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Author Topic: Coinomat.com - Instant Cryptocurrency Exchange fully launched.  (Read 3898 times)
coinomat.com (OP)
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December 10, 2013, 10:52:43 AM
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We're a cryptocurrency exchange service 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

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December 10, 2013, 11:04:16 AM
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Looks great! Do you have an affiliate program?

coinomat.com (OP)
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December 10, 2013, 11:18:27 AM
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Good question, by the end of the month we will Smiley
Looks great! Do you have an affiliate program?

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December 10, 2013, 11:28:48 AM
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Good question, by the end of the month we will Smiley
Looks great! Do you have an affiliate program?
I'm looking forward to it. Are transactions automated or manual?

coinomat.com (OP)
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December 10, 2013, 11:30:20 AM
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All transactions are fully automated of course Smiley
Good question, by the end of the month we will Smiley
Looks great! Do you have an affiliate program?
I'm looking forward to it. Are transactions automated or manual?

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December 10, 2013, 12:40:12 PM
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interesting .

- Twitter @Kolin_Quark
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December 10, 2013, 06:03:21 PM
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Hi. See here.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
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December 10, 2013, 09:27:59 PM
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I used it a few times.  Your service works very well, I prefer it much better to BTC-E with the .1LTC withdrawal fee.
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December 11, 2013, 01:08:25 AM
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nice website
Sindelar1938
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December 11, 2013, 01:33:48 AM
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Great effort
Needless to say, we need many more of these

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December 11, 2013, 04:42:10 PM
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Great effort
Needless to say, we need many more of these
Or a few trusted ones Smiley

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December 12, 2013, 03:44:07 PM
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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!

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December 16, 2013, 12:17:32 AM
Last edit: December 16, 2013, 10:18:47 AM by warut
 #13

Coinomat.com is a scam. Read some bad experiences at https://bitcointalk.org/index.php?topic=334769
coinomat.com (OP)
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December 16, 2013, 08:02:51 AM
Last edit: December 16, 2013, 01:31:39 PM by coinomat.com
 #14

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.

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December 16, 2013, 10:17:56 AM
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Finally, I got my BTC. Thanks.
coinomat.com (OP)
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December 19, 2013, 03:35:50 PM
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Currently LTC-BTC exchange rate is set at 0%. You exchange your BTC for LTC without any fees and almost instantly.

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December 26, 2013, 09:17:55 PM
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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.

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December 31, 2013, 10:27:43 AM
 #18

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

Quote
Who pays the transaction fees?
For the incoming transaction you pay the miners' fee, for the outgoing we cover the transaction cost for you.

So there's still at least one issue left.
coinomat.com (OP)
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January 01, 2014, 08:10:55 AM
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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
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

Quote
Who pays the transaction fees?
For the incoming transaction you pay the miners' fee, for the outgoing we cover the transaction cost for you.

So there's still at least one issue left.

coinomat.com (OP)
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January 28, 2014, 09:55:54 AM
 #20

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.

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