cryptodailytrading.com

High-End Retailer Crypto Emporium Starts Accepting Dash, Supported by Community

  • Yuri Molchan
    📰 News

    Luxury online retailer website Crypto Emporium now sells goods for Dash after conducting research, supported by the Dash community


High-End Retailer Crypto Emporium Starts Accepting Dash, Supported by Community
You may also like:
Contents

Crypto Emporium, set up at the start of 2018, has gotten in touch with the Dash community via Twitter and received their support to integrate Dash for selling luxury goods online. On Crypto Emporium, one can buy top-of-the-range goods, such as cars, motorcycles, property, and simple electronics.

Crypto allows lowering fees and selling to overseas clients

Accepting crypto for its goods allows Crypto Emporium to avoid high fees caused by payment systems working with fiat money. The founder of the shop, Stephen Travers, said in an interview that crypto allows them to have numerous benefits and serve customers from abroad without charging them a high percentage for those payments or losing part of the money on exchange rates. At the moment, the company serves customers from over twenty countries.


So far, the company has been successful selling goods, but even though it also sells property, none of it has been sold yet.

During 2018 and the start of 2019, people have purchased a lot of regular goods, such as drones, electronics, smartphones, watches, etc. Crypto Emporium intends to expand its product range soon by adding more merchandise for crypto assets.

One of the first ‘big things’ they sold for crypto was a Yamaha motorcycle.

👉MUST READ Google Play Removes MetaMask App upon Finding It Steals Crypto
Google Play Removes MetaMask App upon Finding It Steals Crypto

Working despite the bear market

The company manages to succeed even despite the bears’ current dominance over the market. Travers says that they are using this time to build up the right connections and make their services better than previously in order to keep their current clients and attract new ones.

He believes that a bullish trend will start dominating soon, thus keeping to work even in the current market conditions.

Join our Telegram channel to get news even faster!
👓 Recommended articles

Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader


Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader
You may also like:
Contents

It’s been over two weeks since Bitcoin’s astronomical surge on Apr. 2, but new theories about what might have caused this bullish uptick continue to pop up. According to crypto-oriented analytical firm CoinMetrics, that epic surge was causes by a single trader.

👉MUST READ Bitcoin’s Price Rally Was Accurately Predicted by Anonymous 4chan Poster. $16,000 in October?
Bitcoin’s Price Rally Was Accurately Predicted by Anonymous 4chan Poster. $16,000 in October?

Mammoth-size trades

CoinMetrics claims that ‘a single committed trader’ concocted a plan to push the BTC price, and he successfully managed to do that by picking the time of the day when the global liquidity is at its lowest level.


(Source: CoinMetrics.io)

(Source: CoinMetrics.io)  

The report also suggests that the trader started to execute his plan on HitBTC (500,000 USDT were traded for Bitcoin prior to the price movement). After that, large trades were observed on Coinbase and Bitfinex.      

👉MUST READ This Is the Happiest Bitcoin Investors Have Been Since 2016: Tom Lee
This Is the Happiest Bitcoin Investors Have Been Since 2016: Tom Lee

Focusing on the future

Meanwhile, as reported by U.Today, another theory states that the rapid price surge was triggered by the expiration of the CME futures contracts and heavy spot and over-the-counter buying. One expert went as far as claiming that a simple April joke about the Securities Exchange Commission (SEC) could do the trick.

While no one is quite sure about what could have triggered the short-living rally, there is even a bigger disconnect when it comes to Bitcoin price predictions. While some share their bullish predictions for 2019, another report states that it could take 22 years for Bitcoin in order to match its current ATH of $20,000.

'Bitcoin symbol and graph.Vector illustration.' image by 123rf https://ru.123rf.com/photo_69329295_bitcoin-symbol-and-graph-vector-illustration-.html?term=bitcoin&vti=njv6v7w01tymanucm1-1-82
Subscribe to U.Today on Twitter,and get involved in all top daily crypto news, stories and price predictions!
👓 Recommended articles