Detailed release announcement – COINMATE

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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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New release announcement!

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Dearest clients, it is time for confetti and champagne! We are celebrating new Coinmate release and hoping you’ll be happy to join. We have quite a lot of new features for you, so consider this article as a sheer cheer-up, a more detailed text is already being prepared. We will describe it all in a much more complex way, but for now, let’s toast to the news we have for you.

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Ethereum Pairs on Coinmate

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Hello Coinmates, as previously promised, we are now preparing to expand the number of trading pairs in CoinMate.

Ethereum pairs this Thursday on Coinmate.io

  • ETH/EUR
  • ETH/BTC
  • ETH/CZK

The deployment will require about a 10 minute system downtime on Thursday 13rd December 10pm CET. We apologize in advance for any inconvenience this unavailability may cause you.

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Bitcoin withdrawal options – fastest in industry

Reading Time: 2 minutesCoinmates,

Bitcoin (BTC) withdrawal options have been separated into two streams, allowing you two ways to withdraw. There is a faster way, called “high priority” with slightly higher fees. Also a standard way, called “economy” with lower fees.

High priority BTC withdrawal – this super-fast alternative is processed every seven minutes, and should allow your BTC withdrawal to be confirmed within 30 minutes.

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Economy BTC withdrawal – this standard option is processed every 60 minutes. For your convenience you can see a countdown for each new batch of transactions to be sent. Your BTC withdrawal should be confirmed within two hours. Correspondingly this option has lower fees. 

btc withrdawals

Question: Which crypto exchange has the fastest Bitcoin withdrawals?

Answer: We think it’s Coinmate. Getting BTC from the exchange and into your own personal wallet using our “high priority” withdrawal option is certainly among the fastest and possibly the absolute fastest way that any crypto exchange can do it.

BTC withdrawal via API

Additionally, BTC can be withdrawn directly via Coinmate’s API. This is a more advanced option which is very convenient if you want to withdraw in batches or automate withdrawals or pay with ease into different wallets. The API can be configured to make more complicated mass payouts simpler, while still being safe and having the lowest possible 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.

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Lowering fees,

Your Coinmate.io teamFollow us on:

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Database upgrade

Reading Time: 1 minuteDear Clients, we will be upgrading our portal to higher database instances. Our website wil undergo maintenance service on 15.11.2017  (22:00 – 23:00 CET).

We sincere apologize for any inconvenience this may cause you.

Your coinmate.io team.

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Technical issues

Reading Time: 1 minuteWe are currently 14.11.2017 9:00 CET, experiencing technical difficulties on our backend and are working to resolve the issue.

We will endeavour to restore operations as soon as possible.Follow us on:

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