Coinfloor: Reinstatement of GBP Withdrawals, increase of minimum deposits and withdrawal amounts and change of withdrawal fees for GBP and USD

As of today, Coinfloor has reinstated GBP withdrawals for clients. Also, in effect from 1 June and aligned with our commitment to better service our institutional and sophisticated investors and traders, we will increase the minimum deposit amount from 2,500 to 5,000 and increase our minimum withdrawal amounts to 2,000 for GBP, EUR and USD. Please note, clients who elect to close their account will receive a one-time exemption from the withdrawal minimums for their final withdrawals.

Deposit fees will remain at £5 for GBP and $10 for USD deposits. Withdrawal fees will increase to £60 per GBP withdrawal and $75 per USD withdrawal.

EUR deposit and withdrawal fees will remain unchanged at €1.50 per deposit or withdrawal transaction.

Please review the table below for a summary of the new deposit and withdrawal fees and minimums:


Asset Minimum deposit amount Deposit fee Minimum withdrawal amount Withdrawal fee
Pound Sterling (GBP) 5,000.00 GBP 5.00 GBP 2,000.00 GBP 60.00 GBP
Euro (EUR) 5,000.00 EUR 1.50 EUR 2,000.00 EUR 1.50 EUR
US Dollar (USD) 5,000.00 USD 10.00 USD 2,000.00 USD 75.00 USD

image

Original article was created by: Coinfloor at blog.coinfloor.co.uk

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency or ICO.

One more thing you may be interested in:

Interested in Cryptocurrencies and ICO's?

Follow our telegram channel for daily cryptomarket reports!

Join @cointrends

Related Articles

pubDate Newsline

Stay on top of Altcoins and ICO trends.

Subscribe to our free Weekly Cryptomarket report

Delivered once a week, strongly to your inbox.

Subscribe to our mailing list
May 15, 2018
May 03, 2018

Coinfloor UK - Systems Issues 28 April - Update on resolution

On Saturday 28th of April, we identified an issue that caused one of our messaging servers to become unavailable and resulted in us having to initiate an unscheduled shutdown of our services, including our website and API. This issue was investigated and resolved, with our full service being...

From: Coinfloor
April 23, 2018

Provable Solvency Report #49 - April 2018

Coinfloor is a custodian of client bitcoins and we believe that we must set the industry standard for transparency and regular audits. Without proper public accountability, the industry will not be able to grow and mature. This is why we are committed to releasing a Provable Solvency Report...

From: Coinfloor
April 03, 2018

Change to GBP Withdrawals process and pause to the increase in Deposit and Withdrawal minimums

Change to our GBP Withdrawal processWe have been informed by our primary bank that their GBP SWIFT provider has asked them to pause processing GBP SWIFT withdrawals related to cryptocurrency.We will be transitioning to an alternative solution for GBP SWIFT (or Faster Payments) withdrawals as...

From: Coinfloor
March 31, 2018

Coinfloor to increase Fiat deposit and withdrawal minimums

In December 2017, Coinfloor Exchange UK took the decision to incrementally increase Fiat and cryptocurrency deposit minimums to align to industry practices and to better service our institutional and sophisticated investors and professional trader clients.As of 2 April 2018, we will be further...

From: Coinfloor
March 29, 2018

Provable Solvency Report #48 - March 2018

Coinfloor is a custodian of client bitcoins and we believe that we must set the industry standard for transparency and regular audits. Without proper public accountability, the industry will not be able to grow and mature. This is why we are committed to releasing a Provable Solvency Report...

From: Coinfloor
Upcoming ICO's
This week overview
Token Name Starts
Acorn Collective (OAK) logo Acorn Collective (OAK) 1 days
Tradelize (TDZ) logo Tradelize (TDZ) 4 days
Scanetchain Token (SWC) logo Scanetchain Token (SWC) 4 days
Kepler (KEP) logo Kepler (KEP) 4 days
Bettium (BETT) logo Bettium (BETT) 7 days
DNN Token (DNN) logo DNN Token (DNN) 7 days
Gimmer (GMR) logo Gimmer (GMR) 7 days
Mint (MNTS) logo Mint (MNTS) 7 days
Cryptocurrency rates
*Last hour average price&change
Coin Name Price Hour
Bitcoin logo BTC $7639.55 0.67%
Ethereum logo ETH $605.591 0.92%
Ripple logo XRP $0.63489 0.66%
Bitcoin Cash logo BCH $1068.87 0.93%
EOS logo EOS $12.6766 1.77%
Litecoin logo LTC $123.129 0.65%
Stellar logo XLM $0.297391 1.8%
Cardano logo ADA $0.210158 1.51%
Tronix logo TRX $0.0729561 0.45%
IOTA logo IOT $1.53341 0.93%
NEO logo NEO $55.9326 2.84%
DigitalCash logo DASH $346.324 0.87%