Coinfloor Exchange Integrates UK Faster Payments

London based crypto-currency exchange Coinfloor announced on Monday via their official blog that they have integrated UK Faster Payments due to consumer demand.

The integration stems from a consumer survey conducted by the company nearly two months ago, which allowed customers to vote on feature they would have most preferred to see added. Choices included a debit card, market maker rebates, margin trading/short selling, and of course, local UK payments. Here’s how they looks on a chart, courtesy of Coinfloor:

Easily, Local UK Payments was of most interest, so Coinfloor went ahead and made it happen. The exchange says that Faster Payments, a deposit method that allows traders to send funds from a UK bank fast and free, is now available.

In addition, Coinfloor added that they are waiving the GBP deposit fee for all traders who deposit into the exchange’s Capital Account.

They write:

Following the customer survey, we made every effort to work with innovative British financial institutions, discussing Bitcoin, client funds protection and the services we wish to provide. It should come with no doubt that our users support, trust and activity on Coinfloor made a significant point in those conversations. With users in mind, we became the first exchange to prove solvency on the block chain. We are also the only exchange to use Bitcoin’s native multisignature functionality to protect client funds, holding 100% of funds offline in cold storage. Now we are proud to be launching Faster Payments deposits. We would like to take this opportunity to thank you, our valued customers, for your support and recognition which has helped make all of this possible.

In order for all of this to work, the exchange has partnered with Capital International Group and Capital Treasury Services of the Isle of Man — said to be one of the newest hot spots for bitcoin economic growth.

And if you were wondering: those other features Coinfloor allowed traders to vote on are a work in progress.

[textmarker color=”C24000″]Source[/textmarker] Coinfloor Blog