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According to a press release sent to Bitcoin Magazine, the Bitcoin commodity trading market SatsCrap has introduced a new feature: Bitcoin and artificial intelligence auctions, streamlining the sale process of sat goods. The market allows users to easily list, bid, and purchase items while conducting transactions with KYC-free Bitcoin.
Chris Tramount, CEO of SatsCrap's parent company Scarce City, stated: "Bitcoin is being repriced." We are creating an option for people to exchange Bitcoin for future hard currency.
Sellers on SatsCrap are required to deposit a small amount of Bitcoin as collateral to ensure accountability and facilitate a seamless seller experience. The platform leverages artificial intelligence technology to automatically suggest auction titles and descriptions based on uploaded item photos, enabling users to create item listings within 60 seconds.
According to the press release, SatsCrap's mission is to provide the lowest prices for everyday items and collectibles on the internet, aiming to offer buyers a variety of payment options, including on-chain or Lightning Bitcoin, as well as fiat currency alternatives such as credit cards, Afterpay, and Cash App Pay.
With Scarce City's extensive experience in facilitating Bitcoin transactions, SatsCrap aims to help redefine the future of online sales by embracing Bitcoin. The company also announced that to celebrate its launch, SatsCrap will waive listing fees throughout February. |
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Post time 20-2-2024 10:29:13
