United Kingdom of Great Britain and Northern Ireland
Full trading platform
Volume 24H: $416,361
Coinfloor is a UK-based Bitcoin trading platform that also offers brokerage services for its users. Coinfloor offers full digital asset exchange services for corporate and institutional clients, claiming to be the most liquid GBP exchange although it doesn't provide legal paperwork supporting this claim. At the same time, Coinfloor says there are no exchange fees.
The platform has the basic functionality of a digital asset trading platform, putting emphasis on security. The design is simple and clean. Coinfloor strongly advises using the latest browser versions to avoid display and functionality problems. Daily traders are best to use the Coinfloor Trader desktop application.
Traditional Currency Support
- Euros (EUR)
- Polish Zloty (PLN)
- US Dollar (USD)
- European Union
- Hong Kong
- Most Africa
- Most of Asia
- Most of Eastern European Union
- Most of Latin America
- Most of the Middle East
- New Zealand
- Russian Federation
- United Kingdom of Great Britain and Northern Ireland
- United States of America
- Web Interface
- Desktop APP
Partners and integrated software
- Paysera Wallet
Stock Market Options
- Allows customization of charts
- Allows customized alerts and notifications
- Limit Order
- Market Order
Coinfloor security levels are exceptionally high. They offer 2FA and a withdrawal white list option. They use an elastic multi-stage wallet strategy ensuring that 80-90% of funds are kept offline and secure. Also, for withdrawals, users are required to pass an enhanced verification process providing proof of the validity of their identification documents.
Advanced Security Features:
- Email reports of logins
- Monitor bahavior patterns for suspicious activity
- Email Notification of withdrawal
- Bank Level Encryption
- Protection from DDoS attackes
Legal Registration or Compliance:
- KYC/AML Compliant
Coinfloor Ltd, headquartered in London, was founded in 2013 by BTC broker Mark Lamb and Obi Nwosu, an experienced online marketplace developer. The company has been in the news for funding attracted from Passion Capital and Taavet Hinrikus (co-founder of TransferWise). Over the years, it has been featured in Forbes, Financial Times, and CNN Money as one of the leading BTC exchanges in the UK.
Though some users report slow customer support reaction regarding funds withdrawal or suspended accounts, Coinfloor remains one of the best options for those who trade cryptos against GBP. The platform seems to provide reliable storage and the team is working on support for new cryptocurrencies: ETH, ETC, XRP and LTC.
Deposit from bank account, Deposit using 3rd party, Withdrawl funds to bank account, Send/Receive Crypto
Coinfloor offers the Express Buy service, which allows users to make smaller purchases of Bitcoins with the assistance of Coinfloor Brokers and with no need for international transfer deposits or using the exchange. For daily traders, Coinfloor also offers a desktop application that only allows trades without access to other functions and that has the advantage of no session timeouts.
Some users complained about poor customer support.