Author

Topic: coinfloor (Read 321 times)

member
Activity: 112
Merit: 11
August 29, 2017, 11:04:07 AM
#3
I have used Coinfloor quite a bit and have had no problems.

Be aware that they might ask you to show evidence of the source of funds you send there, eg. if you sell a lot of Bitcoin they might ask you to prove where the Bitcoin came from. In my case, I was able to show the receipts from when I bought GPUs for mining back in 2011 and they were happy with that.

Their OTC market is (despite the wording on their site) available to individuals as well as institutions, should you want to trade significant volumes.

This thread probably belongs somewhere else!
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
August 29, 2017, 10:57:07 AM
#2
Yes. As far as I know it's the one and only exchange that regularly publishes audits of its holdings. It's been around for a good while now.

You might find the banking a bit of a grind though. Though it's priced in GBP you have to wire to somewhere like Poland. The marketplace option is set up like Localbitcoins I think so you won't have to dick around with that, it's only for the actual exchange.
full member
Activity: 294
Merit: 100
August 29, 2017, 10:52:00 AM
#1
Hello guys, just wondering if coinfloor is safe and legit exchange to deposit fiat to buy BTC?

Many thanks.
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