UK Exchange Coinfloor Embraces 'No-Fee' Bitcoin Trading
Hi Guys, Founder of Coinfloor here. We announced Zero Fee Trading today and wanted to post here since some of you may be interested in this offering. Coindesk wrote about us here: http://www.coindesk.com/uk-exchange-coinfloor-embraces-no-fee-bitcoin-trading/ Summary of the change Coinfloor is moving to zero fee trading and will be replacing trading fees with percentage fees (in addition to bank processing fees) on GBP and other fiat deposits and withdrawals. Bitcoin deposits will be free and bitcoin withdrawals will be charged a flat 0.0005 XBT fee to cover fees charged by the bitcoin network. Zero fee trading will go live later this week (17/1/2017) and fiat deposit and withdrawal percentage fees will go live early next week (24/1/2017). Full details of the new fees can be found on our fees page. Why the change? We are already the most liquid GBP/XBT exchange but we believe this change will increase trade volumes and improve liquidity even further. What does this mean for you? If you are a regular buyer or seller on Coinfloor, you should find that your overall costs (i.e. deposit/withdrawal costs and trading costs) will stay roughly the same. If you are a regular trader on Coinfloor Exchange, you can now trade bitcoins for free, not paying fees other than as part of any occasional deposits or withdrawals. Also, if you are depositing, trading and withdrawing profits in XBT, you will only pay the nominal XBT withdrawal fees. What does this mean for Coinfloor? We are setting the deposit, withdrawal and trade fees at levels which we believe are sustainable for Coinfloor and attractive to our customers. However, this is a significant and unprecedented change so we will be monitoring how it performs and if necessary, we will revert to a more traditional trading fee based structure. We are excited to see how this change is adopted by our customers and are happy to hear any feedback that you may have. Coinfloor Team
The Coinfloor Bitcoin exchange was also the first to hold all its users’ Bitcoins in Multi-Signature Pay 2 Script Hash (P2SH) cold storage. Tutorial: How to register and trade at Coinfloor Exchange. Here is a step-by-step guide on how to register and start trading at Coinfloor: Signing up . Hit the ‘Sign Up’ button in the top navigation bar and complete the three-step process ... Coinfloor is a popular bitcoin exchange based in London. The exchange has strong liquidity in the GBP/BTC pair, and allows traders to trade on the exchange with no fees. The only “catch” to the no fee trading structure is the high deposit requirements: you typically need to invest about 1000 units of your local currency to start trading with Coinfloor. Fortunately, Coinfloor charges flat ... Coinfloor is a London-based Bitcoin exchange Established in early 2013 with the aim of creating the world's most reputable and trustworthy digital currency exchange. The company is focused on security and is known for being the first exchange to store all bitcoins in 100% multi-signature cold storage and employing procedures to deter money laundering amidst the lack of government regulation. How to Use Coinfloor to Buy Bitcoin? Due to the security policies of the website, you need to register for an account and verify your identity first. If you successfully passed the verification, you can head to the Coinfloor exchange. The platform allows you to buy BTC with GBP, EUR, and USD. That means you will need to have one of these ... Coinfloor 1,354 followers on LinkedIn Buy Bitcoin, simply, automatically, and safely, on the UK's longest-running Bitcoin exchange
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Stellar gained the most out of the top 10 today, experiencing gains of more than 6% over the past 24 hours. And NEO experienced the biggest gains out of the top 20 with gains of over 8%. Bitcoin ... We are BAAAACK with another timeless interview starring Obi Nwosu, U.K Legend and CEO of Coinfloor. Dive deep into Bitcoin and find out if BTC truly is money 2.0? or Gold 2.0? What are the pros ... Coinfloor review RvMajor. Loading... Unsubscribe from RvMajor? ... Bitcoin trading exchanges (forex & traditional) - Duration: 12:06. 99Bitcoins 4,302 views. 12:06. genesis mining upgrade bitcoin ... This video is unavailable. Watch Queue Queue A Bitcoin a warning from coinfloor ceo surfaced today. In this video, we talk about this bitcoin news, and why I mainly disagree with everything it says about Bitcoin! Article - https://www.forbes ...