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

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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.

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