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Crypto exchange Coinfloor to launch a simplified bitcoin buying service

Image by Coinfloor

Thu, 20 Feb 2020, 04:53 am UTC

U.K.-based crypto exchange Coinfloor is going to launch a simplified bitcoin buying service target at novice traders and hodlers, CoinDesk reported.

The “Auto Buy” service will be launched next month as part of Coinfoor’s “No BS” campaign for crypto. CEO Obi Nwosu told the news portal that he wanted to educate new users and provide them full transparency through monthly proof-of-custody audits of all the coins stored on the platform.

“There are maybe 5 percent of people who are either trading professionals or who like to speculate – for them high-volatility trading is fine. But we want to make the exchange for the other 95 percent who don't want their currency to be volatile. Our idea is to try and make buying bitcoins boring,” said Nwosu.

Auto Buy uses dollar-cost averaging to allow users who are uncomfortable with bitcoin’s volatility to buy the digital currency in small amounts regularly spread over a long period of time. Once the mechanism is set up, the purchases will be done through bank transfer using the Faster Payments system.

Nwosu said that the customers can buy bitcoin on a regular basis at an amount that’s very comfortable with them as they can start with as little as $13 per week.

Coinfloor has been releasing monthly audits for six years already which includes a time-stamped and transparent list of balances being held for its customers.

Meanwhile, crypto exchange FCoin is likely to default after falling short of its liability by about 7,000 to 13,000 bitcoins ($68 million to $130 million). Zhang Jian, former Huobi CTO and founder of the exchange, admitted that the errors in data and decision were to blame.

Commenting on the debacle, Nwosu said that FCoin "was insolvent. Maybe for over a year. Bitcoin audits would have solved this."

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  • ALEXANDRABROOKLYN
  • 2020.09.19 06:06:09
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  • Nicky
  • 2020.07.07 05:18:32
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2. ????Manipulation of software to generate losing trades:
These complaints alleged that the Internet-based Investment and trading platforms manipulate the trading software to distort the Trading prices and payouts in order to ensure that the trade results in a Loss. For example, when a customer’s trade is “winning,” the countdown to expiration is extended arbitrarily until the trade becomes a loss.

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????All Rights Reserved ®️
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  • Nicky
  • 2020.07.07 05:16:23
☑️☑️ ☑️ DO YOU WANT TO RECOVER YOUR LOST FUNDS ON CAPITAL INVESTMENTS, BITCOIN INVESTMENTS, BINARY OPTIONS, LOANS AND OTHER SCAM TRADING INVESTMENTS ??? TAKE YOUR TIME TO READ????

☑️ The COMPOSITE CYBER SECURITY SPECIALISTS have received numerous complaints of fraud associated with websites that offers opportunities for Capital Investments, bitcoin investments and Trading on an Internet-based trading platforms. Most Of The complaints falls into these Two categories:
1. ????Refusal to credit customers accounts or reimburse funds to customers:
These complaints typically involve customers who have deposited money into their trading or investment account and who are then encouraged by “brokers” over the telephone to deposit additional funds into the customer account. When customers later attempt to withdraw their original deposit or the return they have been promised, the trading platforms allegedly cancels customers’ withdrawal requests, refuse to credit their accounts, or ignore their telephone calls and emails.

2. ????Manipulation of software to generate losing trades:
These complaints alleged that the Internet-based Investment and trading platforms manipulate the trading software to distort the Trading prices and payouts in order to ensure that the trade results in a Loss. For example, when a customer’s trade is “winning,” the countdown to expiration is extended arbitrarily until the trade becomes a loss.

☑️ Most people have lost their hard earned money through Scam Investments And Trading, yet they would go and meet fake recovery Experts unknowingly to help them recover their money and they would end up losing more money in the process. Guys to be Truthful with you, It’s Only Cyber Security Specialists that are capable of recovering your Funds, and This Is Basically why we (COMPOSITE CYBER SECURITY SPECIALISTS) have come to y’all victim’s rescue. The clue is most of these Brokers have weak Database security, and their vulnerabilities can be exploited easily with the Help of our Special HackTools, Root HackTools And Technical Hacking Strategies because they wouldn’t wanna conduct Bug bounty Programs which would have helped strengthen and protect their Database from Unauthorized accesses, So all our specialists do is to hack into the Broker’s Database Using Technical Hacking Methods and Strategies, Decrypt your Transaction Details, Trace the Routes of your Deposited Funds, Then some Technical Hacking Algorithms & Execution follows then you have your money recovered???? ✔️

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▪️ CREDIT REPAIR. ????
▪️ PHONE HACKING & CLONING ????
▪️ SOCIAL MEDIA ACCOUNTS HACKING ????
▪️LOCATION TRACKING ????
▪️BITCOIN MINING ⛏ And More.


????CONTACT:
Email:
[email protected]


????2020 © composite cybersecurity specialists
????Want faster service? Contact us!
????All Rights Reserved ®️
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  • Nicky
  • 2020.07.07 05:16:12
☑️☑️ ☑️ DO YOU WANT TO RECOVER YOUR LOST FUNDS ON CAPITAL INVESTMENTS, BITCOIN INVESTMENTS, BINARY OPTIONS, LOANS AND OTHER SCAM TRADING INVESTMENTS ??? TAKE YOUR TIME TO READ????

