Announcement Company News

CoinCola to partner with Dash in Venezuela launch

October 11, 2018

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CoinCola to partner with Dash in Venezuela launch

CoinCola is going international, starting with Venezuela! Our website and app (Android and iOS) are now available in both Spanish and English. Buying and selling through the CoinCola OTC marketplace remains completely free. Traders are only charged a transaction fee when creating OTC advertisements and completing a trade.

To celebrate our international launch, CoinCola is offering all international users*, a discounted transaction fee of 0.5% when advertising and completing OTC trades.

CoinCola is also excited to announce a new strategic partnership with Dash as part of our international launch. As part of the partnership, we’ll be adding the dash coin to our OTC trading platform. We’ll also be offering a 0% transaction fee on all dash OTC trades, for a limited time only. This will enable users to trade and purchase the cryptocurrency at no additional cost.

Promotional offers for Venezuelan users:

  • 0% transaction fee when buying and selling on the CoinCola OTC platform (without posting a trade advertisement).
  • 0.5% transaction fee when posting advertisements and completing trades on the CoinCola OTC Marketplace for Bitcoin (BTC), ethereum (ETH), litecoin (LTC), tether (USDT) and bitcoin cash (BCH). Offer ends on 31st December 2018. Normal fee: 0.7%.
  • 0% transaction fee when posting advertisements and completing trades on the CoinCola OTC platform for the dash (DASH). Offer ends on 31st October 2018. Normal fee: 0.7%.
  • 50% commission reward through the CoinCola refer a friend program. Additional rewards are available through the CoinCola affiliate partnership program.

On the new listing and partnership with Dash, CoinCola Founder and CEO Allan Zhang, said “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 China. With our partnership with Dash, we will be truly global. We decided to partner with Dash because it is the one most efficient digital currencies for payments, offers low fees, and provides ‘InstantSend’ technology. Dash represents a strong presence in Venezuela, Latin America, and the rest of the world. We are very selective in with which coins we list to our platform and we are proud to now offer Dash to Venezuelan users.”

See also: CoinCola: Yes! We’re launching in Venezuela. Why?

Dash is a payments-focused cryptocurrency that, as of September 2018, holds a market cap of over $1.5 billion. Dash already has a significant presence in Venezuela with over 1,450 merchants accepting the cryptocurrency, including brand names such as Subway and Calvin Klein. The Dash organization also provide startup capital and support for entrepreneurs with the Dash Treasury DAO, a pool of mining rewards that allows people to submit proposals and vote on which ideas get funding. The August 2018 payout alone is expected to give around $920,273 worth of dash, including grants for programs in Venezuela.

*International users include all CoinCola traders excluding China. Click here for the latest promotions and announcements for users in China.

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