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Showing posts from March, 2018

Service Announcement - Easter Bank Holiday Weekend 2018

Service Announcement
Easter Bank Holiday Weekend (UK)

Please be aware of the upcoming UK bank holiday(s): Friday 30th March 2018 Monday 2nd April 2018
During this time, the following services will be limited/unavailable: Customer support will be limited and responses may take longer than usual. Bank deposits/withdrawals will be unavailable and processed the next working day. Any accounts awaiting verification will be reviewed and processed at the earliest convenience.
Happy Easter! The CoinCorner Team

CoinCorner Welcomes Joanne Goldy

CoinCorner Welcomes Joanne Goldy

Douglas, Tuesday 27th March 2018

CoinCorner is pleased to announce the appointment of Joanne Goldy as marketing specialist to help the business continue its global expansion.

After graduating from the University of Chester and completing a year abroad in the United States as an Ella Olesen Scholar in 2014, Joanne returned to the Island and began a career in marketing.

With marketing experience in hospitality and law, two prominent sectors on the Island, Joanne brings valuable knowledge and marketing skills to the CoinCorner team. She has also gained the Certificate in Professional Marketing (awarded by the Chartered Institute of Marketing) and is currently studying for the Diploma in Professional Marketing.

CoinCorner provides an online platform where individuals can buy, sell, send, receive and store the digital currency, Bitcoin. The company operates from the Isle of Man and serves customers worldwide.  

Molly Spiers, marketing manager at CoinCorner, sai…

CoinCorner to Hold Student Open Evening

CoinCorner to Hold Student Open Evening
Douglas, Tuesday 20th March 2018

Local bitcoin business, CoinCorner, is holding an open evening for students at its offices in Douglas next month.

Open to final year students at UCM and those studying off-island at university, the event aims to give upcoming graduates an opportunity to speak with staff from CoinCorner and gain an insight into what it's like to work in the fast-paced cryptocurrency industry.

Leading the way for the Island's cryptocurrency sector, CoinCorner provides a platform where individuals can buy, sell, send, receive and store bitcoin. The successful startup recently moved to new premises in the centre of the Island's financial district and is expanding its team to offer competitive opportunities for young people entering the Island’s workforce. The business, which has customers all around the world, is helping to develop positions in sought-after professions such as software development, marketing, compliance and …

Segwit and Tx Batching

Hooray! Lower fees CoinCorner are thrilled to announce that we have integrated both transaction batching and Segwit functionality into our platform.

What is transaction batching? Transaction batching is the procedure of grouping together our pending bitcoin withdrawals and pushing them into just one transaction before sending them out to the bitcoin network.
In addition to helping lower fees for our customers, this change also supports the overall bitcoin network by reducing the amount of individual transactions sent out by CoinCorner (helping avoid network congestion).
What is Segwit? Segwit (short for Segregated Witness) is an upgrade to the bitcoin protocol that changes the way in which data inside a transaction is stored. The Segwit upgrade removes the signature data out of the transaction hash and stores it in a separate ‘transaction witness’.
By restructuring the way data is stored in a transaction, Segwit essentially allows for smaller sized transactions which means more transactions …