Coinfloor exchange begins layoffs

Coinfloor, which is one of the most established crypto money exchanges in the UK and is constantly getting stronger, announced that a large part of its 40-person team will be laid off in its latest press release today. Due to the changes in the prices of Bitcoin and other altcoins and the change in the interest in cryptocurrencies in the country, it was announced that the stock market could not earn well enough and it was decided to dismiss a large part of the team of 40 people in order to prevent possible losses due to the effects of the changes in the crypto money market.

Never wanted end

While Coinfloor had to take this step that would never be wanted, why the crypto money exchange, which has a daily trading volume of 1 million dollars, has a small team of 40 people in such a short time. It is a matter of surprise and curiosity that he decided to downsize. While new cryptocurrency exchanges are opening in the country on cryptocurrency exchanges, many more people do not own cryptocurrencies in the UK yet, and it is expected to reach more people with cryptocurrencies in the next few years.