keys, and you will be sent an email with a verification code, or Google Authenticator if you have activated this on your account. Once you generate keys, your public key will be shown to you, and you will be shown your private keys once. Please make sure that this private key is kept safe and secure. You can also generate new keys at any time, which will invalidate keys already issued.

Traders can also design bots operating through our API to trade on the exchange. You can read the full documentation on the CoinMate.io API by visiting http://docs.coinmate.apiary.io/

Please note, we strongly suggest two-factor authentication on your accounts to prevent misuse of API access to your account.

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