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Saturday, May 21, 2022 Cryptocurrency Exchange Review: UK’s Longest-running Bitcoin exchange

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About is the UK’s longest-running crypto exchange, and the world’s only platform that has provided regular bitcoin audits from the beginning. Coinfloor is the UK’s longest established Bitcoin and cryptocurrency exchange. Founded with a focus on trust, security and reliability, the goal has always been to create a safe and accessible place to trade and invest in cryptocurrency such as Bitcoin. Coinfloor’s history goes back to 2012 when they experienced first hand the challenges of buying, selling and trading bitcoins in the UK, and wanted to build a business that solved this problem.

Exchange Cryptocurrency
Exchange TypeCryptocurrency
Autobuy Fee2% (50p MINIMUM)
Auto Sell Fee2% (0.0002 BTC MINIMUM)
Email Sypport[email protected]
Addess1 Quality Court City of London WC2A 1HR, UK
 Top CountryIndia

How To Sign Up & Start Trading

You Sign Up For A User Account By Providing Basic Information.

On Every Exchange You Will Get Option For Sign Up Or Create Account . Just Fill Some Basic Details Like Name , Email , Password , Security Question Etc For Registration . It Is First Step To Start Trading On Any Exchange

You Then Receive An E-mail In Your Mailbox To Activate Your Account.

Before You Can Login, You Must Active Your Account With The Code Sent To Your Email Address.Then You Will See A Message That Your Financial Account Is Activated And Ready To Go. This Means That You Can Log In And Start Trading In Cryptocurrency.

Identity Verification

For Successful Verification You Will Need Identity Documents. For Example, You Can Use A Driver’s License Or Passport, Where The Name Is Duplicated In Latin Letters.Confirmation Of Identity On Exchange Is An Optional Step. The Procedure Must Be Completed Only If You Want To Remove The Restrictions Of Btc On Deposit Or Withdrawal Of Funds Per Day.

Why AutoBuy?

Autobuying is one of the safest ways to buy Bitcoin. A £70 weekly Autobuy, starting 3 years ago, would have netted you over £26,000 of Bitcoin – All for the daily cost of tea and cake …… In contrast, the British Pound Sterling, far from being a store of value, has lost over 93% since leaving the gold standard in 1971 – it lost about half its value in the first 5 years alone!

Auto buy Fees

Autobuy fees are highly competitive.

The commission you pay is simple and straightforward, not buried behind FAQs and complex calculations.

2% (50p MINIMUM)2% (0.0002 BTC MINIMUM)

General Autobuy information:

  • minimum Autobuy deposit is £10.
  • The maximum Autobuy deposit you can make is £1,000 (or £10,000 after upgrading) per transaction.
  • A total of £3,000 can be spent via Autobuy before upgrading. You can upgrade your account at any time via Account Verification on the My Account page.
  • Autobuy deposits are processed between 7:30am – 9:30pm, Monday to Sunday.
  • All autobuys must be made from an account in your name held at a UK bank or financial institution.

 General Autobuy Sweep information:

  • Autobuy Sweep is a feature that allows withdrawal of your Autobuy directly to the BTC withdrawal address registered on your account.
  • The minimum Autobuy Sweep is 0.002 BTC.
  • The fee is 0.0002 BTC.

 General Auto Sell information:

  • minimum Auto Sell is 0.001 BTC.

Investor has attracted funding from top-tier early stage VC fund, Passion Capital, through a fund part owned by the UK Government’s British Business Bank, and Taavet Hinrikus, the co-founder of TransferWise and first employee of Skype. We also are backed by private investors including Adam Knight, the former MD of Goldman Sachs and Credit Suisse’s commodities trading business. Adam also serves as the Chairman of Coinfloor’s board.

Team team is passionate about Bitcoin and cryptocurrency. The promise of cryptocurrencies such as Bitcoin as an asset and money system is something that unites us. CEO, Obi Nwosu has over 20 years of experience building online marketplaces including QXL and WeeWorld, bringing online marketplaces and virtual currencies to tens of millions of users across the UK and world. COO, Teggy Altankhuyag, and Co-Director alongside Obi, has an extensive background in business intelligence and strategic planning. She works with the CEO to drive the vision, strategy, and operations throughout all aspects of Coinfloor. 

Safe is a company registered in England & Wales with registration number 08493818 and maintain communication with the UK’s Financial Conduct Authority (FCA) and the European Commission. In order to comply with the registration, potential future regulatory requirements and any applicable laws, it is important that we have in place a series of policies and procedures designed to protect Coinfloor and our clients.

It is the responsibility to safeguard the services from being used for money laundering and the facilitation of terrorist financing. For this reason, theyy require all of the clients to go through an application and verification process before they are able to trade on the Coinfloor platform or conduct Over-the-Counter trades through. Other safeguards include the ongoing monitoring and flagging of suspicious activities.

Data Protection: 

Coinfloor is registered with the Information Commissioner’s Office (ICO) under the Data Protection Act and we are required by law to store your information securely. Your financial information is safe with . The registration number is ZA002203. Coinfloor will never sell your data to third parties.

Two-Factor Authentication: believe that Two-Factor Authentication (2FA) should be a required standard for any financial services company. Passwords alone are insecure and in order to follow the “something you have” and “something you know” standard of security, we require the use of 2FA for all users, all of the time.

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