Bitcoin Forum

We're a cryptocurrency exchange service coinomat.com (http://coinomat.com), after being in beta for some time we're officially launched. We provide instant cryptocurrency exchange with a very low commission, you can exchange your Bitcoin and Litecoin without any registration at an exchange and waiting for them to process your withdrawal request.  The whole process takes several minutes at most, you get your coins in your wallet after the first confirmation of your incoming exchange transaction.

Currently we exchange Bitcoin, Litecoin, PerfectMoney, but there are many more systems to come soon. We're working on reducing the effects of Bitcoin volatility on a regular cryptocurrency user. Through interaction with exchanges and order matching we want to provide the lowest fees for most  cryptocurrency related transactions. Along these lines we're launching banking and paypal exchanges, a merchant platform and a local exchanger platform soon.

Meanwhile you are welcome to exchange your LTC and BTC with our margin being only around 1%.  This is not a solution for an active trader who makes several trades a day, but it might be the best way to obtain some coins of his choice for a regular crytpocurrency user.   

Coinomat.com (http://Coinomat.com)

Looks great! Do you have an affiliate program?

Good question, by the end of the month we will :)

I'm looking forward to it. Are transactions automated or manual?

All transactions are fully automated of course :)

interesting .

Hi. See here (https://bitcointalk.org/index.php?topic=124441.0).

I used it a few times.  Your service works very well, I prefer it much better to BTC-E with the .1LTC withdrawal fee.

nice website

Great effort
Needless to say, we need many more of these

Or a few trusted ones :)

looks like coinomat is right up my alley.  All I need to do now is get my password so I can open my wallet and then I can begin exchanging some alt coins!

Coinomat.com is a scam. Read some bad experiences at https://bitcointalk.org/index.php?topic=334769

Hello,
the minimum for exchange is clearly stated in our FAQ
https://coinomat.com/faq.php
and in the exchange form when you're making an exchange request.
Don't forget about the transaction fees, they can be larger than your exchange amount if it is below the limit.

Finally, I got my BTC. Thanks.

Currently LTC-BTC exchange rate is set at 0%. You exchange your BTC for LTC without any fees and almost instantly.

We have several announcements to make.

We had our website translated to several languages including German,Spanish,Chinese,Polish,Lithuanian. If you can help us translating it to your language please let us know.

Besides, we have made several tweaks based on recent user feedback, including lowering minimum exchange amount. 

Our margin is set at around 1-2%,  our service offers you probably the fastest way to exchange your coins, you'll have them within minutes.

I tested Coinomat.com once more. This time everything seemed to go smoothly until I later found that I had to pay 0.0001 BTC tx fee; see

https://coinomat.com/p/94/693e63836d91a5249205950f4d3a4147aa5aaaa2e97fdb0ed3138bad4e5b910f

and note that 0.37000000 * 0.03186810 = 0.01169120 + 0.0001 even though the FAQ says that


So there's still at least one issue left.

Yes, sorry, this will be corrected in our FAQ.
There's an issue with small payments for which we cannot cover the transaction fee since it is of the same magnitude as transaction itself

We announce the launch of our partner program, which is going to enable you to obtain a part of our profits. By referring new users who make transactions with our service you can earn up to 0.6% of the transaction amount, for all transactions your referrals will ever make. If you have a cryptocurrency related website, are an active forum poster, or an active social networks user you can earn substantial profits by promoting our services. Example - your referrals exchange 10 BTC per week through our service. Then you get up to 0.06 BTC. We payout approximately 30% of our profits, but the payout is not linked to our profits, but to the total transaction amount, which should make things more transparent.

Please obtain a referral link in the member area. You need to set a user name first, after that your referral link will be shown to you. The referral bonus is different for different exchange directions, and can be checked at Partner program page. Your income can be withdrawn upon request in any currency which we support. Contact us if you have any further questions.

