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Home » Blog » Coinmate Cryptocurrency Exchange Review: It Is Safe Or Legit Exchange?
Best Centralized Exchange List 2025

Coinmate Cryptocurrency Exchange Review: It Is Safe Or Legit Exchange?

Cws Team
Last updated: 28/02/2022 11:20 AM
Cws Team
4 years ago
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Disclosure: We are not a registered broker-dealer or an investment advisor. The services and information we offer are for sophisticated investors, and do not constitute personal investment advice, which of necessity must be tailored to your particular means and needs. !
Coinmate Cryptocurrency Exchange Review: It Is Safe Or Legit Exchange?
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About Coinmate Cryptocurrency Exchange

After securing backing from a large IT company specializing in financial software, Coinmate drew first breath in early 2014 and is already on its way to making a significant impact. Coinmate Cryptocurrency Exchange team consists of top-notch financiers, traders, and experienced developers. They are early Bitcoin adopters with a varied level of skills, making uniquely qualified to be part of this burgeoning space. Since then they reached multiple amazing milestones and they never stopped improving cryptocurrency exchange.

Contents
  • About Coinmate Cryptocurrency Exchange
    • Operating Company 
    • How To  Start With Coinmate Cryptocurrency Exchange
    • Agregated trading fees
    • Maker vs Taker
    • How is 30 day value calculated
    • Deposit & withdrawal
    • Three pillars of a successful European Crypto Exchange:
      • Speed
      • Reliability
      • Security
      • Quick Crypto Trading
      • Advanced trading

We’re here to make P2P digital currency trading simple and accessible for everyone. Coinmate do that three ways. First, they work hard to provide a simple, secure, low-fee trading platform. Second, they strive to define new standards in bitcoin exchange and trading. Third, they provide the best customer support in the industry as you can see on TrustPilot score.

Operating Company 

Exchange NameCoinmate Cryptocurrency Exchange
Support24/7
Deposit Fee1 EUR
Withdraw Fee1 EUR
Taker Fee0.35%
Maker Fee0.3%
Official SiteHomepage

How To  Start With Coinmate Cryptocurrency Exchange

To Start Trading With Coinmate Cryptocurrency Exchange Indian Residents First Have To Sign Up For An Account By Following The Steps Below.

Step 1. Click On The “Login/Signup” Link On The Top Right Hand Corner Of The Coinmate Exchange Website.

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Step 2. In The Form, Fill In Your First Name, Last Name, Mobile Number, Email ID And Password.

Step 3. If You Have A Referral Code, Enter The Code While Creating Your Account.

Step 4. Submit The Form And Wait For An Activation Email To Be Sent To You.

Step 5. Click On The “Confirm Email” Link In The Activation Email.

Step 6. After Your Account Is Activated, You’ll Be Sent A 6 Digit One Time Password (OTP), Which You Have To Enter After Logging Into Your Coinmate Cryptocurrency Exchange .

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Agregated trading fees

30 DAY TRADING VOLUMETAKERMAKER
< 10,000 EUR0.35%0.3%
< 100,000 EUR0.23%0.11%
< 250,000 EUR0.21%0.1%
< 500,000 EUR0.2%0.08%
< 1,000,000 EUR0.15%0.05%
< 3,000,000 EUR0.13%0.03%
< 15,000,000 EUR0.1%0.02%
>= 15,000,000 EUR0.05%0%

Please note that individual commissions must be greater than 0.01 EUR or equivalent to be paid out.

Maker vs Taker

Orders supplying liquidity to the market (“maker”) get a more favorable fee than orders taking liquidity from the market (“taker”).

How is 30 day value calculated

User fee volume is updated once an hour. It is calculated from trades made in the last 30 days across all trading pairs. Each trade is converted to Euros based on the last Euro price of the traded cryptocurrency at the moment of the trade.

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Deposit & withdrawal

SEPA transfer in EUR
SOFORT (Instant bank Deposit)
Domestic bank wire in CZK
Bitcoin
Litecoin
BitcoinCash
Ethereum
Ripple
Dash
$DAI
Cardano
DEPOSIT FEE WITHDRAWAL FEE 
1 EUR1 EUR
1.5% min 2 EURn/a
01 EUR
00.00001 BTC / 0.00004 BTC
00.0004 LTC
00.00001 BCH
00.0035 ETH
00.02 XRP
00.00001 DASH
015 $DAI
01 ADA

Three pillars of a successful European Crypto Exchange:

Speed

In this fast-paced world, everyone wants everything to be instant. That’s why they offer the instant bank deposit — SOFORT. Coinmate Cryptocurrency Exchange cryptocurrency deposit and withdrawal times are the shortest in the industry. Within just a few seconds after submission, enjoy swift Litecoin withdrawals.

Reliability

They have been in the financial industry since 2006. They understand the importance of separating operating capital from client funds. In the unlikely event of an insolvency, rest assure that clients will be entitled to obtain their full account balance. The Bitcoin wallets are also monitored in real-time.

Security

They use 3 types of cryptocurrency wallets: hot, cold, and super-cold. The hot wallet holds keys online but only stores a limited amount of cryptocurrency in it for security. All accounts are secured by 2-factor authentication to protect your account from unauthorized withdrawals and modifications to your account settings.

Quick Crypto Trading

Trade cryptocurrencies like Bitcoin, Ethereum, Ripple, Litecoin and many more with just one click. Coinmate is a quick and hassle-free European Crypto Exchange for everyone.

Advanced trading

An advanced trading view for those who want to follow market events and monitor their trading. This interface is completely live which makes it perfect for daily trading. Trade bitcoin like a pro.

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One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People
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