CoinCola, a Hong Kong-based crypto exchange offering clients peer-to-peer OTC bitcoin trading, has opened shop in Venezuela.
The team has also partnered with Dash to foster broader adoption of digital assets in Venezuela.
With the CoinCola-Dash alliance, the former will now list Dash on its platform and also offer traders zero trading charges on all Dash transactions from now till October 31, 2018.
The founder and CEO of CoinCola, Allan Zhang expressed excitement over the deal. He noted that:
“CoinCola is averaging 100,000 transactions every month on our platform. We are the second largest public OTC platform in the world by transaction volume, and at this time 95 percent of total transactions are from Asia. With our partnership with Dash, we will be truly global.”
Dash cryptocurrency has been adopted in Venezuela by more than 1,450 merchants including retail stores, restaurants, and others.
It’s worth noting that Dash’s decentralized investment fund, Dash Treasury DAO, has given out more than $33 million worth of Dash altcoin since 2015.
CoinCola offers Venezuelans a safe, secure and cost-efficient way to trade digital assets, helping citizens of the nation circumvent hyperinflation.
CoinCola aims to make cryptos easily accessible to Venezuelans.
Based in Hong Kong, CoinCola offers clients OTC crypto trading and crypto-to-crypto pair trading on its platform.
The system is user-friendly and charges minimal fees. Cryptocurrency traders from across the globe can use their local fiat money to buy and sell established cryptos like Dash, bitcoin, Ether, litecoin and even bitcoin cash.
Trading is carried out on a peer-to-peer format, and the platform utilizes online escrow services in completing transactions.
Bitcoin and the Tether stablecoins are the official base currencies on CoinCola. The platform has a mobile app that makes it easy for users to trade cryptos on the go.
Dash is currently the 13th largest cryptocurrency in the world. The privacy-centric coin was launched in 2014 and has grown into a formidable force in the blockchain world.
Dash is accepted by more than 3,000 merchants globally, with Venezuela alone having an impressive 1,450 Dash users.
Dash offers users instant payments execution with minimal fees.
For more, visit www.coincola.com
Email: [email protected]
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