Chinese cryptocurrency exchange CoinAll announced on Thursday the official listing of PumaPay (PMA), which started trading on the platform on December 10th. This news comes just days after PumaPay announced it is offering crypto-to-crypto conversion in the PumaPay Cryptocurrency Wallet.
As previously reported, PumaPay provides an open source “free-of-charge blockchain-based protocol” that decentralizes the transaction process. The protocol notably allows users to process transactions using familiar billing methodologies and combines traditional methods (ie credit cards) and blockchain-based solutions. PumaPay says that over 75 companies are already using their service. PumaPay recently secured $117 million through its initial coin offering (ICO).
Speaking about the CoinAll listing, Yoav Dror, the CEO of PumaPay stated:
“We are pleased that the CoinAll exchange has chosen to list the PMA token. As we continue development of our payment system, we will be increasing the usability of the token by enabling more payment scenarios. PumaPay Cryptocurrency Wallet app already supports cryptocurrency conversion, and we’ll be adding support for more tokens in the coming months. Last but not least, we have recently released the Wallet API, which will enable 3rd party wallets to support subscriptions, as well as other advanced billing scenarios, by PumaPay. We have a lot planned for 2019, and will be sharing our updated roadmap and vision in the coming weeks.“
CoinAll claims to be the first community-driven exchange with the aim of establishing a three-dimensional exchange as community, users, and projects. The platform noted it cooperates with OKEx and shares OKEx’s massive user base of more than 20M users. It also offers a chance to list on OKEx every three months, helping projects up to the top platform in the world in one stroke.