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Coindirect Blog

Making it easy to buy, sell & convert 30+ of the world’s most popular cryptocurrencies.

Cryptocurrency exchanges in South Africa: Luno vs Coindirect

luno vs coindirect

Is Luno really “The easiest way to buy Bitcoin and Ethereum”? With cryptocurrency and blockchain technology revolutionising the efficiency and convenience of transacting, many emerging markets have started developing advanced DApps (decentralised applications) to offer customers the best experience – and we don’t just mean Luno. Coindirect is proliferating the emerging markets, as well as […]

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Explained: What is Blockchain Technology & How does it Work?

Blockchain

Blockchain technology is connecting the world to cryptocurrency; and now, it’s enhancing the way in which economies function. Double-spending has, for long, been an issue in the digital cash system. This is simply because it would cause the same single digital coin to be spent more than once, due to a duplication or falsification of […]

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Coin Profile: Cardano (ADA)

A decentralized, open blockchain and cryptocurrency project. Coin Market Cap Rank:  10 Current Market Cap: $1,788,254,769 Website: https://www.cardano.org   If there is an alternative cryptocurrency (altcoin) more interesting than Ethereum, it’s Cardano – otherwise known as ‘ADA’ on the coin market cap. Respectively, Cardano ADA was founded by Ethereum co-founder, Charles Hoskinson; along with Jeremy […]

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France’s Paris Saint-Germain Launches a Cryptocurrency to Reward Fans

paris saint germain

Cryptocurrency in France is now disrupting the sports industry. Though, this comes to no surprise considering that sports fans are a big demographic similar to the world’s cryptocurrency demographic. So, what better way other than to use blockchain technology to reward soccer fans for their loyalty? A French Ligue 1 football club, Paris-Saint Germain (PSG) […]

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How to use the Coindirect Exchange to trade cryptocurrency

Coindirect cryptocurrency exchange

Coindirect recently completed its 3 pronged product line with the launch of its advanced exchange. There are now 3 ways to buy cryptocurrency on Coindirect, depending on which country you are in. In this guide, we will first share all the 3 ways in which customers can buy cryptocurrency on Coindirect and later, explain how […]

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US Dollar Welcomes 2 New Cryptocurrencies alongside Tether (USDT)

gusd pax

The benefits of stablecoins are in its name – they’re simply ‘stable’. That is, they hold a consistent value no matter what happens to the wider cryptocurrency market. Though, there has been much distress regarding Tether USDT – pegged to the US Dollar (USD) – as a “ticking time bomb”. According to many, if the […]

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Coin Profile: Tether (USDT)

tether usdt

Fiat currencies on the Bitcoin blockchain Coin Market Cap Rank: 8 Current Market Cap: $2,759,243,451 Website: https://tether.to   Many cryptocurrencies refer to themselves as the gold of cryptocurrency or as backed by fiat currencies. These cryptocurrencies are known as ‘stablecoins’. Stablecoins cryptocurrencies that are tethered to stable assets such as fiat currencies or gold. Many […]

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What is Cryptocurrency? The Practical Use Cases of Cryptocurrency

what is cryptocurrency

Cryptocurrency is a global phenomenon known to most people, yet very much still intricately unfamiliar. More and more cryptocurrencies are entering the coin market cap along with consistent cryptocurrency projects being added to the blockchain ecosystem. The main question is why? Do digital currency simply act as a secure medium for cryptocurrency exchange? Or is […]

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Can Cryptocurrency Scale South Africa’s 2018 Economic Recession?

south africa recession

A technical recession has not struck South Africa since 2009; and now, the South African Rand (ZAR) has taken a slump back into an economic crisis. Could cryptocurrency help revive Africa’s most developed economy? According to Statistics South Africa (StatsSA), the country’s economic recession is the cause of a 2.6% decline the first quarter (Q1) […]

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unblock Reviews Coindirect’s Decentralised Crypto Exchange

unblock cryptocurrency review

‘unblock’ – an “unbiased resource to help new comers to the space learn about the pros and cons of cryptocurrencies, blockchains, and the crypto community at large” – does a complete surprise-review about Coindirect, our features, how to create an account, the safety of the platform and more. According to Steve Walters, a reviewer at […]

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