Official registration as cryptocurrency provider and Payment institution license
Coinmotion oy, a cryptocurrency broker company, is the first one in Europe to get a payment institution license and a virtual currency service provider license. The Finnish Financial Supervisory Authority has granted the licenses after various auditions and security controls.
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Security and privacy
We have accumulated extensive experience in the secure storage of cryptocurrencies as we are one of the oldest bitcoin investment service providers. Most of our customers’ funds are stored so that they are impossible for hackers to access.
Using our services, you don’t have to worry about the privacy breach of your personal data. However, according to Finnish law, we are liable to give information to public authorities on issues related to taxation and possible criminal investigations.
Easy payment methods
You can deposit euros to your Coinmotion account and then buy crypto with by bank transfers. Bank transfers usually take at least one day.
We want our platform to be accessible to as many people as possible, for which we offer a few payment methods. These are:
- SEPA Bank Transfers: the Single Euro Payments Area includes all 28 EU countries and Iceland, Liechtenstein, Norway, and Switzerland. Depending on your bank, international transfers take from 1 to 5 business days.
- SOFORT Banking: an instant online payment method available in Germany, Austria, The Netherlands, Switzerland, Italy, Spain, Belgium, and Poland. Works with most consumer banks from these countries.
- We offer instant Paytrail– and S-Pankki deposits to our Finnish customers.
Fast processing of payments
The incoming deposits are processed very fast, and selling and buying crypto is instant. You can send and receive euros and cryptocurrencies to other Coinmotion accounts instantly and without any fees.
On Coinmotion, you can also pay invoices in euros across EEA.
How to buy crypto on Coinmotion?
1) Open an account
You only need a few minutes to register. We’ll make sure your personal data is kept safe.
2) Verify your account
To protect you against identity thefts, we need to verify your account with the help of a few documents to make sure it’s really you.
3) Buy bitcoins
Deposit money into your account and start securely buying bitcoins.
What crypto can I exchange on Coinmotion?
Our platform is a viable and secure option that enables you to buy different types of cryptocurrencies, for example, bitcoin, litecoin, ethereum, ripple, and stellar lumens. These currencies are in the top 10 of the most popular cryptocurrencies in the world. Please notice that our platform does not support Bitcoin Cash.
Here’s a list of all the rest of the services Coinmotion offers you that help you with your exchanges and payments.
We can validate deposits made with bank transfers before they arrive at our end. The preapproved deposits allow you to purchase crypto without the delays of international transfers.
For investments of more than 10,000€, we offer exclusive and personalized banking services for guarding, purchasing, and selling crypto. If you need more information on our private banking services, contact us via [email protected].
Discounts by volume
We offer competitive discounts starting from transfers greater than 500€. The more you trade in 90 days, the less you need to pay commission fees.
Our customers have an option to store their cryptocurrencies in a high-security vault system that enables you to protect all of the cryptos purchased. The vault service requires verification by email or SMS for each transaction. For extra security, you must select a time window during which no one can withdraw the cryptos from the vault. The time established can be a minimum of 12 hours and a maximum of 30 days, and it is decided solely by you.
Monthly saving plan
Our monthly saving feature is an easy way to create a savings account of cryptocurrencies that keeps increasing in value without you even noticing it. You’ll see how easy this feature’s usage is, starting from filling in the information needed for the saving plan.
To make a saving plan, you start by establishing the number of euros and the date you’d like to buy cryptocurrencies. We’ll automatically manage the operation for you every month. Just make sure you have the needed amount of euros in your account. You can mix and match your plan with Bitcoin, Ethereum, Ripple, Litecoin, and Stellar Lumens.