CoinCola

What CoinCola does

CoinCola is a Hong Kong-headquartered cryptocurrency exchange platform founded in 2016 that operates a global P2P marketplace, spot and margin trading, and gift card trading service under a unified account and wallet system. The platform's core technical stack centers on an escrow-protected P2P engine (seller coins locked until buyer payment confirmation), cold-storage custody, two-factor authentication, and KYC/AML onboarding powered by Onfido for biometric facial verification, liveness checks, and document authentication. Trading is delivered through a self-serve web platform with country-specific domains for Nigeria (coincola.ng), Ghana, and Kenya, plus native iOS and Android applications. All third-party integrations (Onfido, Cloudflare, Google Analytics, Sensors Data, Zendesk) are vendor-provided; no proprietary AI or ML components are disclosed.

The business model is transaction-fee based: P2P trades carry no platform fee, spot/margin trading carries a flat 0.1% fee, and gift card trades carry a 0.7% fee on completion. Monetization is augmented by an affiliate and partner program that pays a 40% commission on referred-user trading fees for 12 months. The primary customer segment is retail crypto traders in Nigeria, Ghana, and Kenya using local fiat currencies (NGN, GHS, KES) and local payment rails (Bank Transfer, PalmPay, M-Pesa, MTN Mobile Money, Airtel Money, Kuda); secondary segments include gift card liquidators, crypto-to-crypto traders, and individual affiliate promoters. The company operates with a reported headcount of 1-10 employees and no disclosed funding rounds.

In 2025 CoinCola faced material regulatory friction: Hong Kong's Securities and Futures Commission issued a public warning in December 2025 flagging suspected unlicensed virtual asset trading activity, and India's Financial Intelligence Unit issued a notice in October 2025 as part of a 25-platform action against unregistered offshore exchanges. Founder Allan Zhang leads the company. No revenue, GMV, or transaction-volume figures are publicly disclosed, and ownership and cap-table information remain private.

Name

CoinCola

Legal name

CoinCola

Website

https://coincola.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

CoinCola is a Hong Kong-headquartered cryptocurrency exchange founded in 2016 that runs a P2P marketplace, spot/margin trading, and gift card trading service primarily serving retail crypto traders in Nigeria, Ghana, and Kenya using local fiat and mobile money rails.

Ownership category

akta.pro rank

Product category

Cryptocurrency Exchange

NAICS

Securities and Commodity Exchanges (52321)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)

akta.pro secondary industries

Digital Gift Cards, Vouchers & Stored-Value (Crypto) (FSADAIAN), Crypto Borrowing & Margin Credit Facilities (FSADAFAC)

Keywords

• Peer-to-peer crypto trading
• Cryptocurrency exchange platform
• Gift card bitcoin trading
• Margin crypto trading
• Spot crypto exchange

Headquarters

HQ city

Hong Kong

HQ country

Hong Kong SAR China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Infrastructure, Operations, Marketing or Sales, Personnel

Revenue model

1. Spot/Margin Trading Fees: CoinCola charges a 0.1% flat trading fee on spot and margin trading transactions. Users can trade crypto-to-crypto pairs including BTC/USDT, ETH/USDT, and other supported cryptocurrencies.
2. Gift Card Trading Fees: Platform charges 0% to list gift cards and 0.7% per completed gift card trade when converting gift cards to USDT or other cryptocurrencies.
3. Affiliate Commission Revenue: CoinCola earns revenue through its affiliate program where referrers earn 40% commission on trading fees generated by their referred users for 12 months.
4. P2P Trading: P2P trading platform services with no fees mentioned for P2P transactions. Revenue may come from premium features or services for P2P merchants.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

CoinCola operates a global peer-to-peer cryptocurrency trading marketplace and exchange offering three integrated services: P2P marketplace for fiat-to-crypto trades with escrow protection, spot and margin trading for crypto-to-crypto pairs, and gift card trading for converting gift cards (Amazon, iTunes, Steam, Google Play, Walmart, Vanilla) to USDT or BTC. The platform emphasizes zero-fee P2P trading, low spot trading fees (0.1% flat), and strong localization for African markets including Nigeria, Ghana, and Kenya.

Product overview

CoinCola is a global cryptocurrency trading marketplace and exchange providing three integrated core services: P2P Marketplace for peer-to-peer fiat-to-crypto trading, Spot Trading for crypto-to-crypto exchange, and Gift Card Trading for converting gift cards to cryptocurrency. The platform also offers Margin Trading with leverage, a Mobile App for on-the-go trading, an Affiliate Program for commission-based referrals, and a Crypto Converter/Calculator for price conversions. All services operate under a unified account system with shared wallet functionality, featuring low fees (0% for P2P, 0.1% flat for spot trading) and support for African markets including Nigeria, Ghana, and Kenya with local fiat currencies.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 0% P2P fees - users pay no platform fees for peer-to-peer cryptocurrency trades
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature5 records

Partnerships

One partnership is on record.

• OnfidocoreTechnology or IntegrationOnfido provides identity verification and facial biometric services for CoinCola's KYC process. Onfido processes facial biometric data for identity confirmation, authentication, fraud prevention, and document authenticity evaluation. CoinCola shares facial data with Onfido which stores it for up to 360 days. This partnership is essential for CoinCola's compliance with KYC/AML regulations.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/coincola_global
• YouTubeyoutube.com/c/CoinColaOfficial
• Facebookfacebook.com/CoinCola
• LinkedInlinkedin.com/company/coincolainternational
• Instagraminstagram.com/CoinColanigeria
• TikToktiktok.com/@coincolaglobal

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CoinCola