CoinMate.io has confirmed that it has enabled Sofort Instant Bank deposits function to enable traders to make instant bank deposits onto their account in Euro, Czech Koruna, and Polish Zloty.
It is the first bitcoin exchange in Europe to offer this functionality for up to €250 per day, giving traders a significant discount over broker rates offered by competitive services.
Verified users of the exchange can make instant bank deposits from Sofort compatible banks in Austria, Belgium, Czech Republic, France, Germany, Italy, Netherlands, Poland, Slovakia, Spain and Switzerland, taking advantage of a low buy/sell spread on the market, instead of being charged up to 8% from bitcoin brokers.
Using Sofort’s TÜV Germany approved system, bitcoin traders can make 24/7 deposits, and instant bitcoin withdrawals. Users of the system make payments directly from their online banking, with entry of these details and the confirmation code occurring on the Sofort GmbH website with no sensitive data stored by CoinMate.io. Once successful, the payment is instantly credited to your trading account. where they can make an instant buy/sell order, or place orders on the exchange and take advantage of the maker (0.05%) / taker (0.35%) fees model used by the exchange. Fees charged for Instant deposits are 1.5%, subject to a minimum of €1.00.
“We have continued to expand our payment methods, and now customers in compatible banks can say goodbye to a 1-3 day wait for SEPA deposits onto their account” Roman Valihrach, CEO of CoinMate.io said. “We worked hard to become Europe’s first bitcoin exchange to offer Sofort, and bitcoin purchasers and traders can switch from using brokers, to paying normal exchange spreads.”
CoinMate users can also make instant deposits and withdrawals through MoneyPolo (0% deposit fee, 1% withdrawal fee) and OKPay (0.5% deposit fee, 1.5% withdrawal fee). No other Bitcoin exchange market offers that many instant deposit/withdrawal options for such advantageous fees and with no lock-times.
Bitcoin users can register with the exchange at CoinMate.io