KoinKoin launches digital assets exchange App to improve cross-border remittance

By Rosemary Iwuala

Koin Koin, an Africa-focused digital assets exchange, has launched a cryptocurrency exchange app for retail traders to buy and sell digital currencies ultimately using local payment methods.

The app intends to connect an even wider audience across the world with access to cryptocurrencies, to empower efficient cross-border remittance, trading and payments.

KoinKoin Exchange offers instant liquidity in BTC, ETH, BCH, LTC and a few others. The aim of the service is to connect users with direct access to deep liquidity in assets of their choice, and make super fast fiat settlements as necessary.

The app includes built-in security technology to ensure data is kept safe, and all digital assets are stored in a blockchain wallet offering high-grade security. The app maintains safety standards with multi-stage verification, and two-factor authentication security. It also allows each user to earn USDT based digital tokens using its referral program.

Ola Atose, ceo and founder of KoinKoin described the exchange app as a major push into the retail trading space.

“We are pleased to have created an advanced smartphone application which is highly functional and super simplistic for one of the most straightforward user experiences in the digital assets trading app markets,” he said.

Atose added that the development will make digital assets accessible to an even wider audience across the globe, such as in emerging Markets, where cryptocurrency will not just be used as a store of value, but also as a means to empower fast and cost-effective cross border payments.