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Coinfloor
United Kingdom
2013 (12 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Coinfloor
Company Information
Get to know Coinfloor
Coinfloor's mission is to facilitate and enable the convergence between the traditional finance industry and the burgeoning cryptocurrency markets within institutional-grade infrastructure, championing the stability and sustainability of cryptocurrencies as an alternative asset class and monetary system. Rooted in values of trust, reliability and security, their goal is to create a safe and transparent environment for their clients to trade and invest in cryptocurrency. Coinfloor serves the diverse needs of institutional or sophisticated investors and professional traders, offering their clients access to secure and transparent exchanges to trade and invest in cryptocurrency. The first exchange in their group, Coinfloor Exchange UK, a cryptocurrency spot trading platform, began trading in March 2014, and has continued to operate uninterrupted since its launch. It is the longest running cryptocurrency exchange in the UK. In January 2018, they added Coinfloor Exchange Gibraltar to their portfolio. In March 2018, CoinfloorEX joined the Coinfloor family, offering the first ever physically delivered cryptocurrency futures and spot exchange. Coinfloor’s client on-boarding process is strictly modelled against regulatory standards for AML and KYC. Coinfloor established industry best practice by being the first exchange to publish monthly Provable Solvency reports. Their commitment to transparency and regular auditing instills client confidence that Coinfloor has sufficient cryptocurrency liquidity to manage market fluctuation. Coinfloor investors include globally recognised venture capital firms and strategic investors. They are proud to have attracted funding from Passion Capital and Taavet Hinrikus. They also are backed by private investors including Adam Knight, who is the Chairman of their Board of Directors.
Industry
- Crypto CryptocurrencyPRIMARY
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