Waterhole Promises Change in Virtual Currency OTC Trading
Waterhole, the mobile based marketplace for users to buy and sell bitcoin, has finally been released. It is a refined marketplace that caters to both advanced sellers and new buyers in a safe, protected ecosystem.
After years of selling bitcoins online and being frustrated by the lack of improvement in the marketplace, the two founders, Ziqi Chen and Jason Nguyen, decided to reform the system to safeguard both sellers and buyers of the virtual currency world.
What sets Waterhole apart from every other platform involves a few key area:
Complete and independently built mobile app from the source code up
1. All messages and transactions are end to end encrypted which are secure as Telegram but with a more robust customized protocol.
2. Better customer service systems for instant message communications.
3. Full featured social instant messaging (IM) functions, meanwhile allowing anonymity if desired.
Anti-fraud measures that are unheard of in the marketplace such as
1. Geo-fencing to block certain users from a particular area or bank branch
2. Triple verification process for users through ID, headshot photo, and video verification
Seller system
1. Real-time photo and video upload to prevent Photoshopped media, allowing for better peer-to-peer AML/KYC verifications and payment proofs.
2. Automatically start and end sales based on preset settings
3. Easily adjust pricing automatically
4. Filter out buyers based on volume, score, ratings, verifications, and much more
5. GPS-based selling allows sellers to confirm a particular transaction at a specific bank location and local face to face transactions
Buyer system
1. Find the nearest bank or credit union listing from each advertisement categories.
2. Choose from available and active sellers.
3. A variety of payment methods depending on the buyer's need.
And the list goes on and on. Waterhole is an evolving company who takes the best and makes it better and fixes the issues that plagues many other platforms. The whole team has first hand experience when it comes to selling in the digital currency world.
Promotions
Waterhole.io is launching a promotional period of zero fees to use the platform for two months, starting July to August. Sellers will receive a full refund from the initial 1% fee after the promotional period ends. This is to prevent possible abuses during the promotional period.
About Waterhole IO
Waterhole.io is an emerging startup passionate about changing the way users interact in the virtual currency ecosystem to buy, sell, trade, and communicate with one another. They specialize in implementing anti-fraud measures and pride themselves in developing the source code from the ground up by their own hand-picked team of talented engineers. Equipped with hands-on experience since 2013 in bitcoin mining, operating ATM and trading on multiple platforms, Waterhole is a FinTech company poised to change the market forever. Many more major features will be released for each quarter, including smart contract options, additional currencies and blockchains, and all other peer to peer economy business model. For more information, please visit our website.
Android: https://play.google.com/store/apps/details?id=io.waterhole
iOS: https://itunes.apple.com/us/app/waterhole-messenger/id1104208603?mt=8
Related News
Waterhole, a Bitcoin marketplace and escrow trading platform, is to implement Zcash mobile wallet and escrow trading. Both features are currently live, with all operations working in test mode with TAZ (test alpha Zcash) and will switch to ZEC, which are real Zcash coins, after the altcoin is launched today, Oct. 28. What is Waterhole? Watehole is a rapidly growing app developed by a team based in Tuspark, Beijing. The company has made quite an entrance to the scene earlier this year, promising to deliver solutions to many problems of Bitcoin trading and e-commerce security. The Waterhole....
Despite being hailed as the best for security, accountability and resilience, Blockchain initiatives seem quite exposed to all sorts of malicious actors. Mt.Gox collapse has become a byword, but there are other, more recent examples, such as The DAO attack, and the ensuing ETH vs. ETC feud, or the HashOcean hack. In an environment like that, there is a need for secure apps, which care about the safety of their users’ funds. Waterhole, a company registered in US, has built an app based on these ideas. It is an encrypted Blockchain-powered messenger, an OTC escrow, and a local trading....
Source: United States Congress. Congressman Steve Stockman of the 36th District of Texas is embracing digital currency. He made himself known in the bitcoin space at the end of last year when he began accepting bitcoin donations for a Senate campaign. Last night at the New York City Bitcoin Center, Representative Stockman brought a copy of a bill he's planning to introduce to the 113th Congress (second session) on the topic of virtual currencies. Entitled "To change the tax status of virtual currencies from property to currency", the bill (formally called the Virtual Currency Tax Reform....
In an effort to warn the public about the risks associated with virtual currencies, USA.gov published a list of Five Things You Should Know About Virtual Currencies. The article aims to simplify what virtual currencies are all about and why people should think about the risks involved before choosing to invest in it. It defines virtual currencies as a digital form of money that can be used for purchasing goods and services typically online and can also be exchanged for other currencies such as the U. S. dollar. Risks of Virtual Currencies. The article also warned that these types of....
It’s a brand new year, which means that you are probably looking for opportunities to increase your economic wealth. One great way to build your wealth is by trading on the stock market, and 2016 promises to be a very rewarding year on the stock market. While there are tons of options available to put cash into your bank account via the stock market in 2016, one of the most exciting options that promises to offer financial gain is bitcoins and binary options. What are Bitcoins and Binary Options? Binary options refer to a form of online trading. This type of trading came around about 2....