Review on CoinMate by Mr Benji

Name: CoinMate
Item: CoinMate
Rating: 3

June 17, 2019

The Czech platform

+ 
A cryptocurrency exchange / exchange office founded by two Czechs from Pardubice. If you want to buy Bitcoin, Litecoin or other cryptocurrencies, in my opinion this is one of the most reliable companies you can do.
+ 
Newly, cryptocurrencies can only be traded with a maximum of 1: 2. This is due to the latest ESMA regulation, which aims to protect investors from possible loss. Unfortunately, but also against possible profit.
+ Anonymous Registration: Deposits and withdrawals only in cryptocurrencies. However, transfers between CZK and crypto are allowed.
Verified by personal information: Deposits and withdrawals are possible in cryptocurrency + transfer using MoneyPolo.
Video verified: You need to call their app with their presenter to confirm that you are truly who you are impersonating. Get your ID card. If you verify this, you can deposit and withdraw your account in Czech crowns using a traditional bank transfer.
Documents certified: As is the case with binary options, we can also send an invoice + photo ID card to raise limits.
Individual Limits: To reach this account, you need to print out, fill out and submit a two-page KYC form to describe your trading experience, the planned amount of money you want to upload to your account, and so on. With this verification you can perform operations up to CZK 2.5 million (109 890 U.S.) per month.
+
Charges at coinmate are very low, they charge 10 CZK (0.43USD) for the withdrawal, nothing for the deposit and only 0.05-0.35% for the purchase. Short-term deposits are subject to a 3.8% fee, which is similar to the purchase of a cryptocurrency card by Coinbase.
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Updated 6 years ago

Rating has not been changed

Coinmate got their first-ever review (a positive one) on the Trustpilot platform. this is an interesting milestone I felt like pointing this out. They have also added the sub-accountfeature. They are active on recent crypto topics like Libra etc... I feel like they are heading right direction the point is to keep it up. 
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Pros