Biggest Bitcoin and Litecoin Auction Site CryptoThrift.com is The eBay Alternative For Cryptocurrency Users

Biggest Bitcoin and Litecoin Auction Site CryptoThrift.com is The eBay Alternative For Cryptocurrency Users

Australia based Bitcoin and Litecoin auction site CryptoThrift.com is an online marketplace for small businesses and the general public to buy and sell goods and services in exchange for Bitcoin and Litecoin.

Since launching at the end of 2013 CryptoThrift has become the largest and most active auction site in the Bitcoin community with over 6000 members. The transparent Australian ASIC registered business strives to offer a secure and progressive marketplace for the ultimate buying and selling experience. The platform offers a similar service to eBay but with the secure, anonymous, charge-back free, and low fee payment environment cryptocurrencies provide. Uniquely it offers an inbuilt and automated escrow system, securing buyers funds until they are happy with their received purchase.

A large variety of products are listed on CryptoThrift ranging from Starbucks gift cards and books, to a Cessna airplane currently up for grabs. Due to the tech oriented nature of cryptocurrency; CryptoThrift.com is a good option for enthusiasts looking for specific computer hardware, Bitcoin miners, games and Xbox accessories.

The motivated team of IT professionals, web developers, editors and system admins have established a user friendly platform – striving to add new features every week without compromising excellent customer service. CryptoThrift offers both `buy it now´ and auction sale formats. Both options display the price in BTC and LTC with the Dollar amount as reference. Constantly updated price tickers are displayed in the left hand corner with currency pairs BTC/USD and LTC/USD. Users can search the site in the search bar or browse by category. Other necessary information is also easy accessible such as the location the item will be shipped from, condition and time remaining on the auction. CryptoThrift also has a `Watch List´ function, gallery, a history section where the user can view posted bids as well as a public question field.

CryptoThrift has increased rapidly in popularity with over 6000 new users in less than 8 months, currently attracting an average of 100k visitors and 750k page views a month. All items on the site are public however registration is needed to buy, sell or bid. Registering on the site is easy and only takes a few minutes. Other options for registration are to login by using popular social media networks Facebook, Windows Live, Twitter or Google; similar to the login system used by the popular sites Pinterest and IMDB.

About CryptoThrift

With cryptocurrency adoption increasing daily CryptoThrift provides a necessary marketplace for buying, selling and trading goods and services worldwide for Bitcoin and Litecoin. CryptoThrift has already established itself as the largest most frequently used cryptocurrency auction site, with over 6000 registered members. The fully transparent platform provides a user friendly experience and a convenient interface with embedded currency pair tickers, personal watch lists and bidding history; with new improvements implemented constantly. As the market leader in the Bitcoin, Litecoin and cryptocurrency auction space, CryptoThrift no doubt has a bright future ahead.

To learn more about CryptoThrift please go to: http://CryptoThrift.com/


Related News

Feathercoin launches eBay-style auction marketplace

Feathercoin, an altcurrency based on Litecoin, has today announced that it is opening an auction site to facilitate the trade of physical items between individuals paid for by Feathercoins. The site is at an early phase of development but already has 70 auctions ongoing. It also supports a feedback system so sellers can build a reputation, much like eBay. Feathercoin says that the site will soon implement a shopping cart and a range of merchant tools. Peter Bushnell, the founder of Feathercoin, told us that the service had been created to solve the problem of forum users trying to auction....

Meet OneWallet, the New Auction Site for Bitcoiners

For those still mourning the demise of early bitcoin auction sites like Bitmit, there is a new place to bid for a special deal with your cryptocurrency: OneWallet.io. Like Internet auction giant eBay, OneWallet has both bidding auctions and direct sales from anyone who wishes to join as a retailer, with 620 product listings in categories including electronics, fashion, health and beauty, and home and garden after only two weeks of public activity. As the name implies, OneWallet also functions as a digital wallet for users to store their bitcoins, even if they're not spending them on the....

CryptoThrift Suffers Security Breach, 15 BTC Stolen, Escrow Service Suspended

Another popular bitcoin site has been the victim of a hack. CryptoThrift, an “eBay like” site that allows buyers and sellers conduct their transactions in both Bitcoin and Litecoin, announced today that they lost a “little over” 15 BTC that was being held in escrow in a hot wallet. The attack took place early Sunday morning. The funds, which the company says it will cover, were being held in escrow during the duration of various sales. CryptoThrift has stated that the majority of the funds being held in escrow were held in offline storage, safe from the attacker. That security practice is....

E-Commerce Giant Ebay Acquires NFT Marketplace Knownorigin

The e-commerce and online auction giant Ebay has announced the company has acquired the non-fungible token (NFT) marketplace Knownorigin. Ebay declared that the acquisition is an “important step in Ebay’s tech-led reimagination.” Ebay Purchases NFT Marketplace in Order to Make E-Commerce Site the World’s Top Destination for Collectibles Ebay revealed on Wednesday that the company has purchased the NFT marketplace Knownorigin. Last February, Ebay’s chief executive officer, Jamie Iannone, discussed NFTs, cryptocurrencies, and how the company continues to....

eBay Enters NFTs, Allows Sales On Platform

NFT marketplaces, meet traditional e-commerce companies. We’ve seen massive auction houses like Sotheby’s host some of the biggest NFT auctions to date. Now, the everyday auction house eBay has entered the fold. They are the first traditional e-commerce company to announce their intent to integrate NFT support on their platform. eBay’s Entrance: The Short Term […]