Exchange rates for BTC to LTC and vice versa are lowered to 1%
enjoy the fastest way to exchange your coins which is also extremely cheap.

We integrated Peercoin! Currently we're probably the only service where you can exchange to/from Peercoin (PPC) instantly. Peercoin is an established cryptocurrency, third behind Bitcoin and Litecoin, with clear value and future potential.
As usually our margin is around 2%.

Dear friends, we have great news for you, now you are able to withdraw your cryptocurrency to your VISA or Master card through our service. We support all VISA and Mastercards worldwide, except for Visa Electron/Maestro cards and certain types of cards such as virtual credit cards. If we are unable to transfer funds to your card your exchange is refunded.

The transfer is made in US dollars, if your card is denominated in another currency the funds will be converted into the card currency by your bank using the bank's exchange rates. The transfer of funds to your card takes 2-4 business days to complete.

In order to use the service please select VISA/Mastercard USD from the exchange drop-down menu at our homepage. After that you'll have to log in to the member area (or register first if you haven't registered before) and add a credit card in your profile. Having completed this step you are able to choose your credit card for the exchange, order the funds transfer and send your cryptocurrency for the exchange. Please note that there's a withdrawal limit of $2500 per one card per week.

You can withdraw BTC, LTC and PPC currently, more cryptos will be added in future.

We launched our virtual IPO https://cryptostocks.com/securities/123, you can buy shares in our exchanger and receive weekly payouts.
Main IPO thread is here: https://bitcointalk.org/index.php?topic=582479.0

it is good news for me

could we directly to deposit USD to your exchange with my VISA card? My card support CNY and USD currency
I am in China.

Hello, you can WITHDRAW your BTC to your card, at the moment we cannot accept credit cards in exchange for crypto. Although we're looking into it :)

Besides not having to register with a cryptocurrency exchange such as btc-e, what distinguishes you from your competitors?
Is it possible to reduce the amount of time for Visa transactions? Right now your site says several days which seems like a long time.

Actually what competitors do you mean?
for example you can convert your BTC to PPC instantly, where else could you do that?
We offer low commission instant cryptocurrency conversion, this is quite unique.
As for the card transfers - usually it takes two business days, we transfer to ANY card worldwide, so it depends on your bank,
how fast it processes your incoming card transfers. Usually they need at least a day for this. Another day is needed by our processing.
I fear no one can make it much faster.

CoinUSD ANN

https://bitcointalk.org/index.php?topic=1000725.0 (https://bitcointalk.org/index.php?topic=1000725.0)

Who is behind Coinomat?

Why is it only partly translated? (I only tried the German translation; you should really work on that...)

Also: I have no idea what that is.....(I guess it's supposed to display BTC/USD rates or something)

https://i.imgur.com/twit0GV.png

Cryptocurrency enthusiasts are behind it :)
This is the owner's linkedin https://www.linkedin.com/pub/alexander-ivanov/88/646/b9a

Some newer sections of the website might be partially translated, we will catch up.

What did you click to get that screen?

Okay, thanks for this information.


I just visited coinomat.com and that's how it looks for me (https://i.imgur.com/mWVLecW.png)  (Firefox / Linux)

Do you have Javascript turned off in your browser?

It's enabled. Maybe this message is related:


It works as expected in Chromium.

Thank you very much for reporting this, it is interesting

I like it , is very easy to use !!

In order to have refs, do they need to make an account? What if they have used the exchanger without registering are we still going to get a commission out of it?

No, you get your referral commision  in any case, it doesn't matter if a user who makes an exchange has an account.

Ok, Thank you for the reply. I hope it will be a good venture for me to promote your site :)

CoinoIndex can now be traded on Poloniex

https://poloniex.com/exchange#btc_index (https://poloniex.com/exchange#btc_index)

CoinoIndex ANN

https://bitcointalk.org/index.php?topic=1064331.msg11407750#msg11407750 (https://bitcointalk.org/index.php?topic=1064331.msg11407750#msg11407750)