# Coindirect makes digital currency trading simple, now live in UK, South Africa, Nigeria and Kenya
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2018-01-19
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Buy and sell cryptocurrencies with ease on Coindirect.com
Meta Description: Discover the easiest and fastest way to trade digital currencies with the new Coindirect.com platform. Buy Bitcoin, Ethereum and more in your local currency!
URL: https://financedigest.com/coindirect-makes-digital-currency-trading-simple-now-live-in-uk-south-africa-nigeria-and-kenyahtml

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Coindirect.com, the easiest and fastest way to buy and sell cryptocurrencies online, is pleased to announce the initial launch of its ground-breaking platform for local currency trading. The Coindirect.com cryptocurrency marketplace is designed to make trading in digital currencies simple, and is now live in the United Kingdom, South Africa, Nigeria and Kenya, ahead of a global rollout in early 2018.

Coindirect.com supports one of the widest ranges of local-to-cryptocurrency transactions available, with 25 different digital coins currently in its marketplace.  Now in its initial launch phase, Coindirect.com [supports local](https://www.financedigest.com/xledgers-long-term-local-support-for-bristol-sport-a-successful-partnership.html "Xledger’s long-term local support for Bristol Sport – a successful partnership") currency purchases in the UK, South Africa, Nigeria and Kenya, with more countries to follow early in 2018.

“We’re extremely excited to be offering our customers across the globe the ability to buy popular cryptocurrencies such as Bitcoin and Ethereum in their [local currencies,” says](https://www.financedigest.com/finland-sweden-to-begin-nato-application-in-may-say-local-media-reports.html "Finland, Sweden to begin NATO application in May, say local media reports") Coindirect.com Director, Basil Bielich. “By simplifying and demystifying the process of purchasing cryptocurrencies, we hope to accelerate their [adoption across](https://www.financedigest.com/how-ai-looks-set-to-power-facial-recognition-passport-adoption-across-southeast-asia-post-covid.html "How AI looks set to power facial recognition passport adoption across Southeast Asia post-COVID") the globe.”

Coindirect.com offers traders a [secure environment](https://www.financedigest.com/demand-for-secure-and-safer-home-environment-will-increased-revenue-sales-of-baby-gates-market.html "Demand For Secure And Safer Home Environment Will Increased Revenue Sales Of Baby Gates Market") with instant transfers and full wallet support, allowing users to buy and sell multiple currencies using a single account. Not only can customers buy altcoins with their local currency, they are also able to [exchange between currencies](https://www.financedigest.com/currency-exchange-how-to-find-the-best-rates.html "Currency Exchange: How to Find the Best Rates"). As such, the company is seeing a high daily trading volume through [users converting](https://www.financedigest.com/binance-to-convert-users-usd-coin-into-its-own-stablecoin.html "Binance to convert users’ USD Coin into its own stablecoin") between bitcoin and altcoins. Transactions are instant, with no waiting for approvals, and [prices are locked at the point of sale](https://www.financedigest.com/kraft-heinz-plans-more-price-hikes-as-sales-earnings-beat-estimates.html "Kraft Heinz plans more price hikes as sales, earnings beat estimates").

Coindirect.com’s escrow system takes the complexity out of [buying cryptocurrencies such as Bitcoin](https://www.financedigest.com/cryptoverse-buying-the-dip-bitcoins-a-rates-rookie.html "Cryptoverse: Buying the dip? Bitcoin’s a rates rookie"). There’s no uncertainty when making a trade. All trading fees are built into the [market price:](https://www.financedigest.com/markets-pricing-some-geopolitics-but-risk-premia-can-grow-further-goldman.html "Markets pricing some geopolitics, but risk premia can grow further -Goldman") that means for traders, what you see is what you pay.

**Well regulated**

Importantly, unlike other [cryptocurrency trading](https://www.financedigest.com/why-cryptocurrency-trading-will-surpass-forex-trading-in-2023.html "Why Cryptocurrency trading will surpass Forex Trading in 2023") platforms, investors can be sure their transactions are safe and regulated.

Coindirect.com has offices in London and the Isle of Man, and is registered with the Isle of Man Financial Services Authority.

With global interest in cryptocurrency, and Bitcoin in particular, increasing rapidly, there is a real [need for regulated environments which mitigate the risks](https://www.financedigest.com/21690.html "BRIGHTON, England (Reuters) – Britain needs to be more “clear-eyed” about the risks") of fraud, theft or lost trades.

Brian Donegan, Head of Operations, E-Business Innovation at Isle of Man Government commented, “the arrival of Coindirect.com on the Island is a further example of how our [digital economy value proposition and quality regulatory framework continues to attract digital currency](https://www.financedigest.com/minding-the-gap-the-importance-of-inclusive-financial-strategies-as-digital-currencies-rise.html "Minding The Gap: The importance of inclusive financial strategies as digital currencies rise ") exchange companies of the highest calibre.”

Occasional trades up to GBP 800 / EUR 1000 / ZAR R15,000 / NGN 400,000 / KES 100,000 can also be carried out without inconvenient personal identity verification involving uploads of identity documents.

Coindirect.com is backed by a consortium of some of the leading technology investors, based in the UK and [South Africa](https://www.financedigest.com/covid-cant-break-south-africas-love-affair-with-shopping-malls.html "COVID can’t break South Africa’s love affair with shopping malls").

To learn more about Coindirect.com please visit [www.coindirect.com](http://www.coindirect.com).


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