☑️ The COMPOSITE CYBER SECURITY SPECIALISTS have received numerous complaints of fraud associated with websites that offers opportunities for Capital Investments, bitcoin investments and Trading on an Internet-based trading platforms. Most Of The complaints falls into these Two categories:
1. ????Refusal to credit customers accounts or reimburse funds to customers:
These complaints typically involve customers who have deposited money into their trading or investment account and who are then encouraged by “brokers” over the telephone to deposit additional funds into the customer account. When customers later attempt to withdraw their original deposit or the return they have been promised, the trading platforms allegedly cancels customers’ withdrawal requests, refuse to credit their accounts, or ignore their telephone calls and emails.

2. ????Manipulation of software to generate losing trades:
These complaints alleged that the Internet-based Investment and trading platforms manipulate the trading software to distort the Trading prices and payouts in order to ensure that the trade results in a Loss. For example, when a customer’s trade is “winning,” the countdown to expiration is extended arbitrarily until the trade becomes a loss.

☑️ Most people have lost their hard earned money through Scam Investments And Trading, yet they would go and meet fake recovery Experts unknowingly to help them recover their money and they would end up losing more money in the process. Guys to be Truthful with you, It’s Only Cyber Security Specialists that are capable of recovering your Funds, and This Is Basically why we (COMPOSITE CYBER SECURITY SPECIALISTS) have come to y’all victim’s rescue. The clue is most of these Brokers have weak Database security, and their vulnerabilities can be exploited easily with the Help of our Special HackTools, Root HackTools And Technical Hacking Strategies because they wouldn’t wanna conduct Bug bounty Programs which would have helped strengthen and protect their Database from Unauthorized accesses, So all our specialists do is to hack into the Broker’s Database Using Technical Hacking Methods and Strategies, Decrypt your Transaction Details, Trace the Routes of your Deposited Funds, Then some Technical Hacking Algorithms & Execution follows then you have your money recovered???? ✔️

☑️All our Specialists are well experienced in their various niches with Great Skills, Technical Hacking Strategies And Positive Online Reputations And Recommendations????
They hail from a proven track record and have cracked even the toughest of barriers to intrude and capture all relevant data needed by our Clients.
We have Digital Forensic Specialists, Certified Ethical Hackers, Software Engineers, Cyber Security Experts, Private investigators and more. Our Goal is to make your digital life secure, safe and hassle free by Linking you Up With these great Professionals such as JACK CABLE, ARNE SWINNEN, SEAN MELIA, DAWID CZAGAN, BEN SADEGHIPOUR And More. These Professionals are Well Reserved Professionals who are always ready to Handle your job with great energy and swift response so that your problems can be solved very quickly.

☑️ Also, If You Have NON-SPENDABLE BITCOINS And wish To Activate It To SPENDABLE, Don’t Hesitate to reach Out To Us

✅ COMPOSITE CYBER SECURITY SPECIALISTS are Basically the ANSWERS to your PRAYERS.

????CONTACT US TODAY:
Email:
[email protected]


☑️ We Also Have a Separate Team that Provides-LEGIT HACKING SERVICES SUCH AS:
▪️ WEBSITE AND DATABASE HACKING ????
▪️ CREDIT REPAIR. ????
▪️ PHONE HACKING & CLONING ????
▪️ SOCIAL MEDIA ACCOUNTS HACKING ????
▪️LOCATION TRACKING ????
▪️BITCOIN MINING ⛏ And More.


????CONTACT:
Email:
[email protected]


????2020 © composite cybersecurity specialists
????Want faster service? Contact us!
????All Rights Reserved ®️
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  • HackEthics008
  • 2020.06.04 05:32:03
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  • 2020.05.26 02:13:12
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  • 2020.04.12 18:33:33
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  • 2020.04.06 07:05:53
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  • gismat576
  • 2020.04.02 20:13:21
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  • gismat576
  • 2020.04.02 19:55:23
Bitcoin trend lately has been up and downs which is due to its highly volatile and unpredictable nature no one knows for sure what’s next whether a correction would take place to see Bitcoin price fall. In my own experience, I have come to know it’s risky and not profitable to hold your coins while waiting for the eventual bull run. I advise all to accumulate as much as you can thereby increasing your portfolio. There are two ways to go about it, firstly either by dollar cost averaging and secondly trading bitcoin which is very efficient and very profitable if done the right way. I trade daily though I am not an expert trader a smart one because I created a strategy that works for me, I trade under the guidance of Liam Stutt he provides trading signals for me daily. He is one of the best signal providers and within my first few weeks of using his system, I had increased my portfolio from 1.5BTC to 6 BTC. After meeting Liam it’s been a wining and profit streak for me and you can reach him through email LiamStutt 36 at gmail.dot com Whatsapp; +1 3042445323. I urge all of you in the crypto sphere to be smart investors
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  • frostty
  • 2020.02.25 13:14:37
I was also cheated by Banc de binary. in first step I lost $1250. My account manager- Mr. Brace gave me 90% incorrect signals and always pushed me to open trades with high amount of money such as my first trade was with $1000 and I lost it, then he gave me a bonus for the same value and again I lost all. I complained to their management and they agreed to gave me $500 credit just to trade, again another guy named George called me and tried to cheat me to deposit $5000 and when I did not accept he became angry and tried to cheat me in another me so asked me to open a trade for 50% of my account, but I opened it with 10% and I lost it. It is obvious that they try to you lose your money. They make money when you lose money. for Optionrally I had same issue and my manager gave me 10 signals 100% incorrect and I lost $3500.
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  • 2020.02.20 23:56:10
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Coinbase becomes first crypto company to receive Visa principal membership
08:59
Dubai Economy and six banks launch KYC Blockchain Consortium
08:26
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
07:12
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
06:13
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
05:02
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
04:56
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
04:35
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
12:46
Crypto custodian BitGo acquires digital securities startup Harbor
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