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CoinCola (P2P) Person-to-Person Bitcoin platform Lands in Nigeria

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Blockchain Technology is rapidly growing in different continents and many more people beginning to see the importance and relevance of cryptocurrency and blockchain technology in their different fields of life. Nations and companies are gradually adopting cryptocurrency in exchange for goods and services instead of fiat. However, the African continent seems to be lagging behind in the adoption of this upcoming technology resulting from the lack of political will to accept the risk of innovation (in Blockchain technology and cryptocurrency). This can further be perceived in the reluctance to adopt the use of cryptocurrency in day-to-day transactions.

About Coincola going into Africa

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, our mission is to “connect everyone to this new digital asset economy.

Features on CoinCola

Coincola is an OTC cryptocurrency marketplace and exchange designed to offer the best cryptocurrency trading experience for users and also offer fast and secure trading services at competitive fees and exchange rates.

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 (https://bit.ly/2Hy5PBO), Guana and everywhere else in Africa. They can buy bitcoin with gift cards (https://bit.ly/2YHdFPh), whether it isiTunes gift cards (https://bit.ly/2VYcn5H)Amazon gift cards (https://bit.ly/30GFzNk)Google gift cards (https://bit.ly/2JY0FAx), 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 available to enable users to transact and trade comfortably while on the move.

Why use CoinCola instead of Paxful?

Compared to Paxful trading fee which is 5% for every traded amount, CoinCola charges a fee of 0.7%, now, a lot is saved. Trading of your cryptocurrencies can be done via our mobile app or web version however Paxful only has its web version.

CoinCola supports BTC, ETH, LTC, BCH, XRP, USDT, and Dash but Paxful supports only BTC.

Security and users’ satisfaction are our priorities, therefore CoinCola provides a 24/7 full support and inquiry on their platform as well as on their Telegram channel.

Conclusion

We are going into an era where fiat will be one of the least currencies used. Blockchain technology and Cryptocurrency is gradually sipping into different sectors. At CoinCola, our customers are valuable to us, so whether you’re a knowledgeable cryptocurrency investor or a newbie, our platform makes crypto exchange very for you with few clicks and a dedicated support team to guide you whenever you need any form of assistance.

Distributed by APO Group on behalf of CoinCola.

Media Contact
Name: Petra Thach
Email: Petra.thach@coincola.com

CoinCola website: www.CoinCola.com
CoinCola Android APP: https://play.google.com/store/apps/details?id=com.newgo.coincola
CoinCola iOS APP: https://www.coincola.com/app/download 
CoinCola BTC bonus for new users: https://www.coincola.com/new-user-coupons
CoinCola affiliate: https://www.coincola.com/affiliate
Telegram: https://t.me/coincolainternational
Facebook: https://www.facebook.com/CoinCola/
Twitter: https://twitter.com/CoinCola_Global

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24 Hours Across Africa

Elizabeth Warren, targets prospective plan to stop ‘looting’ of U.S. companies

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U.S. Democratic presidential hopeful Elizabeth Warren on Thursday called for an overhaul of the private-equity industry as part of a new proposal targeting Wall Street.

“We need to shut down the Wall Street giveaways and rein in the financial industry so it stops sucking money out of the rest of the economy,” Warren said in a post on Medium.com announcing her proposal.

Warren and a group of Democrats also filed legislation on Thursday to implement the policy that the Massachusetts senator proposed through her campaign.

Warren, a relentless critic of the financial industry for much of her career, is one of more than two dozen candidates vying for the Democratic nomination to challenge Republican President Donald Trump in the November 2020 election.

She has distinguished herself in the crowded field by releasing reams of policy proposals.

The legislation, titled the Stop Wall Street Looting Act was filed in both the U.S. House of Representatives and Senate.

Senator Kirsten Gillibrand, who also is running for president, is a co-sponsor with Warren but no Republicans joined in sponsoring the bill.

The proposal was greeted with opposition from industry and business groups, who would undoubtedly fight efforts to enact the legislation.

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24 Hours Across Africa

EU to probe Amazon over use of merchant data

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Amazon became the target of an antitrust investigation by the European Union on Wednesday over its use of merchants’ data, underlining the increasing regulatory scrutiny about how tech companies exploit customers’ information.

The European Commission has been seeking feedback from retailers and manufacturers since September into Amazon’s dual role as a marketplace for merchants and acting as a competitor following complaints from traders about Amazon’s practices.

The Commission said its investigation would focus on Amazon’s standard agreements with marketplace sellers and its use of data in choosing winners of the “buy box”, which allows consumers to add items from a specific retailer directly to their shopping carts.

European Competition Commissioner Margrethe Vestager, who can fine companies up to 10% of their global turnover, said the issue was crucial as more and more Europeans shop online.

“E-commerce has boosted retail competition and brought more choice and better prices. We need to ensure that large online platforms don’t eliminate these benefits through anti-competitive behavior,” she said.

Amazon said it would cooperate fully with the EU investigation. The company reached a deal with Germany’s antitrust authority on Wednesday to overhaul its terms of service for third-party merchants.

Under its terms of service for Europe here set out on its website, merchants grant Amazon “royalty-free” rights to use in a range of ways their materials, such as technology, trademarks, content and product information.

“There have been concerns around the world that competition authorities have failed to appreciate the market power that comes from ownership of data,” he said.

In Amazon’s case, he said the Commission needed to show “the standard agreements with retailers were anti-competitive in somehow allowing Amazon to use the data to manipulate market outcomes, or that Amazon had in some way abused its dominance.”

The Commission had been struggling to define the market in which Amazon operates in order to identify where the competitive harm could have been, sources said.

This would not be Amazon’s first run-in with the Commission. Two years ago, it was told to pay back taxes of about 250 million euros ($280 million) to Luxembourg because of illegal tax benefits. That same year it settled with the regulator over its distribution deals with e-book publishers in Europe.

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