CoinCola began working with Dash to launch its services in Venezuela.
CoinCola, a P2P OTC platform for buying and selling cryptocurrencies using local fiat currency, plans to use the Dash network to expand access to virtual currencies.
CoinCola founder Allan Zha, stated that:
“CoinCola is averaging 100,000 transactions every month on our platform. We are the second largest public OTC platform in the world by transaction volume, and at this time 95% of total transactions are from Asia. With our partnership with Dash, we will be truly global.”
CoinCola has chosen Venezuela as its first new market. The company seeks to increase the flow and availability of digital currencies in a Latin American country. As part of the partnership, CoinCola lists a Dash coin to its OTC platform and offers a 0% commission for all operations until October 31. Venezuelan traders can earn a 50% commission on transactions completed through the CoinCola Referral Program.
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