CoinCola, an OTC cryptocurrency marketplace and exchange, is now available to Nigerians. CoinCola is designed to offer the best cryptocurrency trading experience for users and also offer fast and secure trading services at competitive fees and exchange rates.
Though based in Hong Kong, CoinCola aims to provide trustworthy trading and exchange services to all its users all around the world with Africa being a key place of interest. CoinCola believes 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, its mission is to “connect everyone to this new digital asset economy.
Features of CoinCola
In the OTC Marketplace, the trading platform allows people around the world to use their local FIAT currency to buy and sell Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Dash (DASH) ，Tether (USDT) and Ripple (XRP). This is done on a person-to-person (P2P) basis. Users can post adverts for free and are only charged a trading fee of 0.7% of the traded amount once the transaction has been completed.
In the exchange market, CoinCola offers Bitcoin (BTC) and Tether (USDT) as base currencies and supports crypto-to-crypto trading pairs with Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC). A trading fee of 0.2% is charged for an exchanged amount. However, there is a fixed withdrawal fee.
The new feature which allows users to trade bitcoin with gift card was added recently to fulfill a highly desired request by African users. Users can now buy bitcoin in Nigeria , and everywhere else in Africa. They can buy bitcoin with gift cards , whether it is iTunes gift cards , Amazon gift cards, Google gift cards , Steam gift cards and more.
At Coincola, security is of utmost priority hence there are multiple layers of security including bank-level encryption, cold storage and SSL, ensuring that customers can trade with 100% confidence.
CoinCola provides an intuitive and easy verification process by building trust and transparency in the Blockchain ecosystem and ensuring compliance using KYC/AML regulations.
A mobile app is also available to enable users to transact and trade comfortably while on the move.
