Bitcoin enthusiasts around the world are craving to be able to use an auction site, similar to eBay, but then pay in Bitcoin. With Paypal enabling Bitcoin payments through the Paypal Payment Hub, we got a step closer to realising that dream. Competitor marketplaces are popping up all over the internet, and OneWallet is the latest one.
OneWallet has been released just in time for the Christmas shopping lists, and in spectacular fashion as well, as this is a remarkable shopping portal for Bitcoin users. The company behind OneWallet is CoinsForTech, an Australia based Bitcoin company whom processed over US$600k in cryptocurrency transactions so far.
The OneWallet platform is turning heads thanks to their impressive list of merchants , most of which offer worldwide shipping on top of ultra-competitive pricing. All in all, over 600 products are available for purchase from launch, spanning categories such as electronics, Bitcoin miners, watches and many more.
With a business model similar to eBay, the OneWallet marketplace has the belief that buying and selling (digital) goods could , and possibly even should be improved by using a global , non-discriminating payment option, such as Bitcoin.
“By using Bitcoin as the medium, we are significantly lowering the cost of trading internationally,” said Lee Marburg, founder of OneWallet and CoinsForTech. “Our marketplace allows for buyers and sellers across the world to transact without worrying about exorbitant currency conversion costs or lengthy transaction times.”
Creating the OneWallet marketplace platform opens up a lot of possibilities for third party sellers who want to become a part of the ever growing Bitcoin economy. Listing items for sale is free of charge, and there is a modest 2% fee if your item successfully sells. Items can be put up for auction, or a direct purchase, that choice is entirely up to the merchant,
Even for those people who never had a Bitcoin wallet in their life, once the sign up for OneWallet, a Bitcoin address will be generated for them. Do keep in mind you are not obligated to use this address when buying or selling goods or services on the platform.
Many of the merchants selling their goods and services on the OneWallet platform are BusinessVerified, meaning OneWallet will refund the buyer if the merchant does not fulfill their end of the deal. Over 500 of the 600+ products listed at this time are being offered by BusinessVerified merchants.
Website : http://onewallet.io/