October 19, 2020

How to use Kriptomat's Crypto Exchange and Secure Wallet?

What is Kriptomat? How to use Kriptomat's Crypto Exchange and Wallet?

How-to-use-Kriptomat's-Crypto-Exchange-and-Secure-Wallet How-to-use-Kriptomat's-Crypto-Exchange-and-Secure-Wallet

Note that Kriptomat does not provide the support to residents in Afganistan, Algeria, American Samoa, Bangladesh, Bolivia, China, Democratic Republic of Congo, Democratic People’s Republic of Korea (DPRK), Ecuador, Egypt, Ethiopia, FYR Macedonia, India, Iran, Iraq, Kyrgyzstan, Pakistan, Palestine, Qatar, Saudi Arabia, Syria, Morocco, Nepal, United States of America, Vanuatu, Vietnam, Zambia.

What is Kriptomat?

Kriptomat is an all-in-one cryptocurrency exchange and wallet located in the EU.

Kriptomat’s user-friendly platform enables you to safely buy and sell digital currencies in your local language and with local support.

Online services such as Kriptomat allow you to easily and quickly exchange your local currency into cryptocurrencies such as Bitcoin.

Bitcoin can also be purchased through machines (ATMs) at various locations.

Once you create an account on Kriptomat, you can buy, sell, send, receive, and store cryptocurrencies within seconds.

Watch Kriptomat’s tutorial videos to see how it works.

You can exchange your Bitcoin or Ethereum, and cryptocurrencies into EUR via Kriptomat’s user-friendly platform.

Kriptomat is not an investment consulting service, and as such, Kriptomat cannot advise on investment options. You can look at real-time values of cryptocurrencies on Kriptomat Official Website.

Go to Kriptomat Official Website

How to Start using Kriptomat Crypto Exchange?

Opening a new account on Kriptomat is simple, fast and free.

Go to Kriptomat Official Website, click the “Register” button, start the sign-up process and complete the necessary information.

Once you log-in, simply transfer funds and start buying cryptocurrencies.

Kriptomat will provide safe and secure digital wallets for all of the most popular cryptocurrencies as part of your Kriptomat account.

Kriptomat charges a nominal fee for buying and selling cryptocurrencies and transferring funds from your account.

There are no hidden charges and the fees are always shown prior to confirming each transaction.

Sign up for Kriptomat

Is Kriptomat Safe to use?

Kriptomat works tirelessly to ensure the security of our users’ data.

Kriptomat implements industry best practices, including SMS authentication, offline cold-wallet storage, organizational and technical protections, and ongoing security evaluations and monitoring.

However, Kriptomat cannot guarantee the safety of cryptocurrencies being stored on the users’ own computers, so it is of the utmost importance that each user takes proper care and appropriately secures his or her private wallet.

Find out how Kriptomat keeps your funds safe in the official website below.

Go to Kriptomat Official Website

Fund Deposit and Withdrawal with Kriptomat

Regardless of the withdrawal method, the fee will be shown prior to confirming each withdrawal.

The minimum amount for international withdrawal is 50 euros.

Please see the table below for the list of fund deposits and fees involved.

Transaction typeCost for Deposit
Buy (Euro to Crypto)1.45% (1.45 EUR Minimum)
Sell (Crypto to Euro)1.45% (1.45 EUR Minimum)
Credit card buy4.65%
Exchange (crypto to crypto)0.00%
Skrill buy5.35%
Neteller buy5.35%
Zimpler buy2.89%
Sofort deposit3.95% + 0.35 EUR fixed fee

Bank transfers take between 1 and 5 business days, SEPA payments take 1 to 3 business days to appear on your Kriptomat account.

Transfers inside the SEPA area usually take 1 to 3 business days and can take up to 5 days for users outside the SEPA area.

Go to Kriptomat Official Website

Fund Withdrawal from Kriptomat Crypto Exchange

For fund withdrawals, you can send back funds only in Cryptocurrency.

Please see the table below for the list of fund withdrawals and fees involved.

