Coindirect has announced an increase to the trading limits for verified South African traders. The new limit, set at R1 million for fixed quote purchases, comes hot on the heels of the launch of its brokerage style platform, announced on 26 September.
Coindirect has gone live with another exciting merchant partnership – online game ToTheMoon. Built by Tronext, a decentralised gaming platform, ToTheMoon is one of many games on the Tronext network that allows players to win and accumulate the Tron (TNX/TRX) cryptocurrency.
Coindirect has launched a brokerage system aimed at traders looking to do large volume cryptocurrency transactions. The “over-the-counter” (OTC) model, introduced this month, is a first in South Africa and sets Coindirect apart from its local competitors in the market.
21 February 2019: Coindirect, the global cryptocurrency platform, has raised €1m in an investment round led by Concentric, with participation from Blockchain.com, and MakerDAO. The end-to-end cryptocurrency platform, founded by Donald Jackson, Jesse Hemson-Struthers, Nicholas Haralambous and Stephen Young, is one of the first of its kind to enable customers to trade cryptocurrencies like Bitcoin and Ethereum […]
CryptoGlobe has analysed Old Mutual’s 2018 Savings and Investment Monitor survey for South Africa. Taken aback that approximately 60% of South Africans are unaware of cryptocurrencies – a wider unnoticed African market catered for by Coindirect – CryptoGlobe features South Africa’s latest crypto development Coindirect: “Another cryptocurrency exchange, Coindirect, also recently launched trading pairs between […]
The adoption of Bitcoin in South Africa is growing; with many locals buying cryptocurrencies using their local fiat currency. In fact, Ethereum World News recognises cryptocurrencies as “thriving in Africa’s second-largest economy.” Along with this, local cryptocurrency exchanges are receiving patronage; and according to Ethereum World News, Coindirect is at the top of the South […]