MonkeyCoin enables exchange operations between digital currencies within its platform

With this service, users living in Venezuela can now conduct bidirectional exchange between Bitcoin / Ethereum and Litecoin / Bitcoin using the same purchase / sale order system implemented for traditional operations.

MonkeyCoin , one of the exchange services that operates in Venezuelan territory, announced yesterday the implementation of a new modality of commercial operations within its platform, in which it is now possible to use cryptononedas balances to trade in other digital currencies.

The news was revealed through the company's Twitter and Facebook accounts . Followers were informed that they will now be able to use their Bitcoin assets for the purchase of balances in Ethereum or Litecoin and vice versa. In this way, the possibility of using these digital coins as a payment mechanism for the purchase / sale of other Cryptomonedas is added, in a way similar to that used by Poloniex, the largest international exponent in this type of operations.

Previously at the end of July, MonkeyCoin announced the incorporation of Ethereum and Litecoin into its trading platform , becoming the first exchange service in the country to offer its clients the possibility of acquiring balances in said cryptoneses by investing Venezuelan bolivares.

Changes implemented in the platform

To verify the information published by the company, we entered the commercial operations platform and made a brief tour with which we were able to verify the implemented changes associated with this new modality of commercial operations.

If we want to access commercial operations using only cryptones, we should only click on the tab located in upper left of the screen, which shows the prices associated with the exchange of Bitcoin for bolivars. Once this is done we can see the incorporation of the two new modalities, showing the rates managed for ETH / BTC and LTC / BTC operations .

Once you have selected desired mode, you only have to go to the section labeled "Buy / Sell", in which you can formulate the commercial orders with the preferred digital currencies.

Taking into account that the mode of operations selected corresponds to the ETH / BTC exchange , an important detail is that in the sections to indicate the amounts of the digital coins with which we wish to trade both the words Bitcoin and Bolivars do not change. However the operations would be carried out with the digital currency that we have selected (Ethereum or Litecoin) , so this does not represent major inconvenience for the commercial operation to be performe

The procedure works exactly the same for LTC / BTC operations .