Fund Withdrawal CurrencyCost
Bitcoin (BTC)0.0006000 BTC
Ripple (XRP)0.0240000 XRP
Ethereum (ETH)0.0060000 ETH
EOS (EOS)Withdrawal not available
Litecoin (LTC)0.0012000 LTC
Stellar (XLM)0.0000240 XLM
TRON (TRX)1.2000000 TRX
Bitcoin Cash (BCH)0.0001200 BCH
Cardano (ADA)Withdrawal not available
Monero (XMR)Withdrawal not available
IOTA (IOTA)Withdrawal not available
Dash (DASH)0.0060000 DASH
DAI (DAI)0.6000000 DAI
NEO (NEO)Withdrawal not available
Ethereum Classic (ETC)Withdrawal not available
NEM (XEM)Withdrawal not available
Zcash (ZEC)0.0001200 ZEC
Tether (USDT)4.0800000 USDT
Augur (REP)0.1200000 REP
Gnosis (GNO)0.0060000 GNO
0xProject (ZRX)6.6000000 ZRX
OmiseGO (OMG)1.8000000 OMG
Enjin (ENJ)19.2000000 ENJ
Status (SNT)600.0000000 SNT
SunContract (SNC)44.4000000 SNC
Metal (MTL)10.8000000 MTL
Civic (CVC)90.0000000 CVC
Request Network (REQ)84.0000000 REQ
FunFair (FUN)600.0000000 FUN
Propy (PRO)12.0000000 PRO
Loopring (LRC)24.0000000 LRC

To withdraw funds from Kriptomat’ wallet, you need to first log in to the exchange from Kriptomat Official Website.

Do you have any questions about Kriptomat’s service and fund withdrawals?

Contact their support team which can support in more than 20 languages.

Go to Kriptomat Official Website

What is Blockchain?

The blockchain is not a cryptocurrency and it is not a word for bitcoin.

It is the technology that Bitcoin and other cryptocurrencies use to maintain transparency, security, and efficiency.

Digital currency is not a cryptocurrency if it isn’t on the blockchain.

Blockchains do not need to be attached to cryptocurrencies, in fact, they can manage many forms of assets such as gaming items, reward points, and electoral votes.

Nowadays most databases are stored on centralized servers that are controlled by a single entity, whereas a blockchain is a database that is managed by a large number of computers that are perpetually synchronized with each other while being controlled by completely separate entities.

This level of decentralization ensures no single party can make autonomous decisions that impact the greater community’s sovereignty.

Sign up for Kriptomat

What is Cryptocurrency?

Cryptocurrencies are an advanced form of digital currency that is regulated and governed by an algorithm on the blockchain.

They have similar properties to physical money (banknotes and coins), but they also enable the immediate transfer of funds anywhere in the world.

The inherent decentralization of cryptocurrencies means that your funds can not be frozen, seized, or devalued by hyperinflation, offering a new level of personal sovereignty within the global digital economy.

Bitcoin is the world’s first cryptocurrency, created in 2009 by an anonymous person or organization under the pseudonym of Satoshi Nakamoto.

Bitcoin utilizes blockchain technology to enable fast worldwide payments without the need to trust or rely on companies, banks, and issuers.

Bitcoin and other digital currencies are not prohibited.

As this is a relatively new phenomenon and technology, state authorities and the social environment are still adapting.

Kriptomat is a service that indirectly allows you to buy, sell, or store Bitcoin and other cryptocurrencies.

Kriptomat is a simple, safe, and secure peer-to-peer marketplace where you can buy Bitcoin off other users.

Go to Kriptomat Official Website

Will Cryptocurrencies survive in the future?

Only time will tell whether or not digital currencies will flourish.

Global payment methods are constantly evolving and cryptocurrencies were created as a result of this phenomenon.

In the same way we witnessed how the popular German mark and Italian lira were created over the last few decades and were then replaced by the euro some years later.

There is a general trend that shows signs of us moving towards a global economy.

What that economy will look like is yet to be seen.

Open Kriptomat’s Crypto Wallet

Kriptomat is not an investment advisory service, and cannot advise in which currency to invest in. You can look at the trend of individual currency values on Kriptomat Official Website with the real-time values of cryptocurrencies.

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