Cointed is a multi-service provider company that deals in crypto currency. The company started in 2015 in Europe. Wolfgang Thaler and Christopher Reider started the venture with their years of experience in the same domain. Cointed can be considered as Europe’s cryptocurrency leaders.
The motto of the company is to provide the crypto currency accessibility to all its users. They wanted to make digital currency popular so that everyone could adapt to this financial system.
Services at Cointed
The company majorly deals in four sectors. The first sector is Bitcoin ATM’s. These ATM’s are present in 4 countries across 32 locations. The second sector is mining which is incredible as it uses renewable energy for running high-end hardware’s. The service is disposable at cost-effective pricing.
The third sector is offering payment solutions to all types of business varying from small, medium to large scale. These businesses are charged with 1% fees and receive 24-hour service from Cointed.
The fourth sector is an online exchange, which allows the digital enthusiast to trade, and exchange. The users can access various market analysis tools to explore a currency and its real-time value. The trading can occur between crypto to fiat currency.
Some of the popular crypto currency on this platform is Bitcoin, ETC, XMR, LTC, ZEC, DASH. The fiat currency applicable on this platform is EUR.
Payment options at Cointed
There are several payment platforms through which a user can fund his Cointed trading account. SEPA, SOFORT, Master Card, Visa, PayPal, Money Gram, Western Union are some of the most popular options available. Some of the payment platforms have limits for transactions such as SOFORT, Money Gram, Western Union and Cash letter (5000 EUR/order). The users can also recharge their debit cards with Crypto currency, which later will credit in the form of fiat currency.
A user can earn a little extra through Cointed’s affiliate programs. For every new user added to the Cointed platform, an affiliate earns rewards.
For security purposes, Cointed uses Pretty Good Privacy (PGP) system. The data is encrypted using PGP so that it is not visible to any third party or user.
How to register a new account on Cointed?
In order to register a new account, log on to www.cointed.com . The user can click on the tab “login”. Enter the details such as email ID, name and create the password to complete the process. A user can also log in through alternate options such as Facebook, Twitter, and Google account.
A verification link goes to the email ID, where a user will have to activate the link to validate the account. There are several verifications such as email verification, personal information, video verification and company trading. These verifications are levels, which a user has to clear to increase its limits in every service offered by Cointed.
Buy/sell at Cointed
A user will have to fund his wallet before making any transactions. Thus, a user can use one of the many payment options available to transfer EUR in his wallet. Once there is sufficient balance, a user can begin with both trading and exchange.
For buying a crypto, a user can either trade or purchase it directly. The user can select the amount of investment along with the crypto he is interested to purchase. There is 60 secs timer that updates the real-time price of the market. The user can choose to enter the address and place the order. The procedure for selling a crypto is same. The user must check the pricing though along with 24-hour trade volume and in depth pricing as per different timelines.