OpenBazaar, the decentralized marketplace announced the release of its 2.2.2 version this Friday.
Openbazaar allows for peer-to-peer cryptocurrency trades with a vast quantity of different digital assets. The developers explain that the release includes two major protocol improvements within the Openbazaar environment.
The first is the ability of users offering to trade coins to mark up or discount their price. Instead of only being able to offer a trade at market price, they can choose to add a markup, which will automatically increase the price to the buyer based on the percentage they choose. They can also choose to offer a discount from market price. The software constantly is updating the market price of the cryptocurrencies involved in the trade and will add the markup or discount at the moment the trade happens.
The second improvement to cryptocurrency listings is a major expansion of how many coins can be bought and sold on the platform. Previously there were about 60 available. Now we’re integrated price data from CoinMarketCap and there are more than 1,500 coins you can trade on OpenBazaar. If you want to see if a specific coin is available, download OpenBazaar and start the process of creating a cryptocurrency listing. You’ll see the full list of coins in this dropdown menu:
There are no fees to pay and no accounts to sign up for. It’s a direct swap of cryptocurrencies between you and the other party, and if you choose a moderated payment then there’s a third party available in case of dispute.