• Sun. Dec 22nd, 2024

DòtunRoy.com

We Break the News

CoinCola Launches its Bitcoin Exchange Platform In #Nigeria

Hong-Kong based cryptocurrency marketplace, CoinCola, has extended its cryptocurrency exchange services to Nigeria, offering a fast and secure trading service to users.

Cryptocurrency and blockchain technology are growing rapidly in the world and many people are starting to key into it. Startups are raising funds through Initial Coin Offerings (ICOs) and companies are beginning to accept cryptocurrencies for good and services. Even in Nigeria, despite appropriate legislation not put in place, cryptocurrency trading is gaining ground.

But there seems to be slow adoption of this technology on the African continent. Hence, CoinCola’s aim to provide trustworthy trading and exchange services to all its users all around the world, with Africa being a key place of interest.

“We believe that Blockchain technology will be essential to providing secure banking and payment services in the future and also that cryptocurrency will greatly improve the convenience of daily transactions and help to create a world that is financially borderless. Hence, our mission is to connect everyone to this new digital asset economy.” CoinCola.

An over-the-counter (OTC) cryptocurrency marketplace and exchange platform, CoinCola offers users secure trading services at competitive fees and exchange rates.

CoinCola Launches its P2P Bitcoin Exchange Platform In Nigeria
Users can buy bitcoins with giftcards

Using its app based platform, users can buy and sell cryptocurrencies with their local currencies via the CoinCola OTC marketplace. These includes Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Dash (DASH), Tether (USDT) and Ripple (XRP). This purchase or sale, is done on a person-to-person (P2P) basis.

Users can also post adverts for free and are only charged a trading fee of 0.7% of the traded amount once the transaction has been completed. This is fair price when compared to other competitors like Paxful that charges 1%.

CoinCola also offers an exchange market. The platform allows users to exchange Bitcoin (BTC) and Tether (USDT) through crypto-to-crypto trading pairs, to Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC).

View image on Twitter

For this, a trading fee of 0.2% of the exchanged sum is charged. However, there is a fixed withdrawal fee.

A new feauture which allows users buy Bitcoin with gift cards has also been added. So users in Nigeria, Ghana and everywhere else in Africa can use the various gift cards to buy Bitcoin.

By News Editor

Our News Editor, Muyiwa is an information management expert and Development Blogger with more than a decade experience in investigative reporting and journalism. He is passionate about human angle stories to all social issues in Nigeria and Africa.

12 thoughts on “CoinCola Launches its Bitcoin Exchange Platform In #Nigeria”
  1. Today, while I was at work, my cousin stole my iPad and
    tested to see if it can survive a 40 foot drop, just so she can be a youtube
    sensation. My iPad is now broken and she
    has 83 views. I know this is totally off topic but I had
    to share it with someone!

  2. You actually make it seem really easy along with your presentation but I in finding this
    topic to be actually something which I think I would by no means understand.
    It sort of feels too complex and very vast for me.
    I am looking ahead on your next publish, I’ll attempt to get the hold of it!

  3. When some one searches for his essential thing, therefore he/she wants
    to be available that in detail, thus that thing is maintained over here.
    plenty of fish natalielise

  4. Today, I went to the beach with my kids. I found a sea shell and gave it to my 4
    year old daughter and said “You can hear the ocean if you put this to your ear.” She put the shell
    to her ear and screamed. There was a hermit crab inside and it pinched her ear.
    She never wants to go back! LoL I know this is completely off topic but I
    had to tell someone!

Leave a Reply

Your email address will not be published. Required fields are marked *

4 × one =