Review: a Scam or Legit in the UK?


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  • User-friendly
  • Great customer service
  • Accepts cryptocurrencies and fiat
  • Private and corporate accounts
  • Opportunity to buy bitcoin on a permanent basis




What Is Coinfloor?

Coinfloor is one of the oldest cryptocurrency exchanges in Europe. The company was founded in 2013 and provides services to UK residents. Among its investors are many large companies such as VC Fund, Passion Capital and Taavet Hinrikus.

Navigating the Risks: A Crypto Trading Disclaimer

Trading in cryptocurrencies involves significant risks and may not be suitable for all investors. The cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Investors should carefully consider their financial situation, risk tolerance, and investment goals before trading. It's essential to conduct thorough research and seek professional advice before making any investment decisions.
Read our advice to avoid losing money in financial markets. Protect your investments today.




Social Media

Date of foundation


Head Office

1 Quality Court, City of London, WC2A 1HR, UK

Types of cryptocurrencies


Types of support

E-mail: [email protected]
Help Center




Obi Nwosu

How to register on Coinfloor in the UK

How to register on Coinfloor

Creating an account is very easy. You need to go to the website of and click the Sign Up button located in the upper right corner of the web page. In order to create an account, you need to provide an email address and come up with a password. After that, an email with a confirmation link will be sent to the specified email address, which must be clicked to activate the account.

Sign Up

To complete the account creation, the client must set up two-factor authentication. To do this, you will need the Authy mobile or desktop application. After these steps, the user will be redirected to a page where they must provide personal information to verify their account.

Two-Factor authentication

The verification procedure is standard. You need to upload color scans of your identity documents and your bank statement. In some cases you may be called by video link. But there is another more important feature of the exchange. Coinfloor is registered with the UK Information Commissioner's Office (ICO). Its registration number is ZA002203. This means that customers' personal data can never be shared or sold to third parties. Moreover, only the top management of the exchange has access to customer databases and data.

Crypto-Scam Warnings

Beware of crypto-scams! Trading cryptocurrencies carries risk and may lead to loss. Research our selection of trusted services to protect your investments. Stay informed, stay secure.

Types of accounts

Types of accounts

CoinFloor currently offers private and corporate accounts. Regardless of which account type is chosen, there is no way around the two-factor authentication process required by the operator.

Private customers can buy and sell bitcoins through the OTC CoinFloor marketplace. Retail customers can make large purchases and sales, although they must request a quote in advance for such transactions

Corporate customers get access to large-scale over-the-counter sales and purchases by default. They enjoy outstanding bitcoin liquidity in GBP and EUR. Such clients are also offered a diverse set of API tools that allow them to integrate the new bitcoin payment gateways with their existing payment solutions.

How to deposit and withdraw funds?

You can only make a deposit by bank transfer, so you have to wait a few days until Coinfloor will credit the funds to your account. Alternatively, you can make deposits using bitcoin. Coinfloor supports only two fiat currencies: pound sterling (GBP) and euro (EUR). GBP and EUR are included in trading pairs.

The minimum amount that can be deposited at Coinfloor is 1,000 GBP/EUR.

You can withdraw funds in the same way as a deposit. 

How to trade on Coinfloor

How to trade on Coinfloor

At Coinfloor cryptocurrency exchange everything is very simple. The exchange of sterling and euro to bitcoin works, and trading in only two pairs - XBT/EUR and XBT/GBR - is offered through the trading terminal. Additionally, there is an over-the-counter market (OTC) for large transactions (over 100 thousand pounds).

The liquidity is not high. XBT/GBR are traded in volume of about $1 mln, XBT/EUR are not often traded at all.

Exchange trading fees

Coinfloor has variable trading commissions. They depend on the volume the client uses. If he trades less than 500,000 GBP/EUR per month, he will pay a commission of 0.3% per transaction. However, it can be reduced to 0.2% if the trading volume is between 500,000-1,000,000 GBP/EUR.

The minimum trading commission a client can receive is 0.10%. It applies to trades of more than 1,000,000 GBP/EUR per month.




Coinfloor Fees

30 day trailing trading volume 

< 500,000

< 500,000


30 day trailing trading volume 

500,000 – 1,000,000

500,000 – 1,000,000


30 day trailing trading volume

> 1,000,000

> 1,000,000


Coinfloor Autobuy

Coinfloor Autobuy

Coinfloor cryptocurrency exchange offers such service as Autobuy for its users. Autobuy is a way to buy bitcoin on a permanent basis. In your personal account, you create a standing order that serves to accumulate bitcoin over time, thus smoothing out price volatility. When your Autobuy deposit is processed, the pound sterling is exchanged for bitcoin and the bitcoin is transferred to your Coinfloor account. Once the transaction is completed, you receive a confirmation email.

(Please note Autobuy only works with GBP from a UK bank).

Mobile App

Mobile App

Coinfloor cryptocurrency exchange has a mobile app for Android and iPhone. It supports all the functions of the site, and some functions in the app are much more convenient. For example, setting up two-factor authorization.

Advantages and disadvantages of  Coinfloor crypto exchange



  • Accepts cryptocurrencies and fiat
  • Convenient and simple trading platform
  • Safety of funds and European registration
  • 2FA support
  • High commissions;
  • Does not support debit/credit cards or electronic payment systems;
  • High minimum deposit;


The cryptocurrency exchange Coinfloor is based in Britain. It maintains ties with the FCA, takes care of the safety of funds and personal data of clients. In 2018, Coinfloor launched a program to counter manipulation of cryptocurrency markets. The software of the American company Trading Technologies (TT) is used for this purpose. Other cryptocurrency exchanges, such as Gemini and Coinbase, use the same software. The software uses machine learning algorithms and detects fraud attempts in the market. All these are undeniable pluses of the organization.

However, there are also disadvantages. To the main ones, we will refer high commissions, high minimum deposits and a small number of deposit/withdrawal methods.

Coinfloor is one of the most reliable and secure cryptocurrency exchanges for bitcoin buying and selling transactions. The focus of this exchange on only one cryptocurrency may be considered by some as a disadvantage, but in fact, this fact shows that Coinfloor really cares about its users.

Coinfloor Review Summary 

83% Overall

We have analyzed key features of Coinfloor based on 3 important criteria for choosing crypto exchange:

  • Trustworthy
  • Usability
  • Fees
    Based on researches and our own tests, we have made an independent rating.

Jack Evans

I became a crypto asset owner in 2014, when the industry was in its infancy. Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading. I am happy to share with readers my experience with crypto exchanges, DeFi and NFT instruments.

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