Exchanges

Digital assets exchange KoinKoin announces global expansion as revenues reach $40m

KoinKoin, the leading Africa-focused digital assets exchange, has announced major expansion plans as the company’s annual revenues exceed $40m in OTC transactions.

The company, founded by London-based entrepreneur Ola Atose, previously of Natwest and Deutsche Bank, makes it easier for customers to buy, sell and transfer digital assets across Africa, Southeast Asia, and Western Europe. As part of its expansion plans, KoinKoin will seek to double the headcount of its 15 full time staff members across the company’s offices in Nigeria and Ghana and bolster its C-suite team which is operating out of London. Additionally, the company announced plans to make new growth hires in its key operating countries of Nigeria, Ghana, Kenya, South Africa and Antigua and Barbuda.

KoinKoin’s development team is finalising a radical and exciting new app for its customers, which will challenge Blockchain.com and Coinbase with superior customer focused features, providing unparalleled value and access to world class crypto assets The move will form part of KoinKoin’s wider strategy to begin competing in the retail space and making a bigger impact for retail consumer needs

KoinKoin’s unique platform enables users to trade globally the biggest crypto assets 24/7, 365 days of the year. Its deposit system allows customers to quickly begin buying and selling crypto, with APIs providing market data and real time information around the best prices.

Ola Atose, founder, KoinKoin, said:

“We set out to build a highly secure platform, with the aim of becoming the go-to exchange for all cryptocurrency requirements not just in Africa, but for all businesses and individuals with an active interest in Africa from around the globe. In the last year we’ve seen a huge rise in demand with OTC transactions surging as customers seek to access the best liquidity from over 100 exchanges globally.

With the demand for cryptocurrencies and blockchain technology surging, we are committed to growing our global footprint, developing, and launching new services, while bolstering our sales and customer service team with the launch of a radical and exciting new app in the coming weeks.”

Angela Scott-Briggs

Editor, TechBullion.com | Interested in Innovations in Business, Finance, and Technology .

Share
Published by
Angela Scott-Briggs

Recent Posts

Here is everything you need to know about cognitive behavioural therapy and CBT worksheets!

Cognitive-behavioral therapy, aka CBT, is a renowned psychological therapy used across the globe. It is…

2 hours ago

5 Reasons Why Physicians Need Disability Insurance

As a physician, you may be wondering if you really need disability insurance. After all,…

4 hours ago

Taxi Rental in Goa

Traveling to Goa by air? Wondering how to get around once you're there? In this…

5 hours ago

A guide on how to download TikTok videos for free

So, you've heard about the new kid on the block - TikTok. It's taken over…

6 hours ago

Everything You Need to Know About the Node JS Development Company

Node js is a development company that provides custom development and involvement in the whole…

10 hours ago

7 Reasons to Use Promotional Giveaways to Grow Your Brand

Since every brand wants to grow their customer base, it’s no surprise that promotional giveaways…

10 hours ago