1 Level
4 Review
4 Karma
Review on Cryptomate by Sam Kelso
Cryptomate is a British service, which allows newcomers to enter the world of…
Cryptomate is a British service, which allows newcomers to enter the world of cryptocurrencies.
Their offer is tailor-made to UK residents who have a local bank account,
as payments utilize the Faster Payments Service (FPS).
While this is obviously a beginner-friendly service, the number of available altcoins is relatively nice.
Pros
- No major hacks yet Accepts UK bank transfers Easy to use interface Buying with GBP 12 coins available
Cons
- Relatively high fees Only buying crypto/no selling (for smaller customers) Does not transparently disclose mark-up No wallets provided by the company
