Our position on bitcoin hard fork – CoinMate

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Our position on bitcoin hard fork

 

It is very likely that on 1 August 2017 around 2:20 CET, the bitcoin network will be divided into two separate currencies. CoinMate will continue to support the current bitcoin, the bitcoin with the highest overall support across the community. Any second, “hardforked” branch i.e. so called Bitcoincash will not be supported at this time.

If you also want to deal with bitcoins in the other, “hardforked” network, you will need to withdraw bitcoins from our exchange into a bitcoin wallet that will allow you to transact bitcoins on both networks, or into a wallet that you hold private keys to. In such case make the withdrawal as soon as possible so that the payment can be confirmed in the new wallet no later than 1 August 2017.

At the same time, the BIP91 proposal has been activated. Under this agreement miners now reject blocks that do not signal Segwit. Due to the precautionary principle and the protection of our users, we will require 6 bitcoin confirmations for bitcoin deposits starting 28 July, 2017.

To ensure safety of bitcoin balance in your CoinMate account, we will disable bitcoin deposits and bitcoin withdrawals starting 1 August 2017 10am CET. We plan to resume bitcoin deposits and bitcoin withdrawals in the morning of 2 August 2017, if it is safe to do so. Trading will not be affected and will remain active throughout the whole time.

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2 Major Chinese exchanges stop bitcoin withdrawals

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As the price of bitcoin reached 1000 EUR this week, big slump to 880 EUR followed on Thursday as a reaction to news from China. Two major Chinese exchanges (Huobi and OKcoin) suspended bitcoin and litecoin withdrawals for one month, effective immediately. Officially this is due to money laundering precautions. Both exchanges are supposed to make upgrades to their AML procedures to combat illegal transactions, pyramid schemes and other illegal activities. Unofficially it could be a measure for capital controls as the Chinese government is trying to limit capital outflows from the country. Technical analysis shows continuous uptrend but buyers may get exhausted soon, which may send the price even lower. More on technical analysis can be found here: http://www.newsbtc.com/2017/02/09/bitcoin-price-technical-analysis-02092017-whats-up-with-that-sharp-drop/

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Results TOP Traders October 2015

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We are glad to announce that we have rewarded the top 10 traders by reducing their account trading fees (Maker fee 0%, Taker fee 0.1%).

Rank Nickname Total Volume
1. Coinmate_LQ 934.57 BTC
2. CoinMate_3933 438.63 BTC
3. Maple 255.76 BTC
4. STL 255.39 BTC
5. Scholastik 219.21 BTC
6. XMLGold 150.00 BTC
7. dRo-l-) 149.02 BTC
8. CoinMate_1293 116.27 BTC
9. CoinMate_4433 81.72 BTC
10. CM184 75.72 BTC

Next round ends on 30st November.

Your CoinMate Team.

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Results TOP Traders September

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We are glad to announce that we have rewarded the top 10 traders by reducing their account trading fees (Maker fee 0%, Taker fee 0.1%).

Rank Nickname Total Volume
1. CoinMate_4168 1,133.02 BTC
2. Coinmate_LQ 628.13 BTC
3. XMLGold 325 BTC
4. Coinmate_3933 237. 79 BTC
5. Maple 167.28 BTC
6. Coinmate_1293 124.36 BTC
7. STL 119.02 BTC
8. CoinMate_3668 69.67 BTC
9. Scholastik 64.86 BTC
10. SeRe-Ex 60.61 BTC

Next round ends on 31st October.

Your CoinMate Team.

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Results TOP Traders August

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We are glad to announce that we have rewarded the top 10 traders by reducing their account trading fees (Maker fee 0%, Taker fee 0.1%).

Rank Nickname Total Volume
1. Coinmate_LQ 961.02 BTC
2. CoinMate_1293 163.56 BTC
3. CoinMate_1119 138.73 BTC
4. Coinmate_1001 126.61 BTC
5. XMLGold 117 BTC
6. STL 77.07 BTC
7. SimpleCoin 76 BTC
8. CoinMate_3933 75.65 BTC
9. SeRe-Ex 70.52 BTC
10. CoinMate_3668 40.02 BTC

Next round ends on 30th September.

Your CoinMate Team.

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Bitcoin Exchange Coinmate supports instant deposits from 13 Czech Banks

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We are happy to announce, that CoinMate.io is the first Bitcoin Exchange portal enabling instantinious bank deposit from 13 supported banks in the Czech republic.

Deposits are credited 24hours/day and cost is only 1.5%. Deposits are credited also on Weekends at any time.

List of supported banks:

AirBank
ČS
ČSOB
Expobank
GE Money
KB
mBank
Oberbank
Raiffeisenbank
Sberbank
UniCredit

 

Sofort_podporovane_banky

We hope you’ll enjoy the speed of CoinMate Bitcoin exchange.

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CoinMate Survey Prizes Drawn – Did you win?

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So ahead of the slightly delayed (due to real life family holidays for the team) 1.2, which is in the final stages of testing. If you’re following us on Twitter @CoinMateBT we’ve put out some previews here and here. But in June, we ran a survey of traders using CoinMate.io that definitely will address some of the issues, wants and needs people have, as well as some great new ways such as “Sofort” to deposit funds into your CoinMate.io bitcoin exchange account quickly from European bank accounts.

Part of this survey was $50 in CoinMate.io vouchers, so this blog post outlines the winners. So after filtering out the bot responses, we had our list of eligible trader id’s. We stuck these into notepad, and put them into this handy tool, drawing our third prize winner, so CoinMate_3334 will be getting $10. We took that out of the list, and repeated the process, drawing Maple, who wins $15 and repeated the process a third time, which drew Goldux who gets $25.

We’d like to say a big thank you to everyone who responded, and you’ve given us a lot of honest feedback, which our development and support team will be factoring into the future of CoinMate.

 

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[Service Notice] New Bank Details / Change in SEPA Euro deposits/withdrawal fees

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Dear CoinMate.io customers.

We would like to inform our customers of a recent change, which has meant that with effect since 28th April, we have changed our bank account, so please update your saved payment records before sending your next deposit.

As part of this change, which includes further security authentication, we have had to (hopefully temporarily) introduce fees on our euro deposits and withdrawals.

Deposits now incur a minimum €10.00 fee, or 0.6% of the value of the deposit. We have also had to introduce a €1.00 withdrawal fee.

If you are a customer and have any queries, please get in touch via our support page.

This does not effect Koruna, Zloty or Bitcoin transactions

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