Wall Of Coins: Safe Buy And Sell Bitcoin Crypto Marketplace?
What Is Wall Of Coins?
Wall of Coins is a marketplace as well as a peer-to-peer exchange platform that seeks to eliminate all the complexities involved in the buying and selling of Bitcoin, while directly connecting buyers and sellers through the platform’s mobile application, which implements a transparent business model.
How Wall Of Coins Buy And Sell Bitcoin Crypto Marketplace Works
The platform’s main purpose is to help users purchase or sell bitcoin in exchange for cash. The platform is convenient especially for users who are beginners in the process of buying Bitcoin using cash, as it has an SMS system that guides users through the entire process of buying and selling bitcoin on the platform.
The Wall of Coins does not have restrictions on the method of payment that sellers can use to receive payments for their coins. For the buyers, however, they will have to confirm on the order book the payment methods that are accepted at that time. Most users prefer cash deposits as a payment method. Cash deposits mainly involve physically depositing cash into the account of the bitcoin selling through the bank.
The platform does not have any official buying limits for Bitcoin, as the maximum amount of bitcoin that users can purchase at a particular time is determined by the offers that sellers have. The transaction minimum on the platform is five dollars, which means, therefore, means users can purchase a minimum of Bitcoin worth five USD.
To purchase Bitcoin on the platform, users do not need to provide their personal information, as they are only required to provide their phone number and their location in order for the platform to locate the bank branches that are near where the users is.
For users that want to sell bitcoin, they should register on the platform by providing their contact details, which includes phone number, email, and password after which they will have the access to their sale portal.
Wall Of Coins Benefits
The platform carries out accounting on the bitcoin address that it gives to its users and therefore users can monitor and evaluate all the transactions taking place when necessary. This, therefore, means that buyers can audit their orders and fully control their coins while sellers can use the company’s GPG keys to audit and confirm the authenticity of deposits held by the platform.
To ensure that coins are not stolen or lost, they are stored in the offline cold storage, which guarantees the safety of the coins, as the cold storage has strict internal policies, which creates a secure business environment for selling and purchasing Bitcoin. Additionally, the platform integrates Artificial Intelligence that detects and prevents any fraudulent transactions on the platform.
Wall of Coins is one of the industry’s first marketplaces that enable its users to purchase and receive their coins in a span of 15 minutes without necessarily having to undergo the registration process.
The platform provides its users with the access to a live chat box, which is accessible 24/7, and ready to help users with any issues they might have during the sell or purchase of Bitcoin. Also available on the platform is a toll free number that users can call to get assistance with their issues.