• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
  • Play Finance
Breaking News: Crypto Giant Binance In Hot Water: CEO Responds To Trading Violation Claims
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
  • Play Finance
Bitcoinist.com
No Result
View All Result
Breaking News: Crypto Giant Binance In Hot Water: CEO Responds To Trading Violation Claims
Altcoins
Advertisement

Save Those Bits! You Can Now Spend Over 35 Altcoins at OpenBazaar

Antonio Madeira by Antonio Madeira
6 years ago
in Altcoin News, Altcoins, Bitcoin, Emerging Markets, News, News teaser
0
Advertisement

OpenBazaar, the decentralized e-commerce platform, has partnered with ShapeShift allowing users to buy products with their favorite altcoins.


OpenBazaar: Altcoins Now Accepted

OpenBazaar has announced the release of its 1.1.10 version. The new integration of the Shifty Button, a free to use and open-source tool created by ShapeShift, now allows customers to buy products with various altcoins such as Monero, Ether and over thirty others. The new option might certainly come in handy for users wanting to hold on to their bitcoin as it shoots past $800.

Don't wait! Jump on this Crypto Deal and get a 150% Welcome Bonus plus 100 Free Spins on your deposit today!

hoffman

OpenBazaar CEO Brian Hoffman states:

Enabling users to pay for OpenBazaar purchases with bitcoin and dozens of other cryptocurrencies was always something we wanted to do and ShapeShift enabled us to do that quickly and easily.

Hoffman adds that it has been a long awaited feature by the OpenBazaar user community, which was first demonstrated at the hackathon OB1 co-hosted with Duosearch in London by Justin of Duosearch and community member Barry.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!

Second hackathon demo: integrating @ShapeShift_io into @openbazaar. & a bit of creativity to work around demo screen adapter problems! pic.twitter.com/iyE2RvRuSq

— OB1 (@OB1Company) November 5, 2016

Until now, OpenBazaar has been a Bitcoin-only platform, forcing the altcoin community to look for external third-party services to buy products online. Now, OpenBazaar has created an important use-case for altcoins, which have been dwarfed by Bitcoin in terms of global merchant acceptance.

Pushing Crypto Adoption Forward

Not only does OpenBazaar provide a solution for cryptocurrency users, it also solves some of the most persistent and expensive problems for e-commerce merchants like chargebacks and transaction disputes, which is actually a distinct feature of peer-to-peer cryptocurrencies.

OpenBazaar launched in April 2016 as the first open-source and fully decentralized e-commerce platform online. It allows users to buy and sell goods without any middleman fees, restrictions or registration required. The platform also ensures that no server downtime or hacking is possible due to its decentralized nature.

OpenBazaar

ShapeShift CEO and Founder Erik Voorhees notes:

We feel a distinct kinship with the OpenBazaar project, both companies foster permissionless exchange between anyone, anywhere on Earth.

OpenBazaar has won several awards during the 2016 Blockchain Awards in New York City in May including “Best New Startup,” “Bitcoin Champion of the Year” and “Most Promising Consumer Application.”

Would you use altcoins instead of Bitcoin to pay for products at OpenBazaar? Let us know in the comments below!


Images courtesy of shutterstock, twitter

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Antonio Madeira

Antonio Madeira

Related Posts

Bitcoin

Bitcoin Mining Hashrate Registers Third Largest 3-Month Spike In Last 5 Years

15 hours ago
Micheal Saylor Microstrategy accumulates Bitcoin (BTC)

Microstrategy Repays Silvergate Loan As It Expands Bitcoin Holdings

16 hours ago
Bitcoin United States Government

US Government Holds More Bitcoin Than MicroStrategy, Tesla Combined

23 hours ago
Bitcoin and crypto this week

Bitcoin And Crypto Face These Key Dates In The Week Ahead

1 day ago
Bitcoin Hashrate Hits 400 EH/s As Miners Profit From Bull Market

Bitcoin Hashrate Hits 400 EH/s As Miners Profit From Bull Market

3 days ago
bitcoin Tim draper

Billionaire VC Tim Draper Tells Businesses To Keep Payroll In Bitcoin

3 days ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Play Finance

Top Casinos

BitStarz
BitStarz
Punt Casino
Punt Casino
mBit
mBit
1xBit
1xBit
UU.Game
UU.Game
K8
K8

Press Releases

  • TMS Network (TMSN) Presale Strikes Gold As Solid Altcoins...

    28 mins ago
  • Top 3 Tokens To Diversify Your Portfolio: With Maker (MKR)...

    33 mins ago
  • Could TMS Network (TMSN) Help Investors Leverage the Market...

    41 mins ago
  • Coniun Tokenizes the NFT Ecosystem and Announces Its First...

    2 hours ago
  • INTO, the All-in-one Web3 Community Solution

    2 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
  • Play Finance

© 2022 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.