Posts Tagged ‘OpenBazaar update

The latest OpenBazaar version 2.2.2 released brings improved cryptocurrency trading features to the users of the free online marketplace with no fees and restriction that uses cryptocurrencies for payments. The most significant expansion is the number of crypto coins that can be bought and sold on the platform, previously there were about 60 available. Now there is price data from CoinMarketCap and there are more than 1500 coins you can trade on OpenBazaar. If you want to see if a specific coin is available, download OpenBazaar and start the process of creating a cryptocurrency listing and you will see the full list of coins in a dropdown menu. The best thing is that there are no fees to pay and no accounts to sign up for. It’s a direct swap of cryptocurrencies between you and the other party, and if you choose a moderated payment (highly recommended) then there’s a third party available in case of dispute.

The latest version also brings the ability for users offering to trade coins to mark up or discount their price. Instead of only being able to offer a trade at market price, you can choose to add a markup, which will automatically increase the price to the buyer based on the percentage they choose. You can of course also choose to offer a discount from regular market price and make your offer even more attractive. The software constantly is updating the market price of the cryptocurrencies involved in the trade, and will add the markup or discount at the moment the trade happens.

For more details about the OpenBazaar platform and cryptocurrency trading on it…


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