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Bangladesh
1 Level
1075 Review
2891.25 Karma

Review on Coinfloor by Robiul Islam

Revainrating 3 out of 5

Safely trade Bitcoin and Ethereum on the most liquid GBP exchange.

This is not bad when compared to today's top exchange websites. They provide different types of security features that every trader will like. Suppose the feedback you get to websites that are not this excessive when it comes to customer security! There are some customer complaints but this is mostly not related to their customer service and the entire operation itself. All-in-all these websites are suitable for traders residing in the area due to the number of paid payment options they have.

Fees: The most important part of an exchange website will be their fees schedule. It is sure to be a website that is wondering how wonderful it is though, but you have to be sure that you can afford to provide their services. There is no fee for buying BTC and there is no exchange of trading fees

Features: What is remarkable about this website is that they are not ashamed to tell people that they are frightened during safety. They have a data protection plan that is at the top.Two-factor authentication is available to take advantage of their customers. This security feature should always be present when it comes to websites that do not only have access to your personal information but also funds. Their storage system is 100% of their total customer's coins, which means that everything is saved offline. Of course, customers will be lifting daily money and the company will buy the exchange limit for every BTC 2 transaction and the maximum 3 times per day during their respective business transactions. Due to the nature of saving their currency, manual confirmation is done to add another layer of security.

Trading Interface: Here are the different types of accounts you can get. They have their own personal account where the clients are able to buy and sell BTC. On the other hand, they have a corporate account that has the same power as the personal account but with greater restrictions. The trading platform is very easy to navigate and there is no problem while trading your favorite crypto / fiat pair.

Deposit and Withdrawals: Here they take multiple deposits and withdrawal options to choose from their customers. They got BTC, BCH, GBP, EUR, PLN and USD to name the deposit options. Deposit fee is $ 1.50 to $ 10 dollars per transaction. Is it really frustrating that their minimum deposit amount for fiat currency starts from $ 1000 USD/ PLN / EUR / GBP. There is no fee for crypto deposits, but the minimum amount 0.0050 for both BTC and BCH.



Pros
  • Simple and wonderful user interface.
  • Fast and easy sign up process.
  • 100% cold storage of user funds .
  • Two-factor authentication and trading password for high level of security .
  • Mobile trading apps available for extra advantage.
  • Accepts crypto deposits and fiat.
Cons
  • Compared to some other exchanges it has limited range of coins.
  • High minimum deposit amounts.

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