You cannot deposit USD, EUR, etc directly into Coinomi. You can buy crypto currency with fiat currency directly from Coinomi via third party services. To buy coins, simply open the left sidebar and select one of the "Buy Crypto" options, or open our website and click on the link "Buy Crypto" at the top. Coinomi doesn't hold any fiat currency. All assets held in your Coinomi wallet are crypto assets, that may or may not have a monetary value.
It is possible to sell to fiat directly in Coinomi using the services of our partners from the left side menu in the app below the 'buy/sell' section. These features are very simple to use but may require you to create an account with those providers to use their services.
While it's not exactly FIAT currency, you can buy gift cards to hundreds of different stores and services by selecting "Gift Cards". Another option is to trade with cryptocurrencies directly, by exchanging them for goods or services with merchants that accept them.
You can send your crypto assets directly from Coinomi to any other exchange/service as soon as the funds are received and have been confirmed once on the blockchain (for most assets). Some assets such as XMR have network confirmation requirements.
If you already have a supported asset in Coinomi, you can exchange it to another supported crypto asset directly in the app. Simply open the left sidebar and select one of our listed options under 'Trade'*. If you don't find the asset you want to trade on the exchanges' lists inside the app, please read here.
*The exchange options are possible using 3rd party exchange partners. Coinomi itself is not an exchange.
Good old fashioned work
Of course you can be part of the revolution and start trading crypto for goods and services directly. You can ask your employer to start receiving payments in crypto, and suggest paying in crypto with people/companies you usually purchase things from.
We are always looking to increase our options for users to buy/sell/use their cryptocurrency assets. If you are part of a start-up or long running crypto on-ramp/off-ramp or service and would like to discuss business opportunities. Please send your proposal to email@example.com so we can take a closer look.