Coinimal Wants to Make Buying Bitcoin Faster
The trio behind Coinimal has decided to take buying crypto-currency into their own hands and launched their own exchange on December 15th. According to Coinimal’s CEO, Paul Klanschek, they were motivated by their experiences buying bitcoin and other crypto-currencies from European companies. “All three of [us] are from Austria and [have been] active in the crypto scene for a few years already. Every time we had to buy Bitcoins we experienced how hard it was to acquire them.” He went on to say, “First we had to send money to Poland (MTgox) and later to UK/Slovenia (Bitstamp) and in....
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Bitcoin is gradually integrating with traditional currency, as two recent innovations demonstrate. Coinimal, a Vienna, Austria-based crypto broker, has launched a service to allow customers to use bitcoins for purchases on Amazon.de. Bitstamp, meanwhile, is making it easier to buy bitcoin with credit and debit cards. Coinimal users can now receive an Amazon.de voucher code via email by paying for the voucher with bitcoins. The process takes one to three blockchain confirmations. Users can redeem their Amazon.de voucher against purchases on the Amazon.de marketplace. Eric Demuth, Coinimal....
Coinimal, a European digital currency merchant, recently announced its new integration with NETELLER. By adding NETELLER to its payment options, Coinimal becomes the first crypto business working with NETELLER. Coinimal was launched in December 2014, aiming to improve access to Bitcoin in Europe. The Coinimal platform provides easy access for both buying and selling Bitcoin, along with some other cryptocurrencies such as Litecoin or Next. Last month, NETELLER became one of the first major financial institutions to facilitate digital currency transactions worldwide by offering a Bitcoin....
Coinimal is an online exchange which supports Bitcoin, Ethereum and NXT trading for several fiat currencies. Previously, Neteller and SEPA (Single Euro Payments Area) bank transfers were the site’s only payout options. PayPal is now added to the payout provider list. Customer preference for this addition was strong, the company reports. “This option was....
Launched in December 2014, Austrian start-up Bitcoin marketplace Coinimal has become the first Bitcoin business to add Neteller as a payment option. The deal which finally closed after months of negotiation will enable customers to buy Bitcoin and other cryptocurrencies with the support of the world's largest independent money transfer business. Coinimal's CEO Paul Klanschek said, "In my opinion NETELLER decided to do this pilot project with us because they feel that we are the most sophisticated, serious Bitcoin gateway in the world, and our compliance is stellar. We are extremely proud....
Ethereum continues to make waves on the cryptocurrency landscape, with developers introducing new applications that take advantage of its smart contract and crowdsale capabilities. The Ether’s market cap has soared above $1 billion recently. As Ethereum grows, it earns media coverage which in turn fuels its growth. The New York Times recently ran a feature story noting its value has spiraled 1,000% in the last three months and is attracting interest from major financial companies that are using it for private blockchains and smart contracts, CCN reported. Coinimal, a Vienna, Austrian-based....