Trading In Your Old Stuff For Bitcoin or other cryptocurrency
By: Patrick Manfra
Tags: Dapp, Earning Bitcoin, Bitcoin, Cryptocurrency

People are always looking for ways to earn extra cash. One of the most popular pieces of advice for those looking to pull in some supplementary income is to sell your old stuff. The unused items lying around your house can be turned into profit when you sell your items for cryptocurrency to Junktion.

Up until now, eBay was made for this. Trying to connect the whole one man’s trash is another’s treasure. These platforms connect people looking for deals with sellers that potentially have valuable items that they no longer use.

Imagine taking those same items which have depreciated after their purchase and trading them for an asset that will increase in value over time.

Selling your stuff for bitcoin or other cryptocurrency can allow you to do exactly that.

Most likely, Bitcoin will increase while your items decrease

Cryptocurrency is still in its infancy and will continue to rise in value as it matures. As people realize that the movement is going from a fad to a staple, people are more willing to experiment with crypto. There is a growing number of people who just want to get their hands on some cryptocurrency. Some coins have even been known to jump more than 20% in just hours. Trading goods for crypto now could net you double on you return months down the road.

The catch is that you probably won’t be able to find any flea markets or swap meets that deal in crypto. Mainstream retailers that are currently dealing in crypto are few and far between, and for the companies that do accept crypto, it seems to be more of a novelty.

Introducing Our Cryptocurrency Marketplace

There aren’t many options for people to take this route. Craigslist is a place where you can search for people willing to make all kinds of deals; but, many do not feel comfortable dealing with an anonymous, unverified person especially when it comes to dealing in a payment system that most people have only just been introduced to. After you’ve found someone who is ready to deal in crypto you then need to work out the logistics. This could lead to disagreements on how to actually process the deal. Who should act first? Should you send your crypto payment before the seller ships the item? Will trust and security issues lead traders to only dealing in person? Is it even possible for the parties work out an in-person meeting? These are just a few issues that could arise when dealing with a newborn technology that doesn’t yet have wide acceptance or a huge network of users. Some, who have made deals actually recommend using a 3rd party escrow service, which seems to be in opposition of the ideas and of course adds to the cost of doing business.

Intermediaries looking to facilitate crypto trades have been picking up steam in recent months. Sites like this take some of the worry away from buyers and sellers.

This Is What Is Wrong With Traditionally Selling Items For Bitcoin Online.

On our platform you will be able to earn all sorts of cryptocurrency. Bitcoin, Vertcoin, Ethereum and all sorts of erc tokens, Stellar, Monero, Neo, Nano, Stratis, and more.

Our solution, Junktion The Cryptocurrency Marketplace

Junktion.io is a new marketplace that allows people to sell their items for crypto and offers these items up to other users. At Junktion, people can submit any number of products, receive a quote and make a trade for various cryptocurrencies. Plus, with the use of blockchain technology the company hopes to beat the prices of marketplace giants like Amazon. Junktion’s dApps turn a user’s goods into a tradeable digital asset. Applications likes this will help to spread crypto use and adoption. Junktion also hopes to create a circular economy where potential waste is kept in use for future generations and all the truly unused junk will be removed and recycled into a new useful product.

Furthermore, by building a community of users who are comfortable with new means of paying for things Junktion’s marketplace can act like a Petri dish culturing crypto enthusiasm.

The creation of these new crypto marketplaces will also help to speed up the acceptance of cryptocurrencies and blockchain technology by big business around the globe. Even the biggest and most powerful of companies could be forced to get into the crypto space sooner rather than later as the demand rises, users become more fluent and of course, the cost lowering effect of blockchain technology becomes widely known to the public.

As marketplaces such as this gain popularity, the economy as well as the environment will benefit. The efficiency of business will rise and more importantly, people will be able to securely interact with each other and exchange goods and simultaneously aid the cause to lessen waste.