BTXDeals, the Bitcoin online marketplace, has announced its live launch and opened its doors to a unique form of online trading – Bitcoins are its sole currency.
BTXDeals distinguishes itself from other online e-tailers by offering the best possible value to its customers with a cost-per-sale typically 50% lower than that charged by Amazon or eBay, and with no hidden charges or additional fees.
It is free to list an unlimited number of items, vendors can receive payment in either Bitcoins or GBP Sterling and will not try to compete with sellers, instead of focusing their efforts on simply providing a safe and competitive platform on which to trade.
Shopping for goods is made easy due to a transparent indication of currency conversion based on current exchange rates. The base price of goods is set in GBP Sterling and updated every 10 minutes based on the exchange rate of Bitpay, the largest Bitcoin payment gateway. BTXDeals also offers comparisons in Euros and US Dollars for added convenience.
Nick Boardman, CEO and founder of BTXDeals said: “As the first of its kind, BTXDeals embraces the potential of Bitcoin and provides a safe, secure and transparent form of online shopping that puts the power in the hands of the consumer. We’re passionate about the potential of this virtual currency and believe it will become the future for all e-commerce transactions.”
BTXDeals is headquartered at Hilton Hall in Staffordshire and has already secured a number of key vendors across a range of industries including Grange Hotels, Shy Aviation, Sun Mountain Golf, K Bassam Jewellers, Time Square Birmingham, New Born Electronics, Paul Oz, Cherished Number Plates and Spanish Villas.