CoinCola is a Hong Kong-based Over-the-Counter trading and exchange with fast service delivery. It does not only offer over the counter trading but it also facilitates coin-to-coin pair trading. It is one of the few exchanges that allow users to buy cryptocurrencies using their local fiat currencies and gift cards. It has Bitcoin (BTC) and Tether (USDT) as its base currencies while more crypto assets are added as time goes by. The company uses an escrow account to securely complete transactions so that users’ funds are secure during such transactions.
Now, Buy Bitcoin Using Your Gift Cards At CoinCola, You Will Get $2 For Every $50 Trade!
One of the main services provided by the exchange arm of the platform is to enable buying and selling of cryptocurrencies. This allows users to expand their crypto portfolio by allowing trading of one cryptocurrency for another.
With bitcoin (BTC) and tether (USDT) as base currencies, CoinCola supports crypto-to-crypto trading pairs with Ethereum (ETH), bitcoin cash (BCH) and litecoin (LTC). trading pairs include BTC/USDT, ETH/USDT, BCH/USDT, and LTC/USDT.
In addition to the exchange, CoinCola offers OTC trading services for different cryptocurrencies. Users can buy and sell the following digital assets right now; bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), litecoin (LTC), dash (DASH) ，tether (USDT) and ripple (XRP) using local fiat currency, mainly the Chinese Yuan. Both the exchange and OTC services are made as fast and secure as possible for seamless trading experience.
Apart from the general trades CoinCola also provides Bitcoin purchase services with flexibility in payment methods reaching up to hundreds to suit buyers globally rather than just those in Hong Kong.
These include the new feature of buying bitcoin using Gift Cards, You Can Purchase Bitcoin with iTunes gift card, Amazon gift card, etc. There are also other payment options like PayPal, Cash deposit, National bank transfer and more in various currencies like USD, EUR, British Pound, Nigeria Naira, etc.
Low fees and other perks
Coincola renders its trading and OTC services at the lowest possible cost of only 0.2% of the exchange amount. It also offers free buying and selling of cryptocurrencies from existing advertisements. For withdrawals, there is a fixed fee regardless of the amount being withdrawn. It, however, does not charge any fees for deposit or movement of funds from OTC to trading accounts. Details of the fees can be found here.
The platform also offers a sign-up bonus for new users who are just signing up for the first time. This is to give newbies a taste of what it’s like to use digital assets on the exchange. Also, there is a referral program that rewards users who introduce new members to the platform. This is in the form of 20% of trade amount of the referee’s first trade followed by 15% of their trade amount for the next 5 months. Referred users will, however, have to pass the platform’s KYC test for referrers to earn rewards for their trades.
CoinCola Web and Mobile App
To provide convenience for storing and trading digital assets, CoinCola wallet app allows storing of all supported cryptocurrencies as well as allows trading of gift cards for its Nigerian users. Lots of Nigerians need to sell their gift cards for bitcoin so, therefore, Nigerians can buy bitcoin with their gift cards because the Naira has high volatility. The new update that includes trading of gift cards was just added today. Going forward, the wallet has features that allow for seamless trading of gift cards with a clear interface, automatic rate, 24/7 dispute center that allows users to buy Bitcoin with iTunes Gift Card, Google Play Gift Card, Amazon Gift Card, Steam Gift Card, eBay Gift Cards among many others.
The new upgrade also makes creating offers easier in 3 steps – set type, set price, and set terms. Users can then choose to post fiat offer or post gift card offer and their offers will be live. The mobile wallet app is available for both Android and iOS users to install.
More information on the platform including how to trade digital assets and withdraw/deposit can be found on the company’s website. Also, there is a dedicated support page for any issues users may have concerning their use of the platform.