Coinfloor expands to dollars, euros and zloty
Coinfloor has revealed plans to launch a bitcoin exchange traded fund (ETF) and accept additional fiat currencies as part of its efforts to expand internationally.
Starting immediately, the UK-based bitcoin exchange is allowing customers to make deposits in US dollars, euros and Polish zloty, in addition to the British pound.
“By expanding to dollars, euros and zloty, we are expanding from a UK-only focus to an international one, delivering more value to our UK customers and growing our user base internationally.”
Amadeo Pellicce, CoinFloor’s chief operating officer, explained that the additional currencies were a logical choice for the exchange.
“The XBT/USD pair is the most commonly traded pair, so our existing customers naturally have the demand to access the additional liquidity in that market, and we are expanding to euros to better service our European customers by supporting SEPA transfers,” he said.
“We are entering the Polish bitcoin market since it is growing at a rapid pace and the community is very active. Poland also has strong ties to the UK, so we believe that having both markets will naturally bring opportunities down the road.”
Source: coindesk- Coinfloor expands to dollars, euros and zloty
