Wall of Coins is a peer to peer exchange for Bitcoin that advertises security and privacy as their primary features. Their service features zero transaction fees, a web API, and they boast 100% cold storage reserves. While their infrastructure for exchange is an interesting departure from both centralized and P2P exchanges, how practical and convenient is it compared to more sophisticated options like Circle and Mycelium? With a service that operates as uniquely as Wall of Coins, I think it necessary to evaluate where it fall in as a Bitcoin exchange solution.
Let me start by stating that I use Circle and Mycelium as my standard solutions for the purchase and sale of Bitcoin. Both of these services have put a lot of thought into polishing their platforms, so your mileage may vary