Receive all Bitcoinist news in Telegram! The ambitious project will help Coinffeine, the company that helps users be able to buy and sell Bitcoins securely and anonymously without having to rely on a coinffeine bitcoin news exchange, reach to new regions and customers.
The Bitcoin exchange works by using Bitcoin’s own features to enable a secure way of exchanging Bitcoins with an untrusted peer without the need for a centralized trusted third party. Backed by a talented group of software developers whose broad interests in technology, distributed systems and economy, Coinffeine is able to deliver the best in industry exchange services. Located in Spain where it worked together in projects in the big data field, the company believes that it is important for Bitcoin to reach every nook and corner. For any Bitcoin exchange it is important to offer user-friendly transactional experience, Coinffeine understands it well and offers a user experience similar to traditional exchanges. Not having to identify users or enforce KYC laws has allowed us to design a much more scalable exchange model. But what is even more interesting, is the user experience we offer. Alberto Gómez Toribio, CEO of the company.
Coinffeine is a desktop software they need to download and install on the computer. The exchange allows the users hold Bitcoin in their desktop wallet and they deposit fiat into their Okpay account, which means Coinffeine never handles its customers’ funds. What do you think about Coinffeine? Let us know in the comments below!
Disclaimer: The author of the story is not associated with Coinffeine nor has he any vested interest in the firm. Russian citizens will have to compute their own tax obligations from cryptocurrency trading, the head of the country’s tax office said on June 6. Excess Income’ In a document originally compiled last month, Alexey Sazanov, director of the Russian Ministry of Finance’s tax and customs policy department, said that cryptocurrency transactions cannot fall within standard tax practices. The cryptocurrency craze continues to sweep the world.
While large corporations and other institutional investors seek to make millions off the buying and selling of virtual currencies, it is the small, individual investor who is seeing their life altered for the better through cryptocurrency. Receive all Bitcoinist news in Telegram! In the world of Bitcoin and digital currency, there seems to be a growing demand for peer-to-peer exchanges, rather than sticking with the traditional model of dealing with companies controlling user funds. Up until this point, very few projects have been released to tackle this issue, although the Coinffeine team is doing a good job so far.
But there is a new project on the block which is expected to launch in beta soon, called Bitsquare. The official beta version of this platform is scheduled for launch over the coming months, and version 0. Bitcoin or altcoins by avoiding centralized exchanges altogether. This means users will not have to deal with exchanges holding on to customer funds, and bring back the peer-to-peer aspect associated with digital currency.
Such a feature would allow users to pursue their trade at a predetermined value for a certain amount of time, rather than missing out on a good transaction. Users of a 32-bit Windows operating system version will need to use the designated . Although some people might argue there are plenty of exchanges to choose from already, it never hurts to have more peer-to-peer solutions available. Coinffeine are trying to accomplish that same goal, by directly connecting buyers and sellers on their platform, rather than acting as a custodian and hold onto user funds. Will this platform become a success in the next few years?