Coinomat is a cryptocurrency designed to provide instant exchange services. This unique
development allows users to switch between cryptocurrencies without any registration or restriction
impositions. The main idea of the project is to create a gateway service for the Waves users who
want to introduce FIAT money into the Waves blockchain tokens. Coinomat is a dividend paying
asset, provided by NXT. It holds an IPO price of 2 NXT. Coinomat is also a core service of SuperNET.
Furthermore, the framework enables Waves users to withdraw USD and EUR from their wallets into
their bank accounts. A disadvantage of the system is that withdrawaling is allowed only to the same
private bank account from which the dealer has deposited funds. Any third-party intervention on the
financial exchange operation system is prevented. This allows the currency to integrate a secured,
fast and promising environment for the execution of a peer-to-peer interaction service.
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