Introduction of Coinfloor – London’s larges Bitcoin exchange
Mark Lamb, Coinfloor’s Founder
Coinfloor is a London-based bitcoin exchange established in early 2013.
Coinfloor has launched the first exchange-backed Peer-to-Peer marketplace for bitcoin, “Coinfloor Market”, which connects vetted brokers with investors and consumers looking to buy bitcoins. Buyers are able to send funds directly to a broker using a local UK bank transfer. Coinfloor is also the first exchange to employ a sophisticated algorithmic rounding engine for fee calculation. By allowing direct conversion between bitcoins and the British Pound (Sterling), the exchange aims to reduce the inconvenience of a two-step conversion that people holding Sterling used to have to go through.
The start-up was founded by Mark Lamb, Amadeo Pellicce, and James McCarthy. In October 2013 the company announced raising an undisclosed amount of venture capital funding from Passion Capital and Taavet Hinrikus,co-founder of TransferWise and the first employee at Skype. In December 2013, Obi Nwosu also joined the company as a co-founder
“The most secure Bitcoin trading venue in the world”