Cryptocurrency Exchange Coinfloor

January 30, 2018

Coinfloor is one of the UK's top exchanges. Coinfloor uses 100% multisignature cold storage. Coinfloor has a number of fiat to crypto trading pairs - GBP, Euro, Polish Zloty and USD. In all Coinfloor is a solid exchange to use specifically because of its high levels of security. London-based digital currency exchange Coinfloor has announced it will adopt a 'no-fee' bitcoin trading policy beginning later this week.

With the move, Coinfloor, one of the larger players in bitcoin's still nascent GBP market, embraces a pricing strategy that is comparable to the industry's largest, though primarily China-based exchanges, which have long withheld fees on bitcoin-denominated trades.

Coinfloor is a popular UK-based bitcoin exchange. The exchange makes it easy to buy bitcoins in minutes using a simple online interface. Read our Coinfloor review to find out if it’s the right choice for you.

Coinfloor is a bitcoin exchange service found online at Coinfloor.co.uk. The service promises to make it easy to buy bitcoins in minutes. You visit the site, enter the amount of fiat currency (in GBP) that you wish to spend on bitcoin, then buy your desired amount. You can conduct an ordinary purchase for no fees, or conduct an “Express Buy” purchase for an additional fee.

Yes, I just said “no fees”. Coinfloor made headlines in January 2017 for announcing its “no fee” bitcoin trading policy. Obviously, that’s unusual in the bitcoin community. So how does it work?

Coinfloor – which was already one of the UK’s largest bitcoin companies before the “no fee” announcement – is embracing a pricing strategy we’ve seen on other large worldwide exchanges, including mostly large China-based exchanges. These Chinese exchanges withhold fees on bitcoin trades.


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