New crypto exchange focuses on emerging markets

Cryptocurrency ownership is expected to double in Europe and the US with the ING International survey revealing that 25% of 14, 825 study participants plan to invest in cryptocurrencies, and 35% believe bitcoin is the future of online spending. Closer to home, a recent survey shows 48% of surveyed South Africans plan to invest in an aspect of cryptocurrency this year. Recognising the demand, South African-based Coindirect has expanded its offering to include an integrated trading exchange for over 40 altcoins.

This advanced exchange has completed Coindirect’s three-prong offering, along with their wallet and local peer-to-peer marketplaces. The free wallet feature is a quick and convenient coin convert option, while the marketplace proffers a 0% fee on buying or selling bitcoin.

Jesse Hemson-Struthers, CEO of Coindirect comments: “We’ve always aimed to simplify user journeys within the cryptocurrency space and this newly launched exchange means our customers are able to go to Coindirect for whatever their cryptocurrency needs may be. The full-service platform offers everything from converting fiat currency to bitcoin to doing daily altcoin trading.”

The newly launched exchange will feature a real-time order book, trade history and advanced charting functionality. It gives users the best possible price by aggregating the optimal price for the same coin off multiple exchanges. A streamlined user experience for desktop and mobile simplifies the process and the exchange also comes with a world-class complete API. 

Further features will be released soon. Stephen Young, CPO of Coindirect says, “We’ve undergone a complete rebrand and the exchange launch is the first of many updates to come. New features will be announced via the newly formed Telegram group, where the community is able to get an inside track on platform updates and company news. Ultimately, we aim to provide a simplified, one-stop destination for buying, selling, sending, receiving, converting and now trading over 40 altcoins.”

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