Coinfloor - UK's longest running bitcoin exchange

in steemhunt •  last year 


UK's longest running bitcoin exchange



Hunter's comment

This exchange has an unusual feature - it allows you to do pound cost averaging by setting up an automatic weekly buying order. Just order a small amount of bitcoin each week (for example £50 a week) and at the end of the year you will have accumulated quite a lot and will have taken advantage of any dips in price.

It's also one of the few bitcoin exchanges that has proved it is solvent by publishing it's balances on the blockchain.

Please note that to comply with UK regulation, they verify your identity when you set up your account.


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The autobuy feature is interesting - if it had been in place during 2018 and 2019, you could have bought bitcoin very cheaply every week and be sitting on a nice fortune by now. Nice find!


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