Coinfloor Set To Delist Ethereum, Focus on Bitcoin

Coinfloor Set To Delist Ethereum, Focus on Bitcoin

Crypto exchange Coinfloor has announced plans to de-list ethereum and focus solely on bitcoin trading.

According to an official blog post published December 17th, the exchange aims to offer only bitcoin services beginning from first quarter of 2020.

The statement reads,

We are excited to announce that Coinfloor will focus on providing Bitcoin only services from the 3rd of January 2020, on the 11th anniversary of Bitcoin’s launch. The decision will allow Coinfloor to provide a richer set of services for the world’s leading cryptocurrency while maintaining focus on simplicity.

The platform is also de-listing bitcoin cash. The  crypto exchange went on to reveal the uncertainty involved in hard forks as a reason to shift focus to a single currency.

Obi Nwosu, Founder and CEO of Coinfloor, said:

Since I first came across Bitcoin in 2011, I have seen it grow to become a mature proven currency. No other cryptocurrency currently comes close to Bitcoin’s track record, industry support, or brand recognition, so focusing on Bitcoin made perfect sense.

Announcing it on Twitter he wrote: “Finally happy can announce that

@Coinfloor will be focusing on #Bitcoin, the world’s leading cryptocurrency, from the 3rd of January which is also it’s 11th Anniversary!”
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