CoinMate v1.2 replaces USD with EUR Bitcoin Trading

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Dear clients,

After 6 months of hard work, we are ready to announce a new version 1.2 of the CoinMate.io bitcoin trading platform replacing the current v1.1 beta.

The new version will introduce the following:

  • Quick Buy and Sell, a new function that will let you buy or sell Bitcoin with one click
  • Maker / Taker fees (the lower maker fee 0.05% is charged when supplying liquidity into the order book and taker fee 0.35% is charged when taking existing offers from the order book) This will replace the current 0.2% flat fee
  • New language versions of the portal in German, Czech and Polish
  • New header and menu for easier navigation
  • Overview of all CoinMate trades in the trading user interface
  • Help boxes providing basic information on the various functionalities
  • New verification and KYC process introducing verification levels
  • Live Bitcoin price in the Browser title
  • Top 10 traders will be rewarded with 0% maker fee and 0.1% taker fee schedule for 30 days each month
  • New verified sign-ups will no longer receive the 1USD sign-up bonus
  • New terms for our referral program. 50% commission of maker/taker fees from referred users for 6 months from date of registration
  • Creating and redeeming vouchers will have a flat fee of 0.35%
  • Improved BTC withdrawal process, and a flat 0.0001 bitcoin transaction fee. No fees for bitcoin deposits.

The most fundamental change will be transition of the entire portal system currency from USD to EUR. This means that all balances and all transaction history will be converted into Euros using exchange rate http://finance.yahoo.com/q?s=eurusd=x at the time of the new version deployment at 5pm GMT Sunday 19 July 2015 (using the spot exchange rate of Yahoo finance). We will retain all transaction history in USD before we make the switch. Clients who require their USD transaction history can request it via our support team.

If you withdraw your USD account balance or convert your USD account balance into Bitcoin before this date, your account balance will not be otherwise influenced. If you will have an USD balance at the time of the transition, it will be favourably converted into EUR using the spot rate. Trading will thereafter take place using EUR/BTC exchange rates. Bitcoin balances will remain the same as before the transition.

The EUR, CZK and PLN bank Deposit and Withdrawal methods will remain intact, OKPay deposits and withdrawals will be newly processed in Euro.

During the month of August we will also introduce new funding method Sofort (instant bank deposit supported in 13 EU countries) and new instant deposit and withdrawal method MoneyPolo (MoneyPolo allows cash deposits and cash withdrawals in 150 countries of the world and offers a prepaid card) .

Please note that CoinMate.io trading portal will be unavailable from 5pm GMT until midnight Sunday 19 July 2015 during the deployment of the new version.

We hope you will enjoy new CoinMate providing even smoother trading experience and favourable rates for speculative trading. In case you have any questions, please contact our Support.

The CoinMate Team

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$1 verification bonus promotion ends in June

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We would like to inform our customers that our $1 verification bonus promotion will end with the June update of CoinMate.io’s Bitcoin Exchange. If you have been having fun trading bitcoin on the exchange, and would like to take the opportunity of verifying your identity to enable Euro, Czech Koruna and Polish Zloty deposits and withdrawals, please visit the Get Verified tab in your account.

We process documents in one working day, but if you contact us between 8am and 5.30pm GMT using chat support, we can often do this quicker to expedite the process for you.

We would also like to remind our clients of the top 10 BTC/USD traders giveaway. In April, $614.59 was shared among the month’s top traders. You can see the current month at the stats page.

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CoinMate.io launches European Bitcoin Exchange

CoinMate.io is a European Bitcoin exchange supporting euro, SEPA, czk, pln and okpay
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PRESS RELEASE
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

 

About CoinMate.io
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.

Media Contacts

Assets accompanying this press release are available at http://coinmate.io/static/coinmate-presskit-1504.zip

For media enquiries, or interview requests, please contact Jamie McCormick at press@coinmate.io

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