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Author Topic: CoinoUSD - USD on NXT blockchain  (Read 2881 times)
coinomat.com (OP)
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September 04, 2014, 07:47:14 PM
 #1

We have launched CoinoUSD asset which we announced a while ago. Its goal is to create NXT/USD trading market directly on NXT Asset Exchange. In- and out- exchange to fiat is provided at coinomat.com,  you can transfer USD valued e-currencies to/from CoinoUSD, bank wire transfers are possible for now privately. We can send your fiat to your bank card also (soon we're launching custom debit cards too). Besides, we're working on accepting credit cards. All transactions with CoinoUSD at coinomat.com are automated (also we re-enabled NXT incoming payments, using custom message field)

Eventually we plan to have it integrated with altcoins exchangers, thus enabling USD value deposits and withdrawals for them. Basically we want to provide USD valued transfer directly through NXT blockchain, and there of course can be various ways to use it.

NXT AE AssetID: 12982485703607823902


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coinomat.com (OP)
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September 10, 2014, 10:11:30 AM
 #2

Blog post with some background
http://blog.coinomat.com/coinousd-usd-on-blockchain/

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September 15, 2014, 10:47:49 AM
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http://bitcoinist.net/big-showdown-coinousd-vs-bitusd/ CoinoUSD versus BitUSD

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January 14, 2015, 11:38:08 AM
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Direct BTC to CoinoUSD is available at Coinomat.com
Coinmarket.cap link: http://coinmarketcap.com/assets/coinousd/

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January 17, 2015, 03:31:52 PM
 #5

We started paying interest on CoinoUSD. The interest rate will be fixed at 0.5% monthly. The first interest payment has been processed. Future payments will be made only to accounts holding CoinoUSD asset at least for a month.

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March 17, 2015, 08:25:36 AM
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CoinoUSD is made to be the internal coin of Coinomat.com, meaning that USD balance at Coinomat can be deposited and withdrawn at 1:1 ratio. On top of that, if you log in to Coinomat using your NXT client which holds some CoinoUSD you start getting paid daily interest of 0.06% daily on your Coinomat balance. That means you can keep your Coino in your NXT wallet, but still obtain interest. All you have to do is have some Coino (more than 10 USD) and log in to Coinomat just once.

Don't forget that CoinoUSD can  be withdrawn directly to your bank card, or bank account.

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March 24, 2015, 03:38:45 PM
 #7

CoinoUSD ANN

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

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