Friday, June 5 2020
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Launched in 2017, Coinroom is a Polish cryptocurrency exchange where a user can trade in a large number of digital currencies like Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), DASH, Monero (XMR), BitConnect (BCC), ZCoin (XZC) and PIVX. The exchange provides two types of accounts – verified and unverified. The verified account requires more detailed personal information and a copy of government ID. The exchange does not offer leveraged trading. The exchange offers the option to pay bills through its platform. The exchange also provides an option to pay in the Zabka Fresh market convenience store chain in Poland and make donations through the Polish post office. To ensure the security, the exchange keeps 100% of its customer’s funds in encrypted cold storage. Likewise, the hot wallet is secured by the exchange’s own funds, and an encrypted backup on all records is made on a regular basis. All the transactions are verified with an SMS and two-factor authentication. The trading platform is simple with an easy to use interface. The exchange works with several of the most popular digital currencies and many ‘real currencies.’ Deposits in fiat currencies are accepted through online payment platform like Dotpay, Tpay, Softort and through bank transfer. Withdrawals can be made through options mentioned above, ZPay platform and internal transfer in exchange accounts.
Polish Crypto Exchange Coinroom Reportedly Shut Down Operations; Investors Lose Money
June 5, 2019
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