Cryptocurrency is revolutionary because it eliminates the need for centralized financial institutions like banks. All you need is an Internet connection to send or receive payments from across the world. However, eventually you need to trade one cryptocurrency for another or sell your coins for cash. Unfortunately, this forces most crypto users back onto centralized cryptocurrency exchanges where they must live in constant fear that their coins will fall prey to hackers or excessive fees.
Sure, peer-to-peer marketplaces exist, but they have very limited functionality and offer users almost no security. To make matters worse, these P2P exchanges only support one or two cryptocurrencies, making them useless for people who like to maintain a diverse portfolio. Thankfully, this is about to change.
Cointal Launches the First Multi-Cryptocurrency P2P Marketplace
Cointal plans to revolutionize the digital currency ecosystem by developing the first multi-cryptocurrency P2P marketplace. When the platform launches, users will be able to buy, sell, and trade Bitcoin, Ethereum, Litecoin, and Ripple directly with almost any payment method imaginable, including cash, credit/debit card, gift card, PayPal, Western Union, and bank transfer.
The Cointal marketplace is incredibly simple to use, making it perfect for beginning and advanced crypto users alike. The platform–which includes an all-in-one wallet secured by BitGo–is completely free for buyers, and sellers only have to pay a 1% fee to sell their coins. Recognizing that traders need to be able to access the platform even when they aren’t in front of a computer, they have made sure the platform is compatible with smartphones and tablets.
By early 2018, they anticipate that their platform will expand to support at least 10 cryptocurrencies, with even more being added in the future to meet their users’ needs.
Cointal has also worked…