Coinfloor: No More Faster Payments Due to Bank Pressure
It was in late June that UK-based crypto-currency exchange Coinfloor announced the integration of UK Faster Payments. The option did exactly what it sounds like it did. It moved money to and from the exchange faster than traditional means of moving funds. Alas, the integration was short-lived. The company took to social sharing website Reddit on Wednesday to announce that they will be dropping support for Faster Payments completely as of the 10th of October. (Specifically, customers will be able to deposit via Faster Payments until September 24th, and withdrawals will conclude on October....
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Updated with comment from Coinfloor. UK-based bitcoin exchange Coinfloor is now accepting domestic deposits via local bank transfer in an effort to accelerate its local payments services. The feature was brought about by popular demand thanks to a Coinfloor customer survey that found that the majority of Coinfloor's users (47%) would like to see faster local payments. Coinfloor also credited its customers with helping it continue to improve its services, stating: "The trust, support and feedback of our users has played a significant role in our course of action and focus over the last two....
London based crypto-currency exchange Coinfloor announced on Monday via their official blog that they have integrated UK Faster Payments due to consumer demand. The integration stems from a consumer survey conducted by the company nearly two months ago, which allowed customers to vote on feature they would have most preferred to see added. Choices included a debit card, market maker rebates, margin trading/short selling, and of course, local UK payments. Here's how they looks on a chart, courtesy of Coinfloor: Easily, Local UK Payments was of most interest, so Coinfloor went ahead and made....
London's biggest Bitcoin exchange Coinfloor has announced the launch of the world' first exchange-backed Bitcoin marketplace - Coinfloor Market. With Coinfloor Market, retail investors and consumers in the United Kingdom will be able to buy Bitcoin in a safe and secure environment. According to MarketWatch, Coinfloor recently met with UK's top Bitcoin brokers to bring about this marketplace and to accelerate the mainstream adoption of this digital currency. Coinfloor CEO, Mark Lamb said,
UK-based bitcoin trading exchange Coinfloor launched its services on 27th March, meaning users are now able to register to trade pound sterling for bitcoin via the platform. Coinfloor had originally aimed to start services on 5th November, but experienced delays due to technical problems. Coinfloor is now Live! - registration is open at http://t.co/Yvaxd7CeTS. - Coinfloor (@Coinfloor) March 27, 2014. Notably, the company has recognized the impact of the delay, and is offering an incentive program to those who submitted verification documents in November. Coinfloor indicated these exchange....
British bitcoin trading platform Coinfloor has announced the inclusion of more fiat currencies in its array of trading instruments. In a blogpost on its website, the company said that in addition to pounds sterling, the company would be adding dollars, euro and zloty. Coinfloor also enables its clients to make deposits into fiat currency-denominated accounts. Accountholders could also take advantage of SEPA payments, a payment-integration initiative of the EU for simplification of bank transfers denominated in Euro. Coinfloor has built up a dominant position in the BTC/GBP trading market.....