Review on CoinMate by Gabriel Medina
European exchange for the whole world
CoinMate is a European cryptocurrency exchange launched in 2014 that aims to offer us operations in digital currencies with the acceptance of fiat currencies such as CZK, EUR and PLN. We can instantly exchange Bitcoin, Litecoin, Ripple and Bitcoin Cash. The interface it offers for users is simple to use and multiple withdrawal and deposit methods are supported for our convenience. Although it is established and focused on Europe, it offers its services for most of all countries (although some are with an express exclusion). It provides two-factor authentication through Google Authenticator and has three types of wallets that would be hot, cold and super cold.
In general, it is a European exchange with a fairly simple interface where we can carry out transactions safely and quickly. However, by being focused on what the European market is, it loses its attraction for a number of clients.
Pros
- Easy to use and understand user interface.
- Multiple cryptocurrencies and payment methods at our disposal.
- Low and competitive rates.
Cons
- The dollar is excluded and we can only exchange a few cryptocurrencies.
