- CoinCorner has acquired Coinfloor’s customer base and internet domains (coinfloor.co.uk and coinfloor.com).
- Coinfloor clients have one month to decide whether to migrate or close their account. If they choose to close their account, they have to withdraw all their money.
- CoinCorner will offer Coinfloor customers a wide range of services, including Bitcoin cashback.
CoinCorner, a UK-based bitcoin exchange and service provider, announced today that it has acquired the customer base and internet domains of another British BTC exchange, Coinfloor.
Danny Scott, CEO of CoinCorner, said in an announcement shared with Bitcoin Magazine. “Customers will now have access to our wide range of offers, including Lightning payments, Bitcoin cashback, and many other soon-to-be-release features such as Bitcoin-backed debit cards and loans.”
Coinfloor customers will have one month, starting October 4, to migrate their accounts, contracts and balances to CoinCorner or close their Coinfloor accounts and withdraw all available funds after fees. If the user does not choose one route manually, their accounts and balances will be migrated automatically.
Coinfloor was founded in 2013 and was the UK’s longest-running Bitcoin exchange. During the transition period, CEO Obi Nwosu will assume an advisory role at CoinCorner.
“CoinCorner and Coinfloor have always supported the same principles: growing and supporting the Bitcoin technology philosophy and community; focusing on helping customers as our top priority; and providing safe and simple ways to buy Bitcoin,” Nouso said. “Above all else, we both focus on making Bitcoin simple, secure, and reliable for our users.”
CoinCorner, founded in 2014, offers a wide range of bitcoin-related services including buying and selling bitcoin, a bitcoin payment solution, and the first bitcoin cashback service available in the UK