We are excited to announce our partnership with international hotel group, The Pavilions Hotels & Resorts. This partnership is the first of its kind and will enable The Pavilions Hotels & Resorts to accept cryptocurrency for hotel bookings.  Typically, there are three reasons for any business to adopt a new payment processing method. The first, is because a business has recognised that a new payment method is disrupting the existing status quo. Therefore, to not adopt said payment method could potentially result in losing customers and booking volume because of the absence of that ..read more

You may have noticed a change in your wallet since the MakerDAO Foundation launched Multi-Collateral Dai (MCD). Your DAI wallet has been renamed “SAI” in the Coindirect platform but what does it all mean?  At the Devcon ethereum developer conference in Osaka, Japan, MakerDAO announced that going forward users will be able to use other cryptocurrencies as collateral in the MakerDAO system. Previously, users of the decentralized financed (DeFi) platform could borrow DAI tokens only after committing ETH as collateral.  This MCD launch marks a change in terminology.  Existing Single Collateral Dai ..read more

Coindirect, is an exciting global cryptocurrency platform. We are looking for a Customer Success Consultant to join our team. If you are a tech-savvy professional, experienced in social media and customer service, we would like to meet you. You will be the first line support for customer queries in a Fintech environment. Our ideal candidate has exceptional oral and written communication skills. You should be a ‘people person’ with great customer service skills and the ability to moderate online and offline conversations with our community. Ultimately, you should be able to act as the face and ..read more

Coindirect has announced an increase to the trading limits for verified South African traders. The new limit, set at R1 million for fixed quote purchases, comes hot on the heels of the launch of its brokerage style platform, announced on 26 September.  The OTC brokerage offers large volume Bitcoin traders a fast, cost-effective solution to their trading frustrations. Bitcoin quotes are locked in once confirmed and are processed instantly with no fees for conversion, when using the Coindirect wallet, and no slippage. The platform has seen an immediate and growing interest in the service, which ..read more

Coindirect has gone live with another exciting merchant partnership – online game ToTheMoon. Built by Tronext, a decentralised gaming platform, ToTheMoon is one of many games on the Tronext network that allows players to win and accumulate the Tron (TNX/TRX) cryptocurrency.  Coindirect Business and Tronext worked together to bring a fiat-to-crypto payment method to the game. The integration allows ToTheMoon players to quickly and easily purchase TNX/TRX within the game using their credit cards. Through Coindirect’s simple plug-and-play solution, game-makers like Tronext are able to fully harn ..read more

Coindirect has launched a brokerage system aimed at traders looking to do large volume cryptocurrency transactions. The “over-the-counter” (OTC) model, introduced this month, is a first in South Africa and sets Coindirect apart from its local competitors in the market.  Says Nic Haralambous, Coindirect’s COO, “During our first two years in the industry we have paid close attention to which users are driving the volume of crypto trading. Our approach is to bring cryptocurrency to as many users as possible, however, the data shows that a majority of the daily trading volume in South Africa rig ..read more

We’re on a mission to move the world from fiat to digital currency, and this means removing as many barriers as we can for people who are ready to embrace cryptocurrency.  We are proud to announce that you can now buy Bitcoin or any one of our other supported digital currencies with your Mastercard credit card!  Along with increased limits and instant withdrawals, Coindirect traders are now able to make faster, simpler transactions.  “The introduction of Mastercard as a credit card provider is a big moment for us,” says Nic Haralambous, COO of Coindirect, “Since we introduced credit card purc ..read more

We have an important update for those of you who currently transact with USDT (Tether). We have successfully completed the migration from the USDT (Tether) Omni network to the Ethereum ERC20 system. If you wish to withdraw or deposit your USDT, you will be required to use an Ethereum/ERC20 address. Additionally, we will be removing USDT from our platform on 30 October 2019. You will be able to buy and sell your USDT up until we suspend trading on 30 September 2019. After that, we will delist USDT entirely and you will have until 30 October 2019 to withdraw your USDT to your own wallet or conv ..read more

Buy Golem tokens online using your credit card. What is Golem? Golem is a project which rewards users with GNT tokens as they rent out their unused computing power; selling a combined computing power to users who need larger amounts of power. How to create a Golem wallet Sign up for a free Coindirect account and you will automatically get a free Golem online wallet. You can use your Golem wallet to buy, sell, store, send (withdraw) and receive (deposit) GNT. How to create a Golem address Once you have signed up for a free Coindirect account all you need to do is press the ‘Receive’ button to ..read more