Coinmarketcap.com’s cryptocurrency marketplace is in the process of rolling out a new feature, and according to its CEO, it’s going to make the crypto store the “top crypto store on the planet.”
The crypto store will be available for anyone to buy and sell on the platform in the coming weeks.
Users can buy crypto and buy cryptocurrencies with fiat currency, which means they can buy cryptocurrency without a physical wallet.
There’s no fee, though the crypto will only be used for payments.
The marketplace will be updated with new listings daily, and it will allow users to buy or sell crypto, but there will be a limit to how many crypto they can own.
Users will be able to buy cryptocurrencies at a fixed rate and use crypto to purchase items, such as clothing and jewelry, with fiat.
If the user doesn’t want to buy crypto, they can sell it at a higher rate.
They will also be able buy and resell crypto with fiat, though that won’t work on the marketplace’s platform.
“Crypto is one of the hottest things right now, so I’m excited to bring it to everyone on the market and show people the power of crypto,” said Ryan Wiles, CEO of CoinmarketCap.
“The Crypto Marketplace will make crypto a viable, reliable and convenient way to purchase goods and services in the crypto world.”
For now, CoinMarketCap only has a handful of cryptocurrency listed, but its team is planning to expand to include more in the near future.
Wiles says the crypto marketplaces will work with a variety of payment methods, including credit cards, PayPal, and even mobile payments.
“I believe it will be an incredibly easy way to transact and buy, so if you’re in the market for a pair of shoes, you can just go to the crypto marketplace and buy them,” he said.
The coins are purchased on the blockchain, where users can view their coins in real-time.
Wile says the company will make the cryptocurrency marketplace the “world’s top crypto store” and the crypto industry will benefit from the platform.
He said that’s a goal that will be met, especially given the current price volatility in the cryptocurrency markets.
Wiley said that when the platform is fully launched, it will include “thousands of crypto products” and will have a “multi-million dollar” user base.
The price of a single crypto will be between $0.20 and $0,30.
Wiles said that coins like the Dash are currently listed for around $20, which he believes will drop drastically when the marketplace launches.
The Dash is also listed on Coinbase.com, which is a Bitcoin exchange that will also allow users from other cryptocurrency exchanges to buy Dash.
“The crypto market is the next frontier of the digital currency industry, and we want to make it the place people can go to buy, sell, trade and transact with each other and with the world around them,” Wiles added.
The CoinMarketcap team has also announced it will open up the crypto community to new developers.
In a post on the company’s blog, the co-founders of CoinMarketCaps wrote that they’re going to provide tools to make sure people can learn and start their own projects.
The community will be made up of people who have previously worked on crypto projects, as well as developers, developers, engineers, and other professionals.
Wile says they’re looking to hire as many as 25 people a month, and they are looking to add more developers as they get closer to launch.
Wires said that CoinMarketMarketCamps team is going to have a dedicated team of “experts” who will be in charge of keeping the marketplace updated with the latest news and features.
The cryptocurrency marketplace has been under development for several months, and Wiles says that he is hopeful that it will make its debut this year.
He added that he and his team are working hard to make CoinMarketCo’s platform as appealing as possible for the crypto crowd.
“We have a lot of exciting things planned for the community and we’re just getting started,” he wrote.
“We want to see crypto flourish, and the Crypto Marketplace is a great place to start.”
The Cryptomarkets platform is currently available on iOS and Android, and CoinMarketMarkets team is also working on a desktop version.
The company is aiming to release a beta version of the platform next week, and a beta release will likely come before the end of the year.
Wishes for the future of crypto have not yet been announced, but Wiles hopes the crypto landscape will evolve in a positive direction in the future.
“As a crypto enthusiast, I can only hope that crypto is going the way of the internet and not the way it is today, where a single coin can sell for thousands of dollars,” he concluded.