Bitcoin Bazaar, New Mobile App for Buying and Selling Bitcoins, Now Available
First Truly Mobile Marketplace App for Buyers and Sellers of Bitcoin Released on iTunes App Store and Google Play.
Bay Coins, LLC announced today it has released the first mobile marketplace app for buying and selling bitcoins with other users – Bitcoin Bazaar Local. The app is now available for iOS and Android devices on the iTunes App Store and Google Play, respectively, making it the first fully functional app for matching buyers and sellers of Bitcoin on both platforms.
Bitcoin Bazaar is the easiest way to acquire Bitcoin, the leading crypto-currency, while still protecting users’ privacy. The app lets users find buyers and sellers in their neighborhood, using location services from their mobile phone, and lets buyers and sellers transact using cash without needing to enter bank or financial information into the app.
“Mobile is a natural fit for those who want to trade Bitcoins, and buying or selling with cash is still the easiest way to acquire the currency,” said Shahani Weerawarana, CTO of Bay Coins, which developed the app. “In the past, finding someone near you to transact with wasn’t easy with mobile devices. With Bitcoin Bazaar, anyone can buy or sell Bitcoin in person easily.”
Users who wish to buy and sell using payment methods like PayPal or bank transfers online, rather than using the built in location functionality, can do so via the mobile app as well. All financial transactions are handled between the parties, so Bitcoin Bazaar does not handle any fiat currency, making it different from other exchanges and services. Bitcoin Bazaar has built in escrow for protection of both buyers and sellers, and built-in dispute resolution.
Bitcoin Bazaar can be downloaded immediately in the US app stores using the following links:
Google Play: https://itunes.apple.com/us/app/bitcoin-bazaar-local/id904536811
Apple iTunes: https://play.google.com/store/apps/details?id=com.baycoinsllc.bb
Bitcoin Bazaar will support additional crypto-currencies in the future.
About Bay Coins, LLC
Based in Palo Alto, Calif., Bay Coins, LLC was founded by a group of MIT alumni, including Prasath Nanayakkara and Shahani Weerawarana, to bring bitcoin trading experience to mobile devices. It is funded by angels, including its chairman of the board, Rizwan Virk, who is known for his angel investments in many leading mobile startups, including Tapjoy, Gameview Studios, Funzio, and Apsalar, among many others.
For more information about Bay Coins, LLC, visit http://www.baycoinsllc.com/ or its apps in the mobile app stores (Bitcoin Bazaar Local).
Related News
In a shocking announcement made on April 14, online Bitcoin marketplace Brawker revealed that the company's growth has been below expectations, which is the prime motivation for the complete closure of services. "Our growth rate did not meet our expectations, and the service does not scale as we would have expected to. The Bitcoin community came up with many great startups and the environment is very different from what it was 18 months ago, when we started working on this project." The Bitcoin buying and selling place will dissolve by the end of April 2015 until which users can resolve....
Ingenuity, community and fun were on display at the Bitcoin 2022 Bazaar, a marketplace of merchandise from Bitcoiners.
“If Ebay and Bitorrent had a baby, the combination would spawn Open Bazaar” Review of Open Bazaar. What is Open Bazaar? Open Bazaar is a decentralized marketplace. Why Should I Care? A decentralized marketplace means that you can now freely trade with anyone in the world without regulations and governments slowing down business. Let’s face it, most online shopping experiences are horrendous. OpenBazaar gives you the freedom to buy what you want from whom you want. For Merchants, OpenBazaar means less fees and more money for consumers and merchants. Finally… welcome to a world of free....
Australia's leading bitcoin services company, CoinJar, published a blog post on Tuesday noting that a recent tax guidance from the Australian Tax Office (ATO) issued in August will impact the buying and selling of bitcoin on the service. According to the guidance, the supply of bitcoin is taxable for GST - the goods and services tax. What this means for consumers depends on the situation. Here's how CoinJar says it's all expected to play out: Buying bitcoin. As per the guidance, when buying bitcoin is Australia, the GST is applicable. Therefore, any price quoted to the buyer should include....
Most of the times I introduce bitcoins to people who don't know about it, they invariably reply: "Where could I use them?" I would usually reply "at any merchant that accepts bitcoins." But now I'm able to reply "Anywhere". The next question most people ask is "But where do I get bitcoins in the first place?" I'd usually mention localbitcoins or Coinbase. But now I'm able to tell them about Brawker. Brawker is proxy buying service that allows you to both buy bitcoins and purchase anything on the internet using bitcoins with a guaranteed discount, just for using bitcoins. Here's how it....