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2015-03-24

LazyCoins: LazyCoins - Discover the new way to trade Bitcoins in the UK

(--Pressat--) Following successful beta stability and third party test reports
LazyCoins, a London based startup, has formally launched its new Bitcoin and
crypto currency exchange. With nearly 10,000 registered users taking
advantage of 0% fees, the platform has already seen a 26% rise in verified
users in its early alpha phase since the announcement was made on social
media earlier in the month.

Traders have been testing the water on what promises to be an interesting
platform for the bitcoin industry. In order to attract customers, LazyCoins
has positioned itself as the secure and easy place to trade digital
currencies. 100% of user funds are secured with multi-signature keys in
offline cold storage, which means the site is not vulnerable to the attacks
that have damaged other Bitcoin businesses. This may explain why security
seems to always be the first word on their lips.

"We've been blown away by the positive response from the community toward our
platform, brand and company ethos," says Danial Daychopan, CEO and founder of
LazyCoins. "We have built a secure platform people can trust, but we also
want a company that our customers believe in. So we're always listening to
the community."

In a further boost to its credibility, the company has secured its Money
Business License (MSB) from Her Majesty's Revenue and Customs (HMRC). Now a
fully licensed bureau de change for GBP and Euro markets, LazyCoins users can
now enjoy faster payments and same day deposits. Their European customers,
the Brits in particular, are likely to find this interesting as it makes it
easier for them to buy, trade and spend their bitcoins in the UK.

"Compliance with regulations that aren't designed for digital currencies is a
challenge for Bitcoin businesses." says Peter Heigho, Managing Director of
LazyCoins. "This is the correct expression if we were just a platform to sell
digital currencies, we are not; we are a trading platform between fiat
currencies and digital as well as a merchant payment platform, as such, we
are correctly described as a Bureau De Change as well as a Currency
Exchange."

The British government's recent announcement to regulate Bitcoin exchanges was
welcomed by LazyCoins, who are already taking necessary steps to stay ahead
and self regulate.

"In the coming months, we're also launching LazyPay, an application that makes
it easy for merchants to accept payments in Bitcoin, while dramatically
reducing their cost of doing business. With a number of London merchants
already signed up, we're going on a mission to spread the word and make
bitcoin part of everyday life," Danial added.

To find out more, visit LazyCoins.com or @Lazycoins

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: LazyCoins via Globenewswire

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