Crypto Basics Cryptocurrency

Best Place to Buy Bitcoin in Peru

March 6, 2019

author:

Best Place to Buy Bitcoin in Peru

Latin America has become one of the biggest players in the global Bitcoin market. In Peru specifically, the growth is happening at breakneck speed, with monthly increases often reaching 50%. However, despite these developments, there are several concerns when it comes to buying cryptocurrency.

Firstly, most marketplaces charge hefty fees for completing trades. Considering the fact that almost 22% of Peru’s population live below the poverty line, eliminating said fees can make a big difference for the country’s residents.

In addition, in order to establish a stable trading environment and, in turn, encourage bitcoin use in Peru, traders need a multidimensional marketplace. Using only one type of cryptocurrency or payment method can be limiting to a population with so many different socio-economic layers.

With these matters in mind, it’s useful to have the option to avoid any hassle or extra costs altogether: CoinCola.

Best Bitcoin Exchange in Peru

CoinCola is a crypto exchange marketplace that provides a rare two-dimensional service: a crypto exchange, and an over-the-counter marketplace that works through interactions between traders. Furthermore, unlike most exchanges that allow Bitcoin alone, CoinCola supports a wide range of cryptocurrencies, including Ethereum, Litecoin, Bitcoin Cash, and more.

Aside from being generally versatile, CoinCola’s service keeps fees to a minimum and focuses more on the peer-to-peer business model. Firstly, even when using ads for trading, the commision fee will never exceed 0.7%. This makes CoinCola one of the cheapest marketplaces in the industry for crypto exchanges. Moreover, all users have the opportunity to earn rewards through a referral program; when a referred trader completes a transaction, you get commission.

CoinCola has available customer service that will help you resolve issues, both simple and complex, at all times. The process of buying and selling is just as simple and is outlined below.

How to Buy Bitcoin in Peru

Step 1: Sign Up and Verify Account

  1. Go to https://www.coincola.com or https://www.coincola.app.
  2. Create an account by clicking “sign up”; verify your phone number.
  3. Log into your CoinCola account.
  4. Click on the “user center” website section. If you are using the app, click “settings” tab in your “me” screen.
  5. Press “authentication” or “real name verified” depending on the version you’re using.
  6. Confirm your identity by uploading photographs and entering in your data.
sign up coicola

Step 2: Buy Bitcoin in Peru

  1. Click on the “OTC” section of CoinCola.
  2. Click  “buy BTC” and choose a seller.

3. Choose the amount you’d like to buy or sell in Bitcoins.

4. Open the trade, contact the seller, and complete payment once you agree on the details.

4. Click “mark as paid”; your coins will get released shortly.

Is it secure to buy Bitcoin on CoinCola?

CoinCola oversees at least 100,000 transactions on a monthly basis whilst prioritizing the security of its users. Specifically, the security team employs bank-level encryption, along with cold storage and SSL, in order to protect your account and keep your transactions private.

In order to ensure that your account is always protected, create secure passwords, tie your account to your email address, and use extra layers of protection. These can include the Google two-factor authentication and even a quality VPN service with military-grade encryption.

How to Buy Bitcoin with Debit Card or Credit Card in Peru

Buying Bitcoins with credit or debit cards has become easier over time in Peru, but not all marketplaces give you this option. With CoinCola, you can decide on the payment method, price, and even purchase minimum when conducting the trade. Furthermore, when deciding to use a credit card, you can be certain that your credentials will be stored securely on the platform.

Final Words

Despite harsh regulations and security concerns in Peru, there is a way to exchange Bitcoins easily and reliably. CoinCola provides a user-friendly, secure service to those who want to partake in cryptocurrency exchanges, both locally and globally. Leave us your comments down below!

About CoinCola

Founded in 2016, CoinCola is a Hong Kong based company offering both over-the-counter cryptocurrency trading and crypto-to-crypto pair trading exchange. CoinCola now serves millions of users from over 150 countries with our fast, secure, and reliable trading services. We support BTC, ETH, BCH, LTC, USDT, DASH, and XRP. Visit www.coincola.com for more information.