Is there any minimum withdrawal amount on Coinmate?

Yes, similar to all the other crypto exchanges, Coinmate also comes with a minimal withdrawal amount. Users signing up for the platform require to withdraw a minimal sum of $20 to initiate their transactions.

I am a US-based resident, can I open an account under Coinmate?

No, sadly, you won’t be allowed to open a trading account under the platform. Due to its regulations and restrictions from the state, Coinmate is forbidden from operating or accepting users from the country.

I want to use SEPA, do I need to verify my account?

Yes, if you want to use the SEPA feature under Coinmate, you’ll have to register yourself with the platform, as per the standard regulation features. Besides, the platform has made it mandatory for users to comply with the AML regulations and ensure KYC verification and protocols, as and when required.

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Coinmate Comprehensive Review 2022 – Fees, Pros, and Cons

By adminJuly 4, 20220

Since its inception in early 2014, the London-based firm has traded more than EURO 218 million in bitcoin. This consumer-friendly…

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Coinmate Comprehensive Review 2022 – Fees, Pros, and Cons