CoinCorner: Bitcoin-Only Exchange

Description

CoinCorner is one of the UK’s leading bitcoin-only exchanges that enables you to sell and buy bitcoin with credit/debit card, bank transfer and SEPA. When you shop online, the CoinCorner browser extension notifies you if you can earn Bitcoin cashback on your purchases. Launched in 2014, it also supports dollar-cost averaging (DCA) to allow you to auto buy bitcoin regularly. CoinCorner is one of the few exchanges that have integrated the Lightning Network.

How to Register on CoinCorner

Before you can do anything on the exchange, you must first register and verify your account. You can register on CoinCorner website or CoinCorner app for Android or iOS devices. Your current residential address, mobile number, ID, and source of funds are all required for KYC. To complete your account verification you may also be required to upload a selfie. If your identity document and address information passes automatic checks, you will be able to access your account immediately.

CoinCorner Features and Benefits

• Buying and selling bitcoin instantly via the Lightning Network
• Variety of payment methods: debit card and credit card for transfers in EUR and GBP, SEPA, or bank transfer
• Bolt Card, a contactless Lightning payment card
• Option to auto-buy Bitcoin (dollar-cost averaging)
• CoinCorner Checkout for businesses to accept bitcoin payments
• You can buy gift cards with bitcoin from Bitrefill, directly from your CoinCorner account
• Recurring Lightning payments allows you to pay for bills, subscription services, or send regular payments to family and friends

Buy Bitcoin Automatically

Setting up a DCA investment strategy is possible using the Bitcoin Auto Buy service from the CoinCorner platform. Just sign up for a free account, set your order amount to as little as 10 GBP, and choose how often you want to buy bitcoin. Auto buying bitcoin in little amounts regularly will help you save money in the long run and lessen the impact of short-term price changes.

CoinCorner’s automatic purchase service allows you to fund the account with a GBP bank transfer, which will be used to automatically purchase bitcoin once received in your account. A standing order in a bank account can also help eliminate all the processes of buying bitcoin that require personal manual intervention. It is enough to create a standing order using the bank details of the exchange and add a certificate of automatic purchase.

How to withdraw funds from CoinCorner

Users can withdraw funds from their accounts using bank withdrawal in GBP, bank withdrawal in EUR and bitcoin withdrawal to your own bitcoin wallet.

Deposits and Fees

The minimum deposit on CoinCorner exchange depends on the method of depositing your account:

Minimum deposits in bitcoin have no restrictions. There are also no restrictions on the maximum deposit amount for all currencies and deposit methods.

Find the full list of CoinCorner fees and limits here.

The Bolt Card

The Bolt card from CoinCorner is a physical NFC card that can be used to pay via bitcoin’s Lightning Network at any physical merchant or any online merchant accepting bitcoin lightning payments via a tap on your phone. You can also use the card to create tappable NFC-enabled bitcoin vouchers or gift cards that anybody can redeem with a lightning wallet on the phone.