If you are interested in buying bitcoin and other cryptocurrencies, you now have the opportunity to purchase them on cryptocurrency marketplace Coindirect.com-which has just opened shop in Nigeria, South Africa and Kenya.
Coindirect.com supports one of the widest ranges of local-to-cryptocurrency transactions available, with 25 different digital coins currently in its marketplace and supports local currency purchases in the UK, South Africa, Nigeria and Kenya.
According to Coindirect.com Director, Basil Bielich, “By simplifying and demystifying the process of purchasing cryptocurrencies, we hope to accelerate their adoption across the globe.”
Coindirect.com offers traders a secure environment with instant transfers and full wallet support, allowing users to buy and sell multiple currencies using a single account. Not only can customers buy altcoins with their local currency, they are also able to exchange between currencies. As such, the company is seeing a high daily trading volume through users converting between bitcoin and altcoins.
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Kenya is planning to impose new laws to govern cryptocurrency trading, motivated by concerns that the unregulated nature of digital currencies could potentially facilitate money laundering and create avenues for terrorism financing. A working group is currently formulating a policy document that will lay the groundwork for the legal framework…