The New Alternative To Buying Cryptocurrency

Written by patrickman6 | Published 2018/06/01
Tech Story Tags: bitcoin | dapps | binance | buying-bitcoin | cryptocurrency

TLDRvia the TL;DR App

Buying cryptocurrency is confusing. Especially as a newcomer. There are a ton of different cryptocurrency exchanges, scams, and methods to “earning crypto”. Almost all of the exchanges require Bitcoin to trade with, but only some support buying bitcoin directly for fiat. This can be a mouthful and turn a lot of people away. Making it that much more difficult to turn new people on to crypto. If you are like many users you are looking for an alternative way to obtain cryptocurrency.

Junktion.io is the home to an alternative method to traditionally buying cryptocurrency.

Obtaining cryptocurrency without spending money

We created a service that turns your existing items into cryptocurrency by selling them to us or on our marketplace dapp that will be released in a few months. Junktion.io. We think that alternatives to traditionally buying cryptocurrency will make some of the largest impacts on adoption. People are scared to put their money into something that is so speculative.

Alternatives to buying cryptocurrency will help all of crypto

People work very hard for their fiat. Risking this currency certainty with a new speculative currency is a steep hurdle for most people to overcome.

Junktion is one of the few legitimate alternatives to earning cryptocurrency.

Junktion is a quantifiable way to earn cryptocurrency instead of buying it. Junktion is a black and white transaction. We buy your things for digital assets. Once the item is shipped to us we examine it and ultimately list it on our marketplace dapp that is currently being developed.   You introduce items into our ecosystem by selling them to us for the cryptocurrency of your choice, and we sell them back on our site. This create a circular economy where people can trade in old items for new ones.  You will earn Scraps token whenever you transact on our site. Meaning purchasing or selling an item. Learn more about scraps here.

The traditional method of buying cryptocurrency

When you are looking to introduce fiat currency into digital currency you run into a few bumps and pain points so we created a new alternative to buying cryptocurrency. A place where anyone can instantly transform their item into bitcoin or whatever cryptocurrency they wish.

There are no USD or fiat trading pairs for almost all cryptocurrency. There are mostly Bitcoin trading pairs. The purchasing and selling fees associated with transferring the coins happen on almost every exchange.

If you introduce fiat and buy bitcoin on one exchange it doesn’t mean that you can buy the particular coin you were looking for. This issue does not exist when you earn cryptocurrency with us.

There is now a new way to obtain bitcoin and other cryptocurrencies. This new method involves selling your items for the cryptocurrency you want. The money will be paid directly to you. Without a middleman in between.

Alternatives to accumulate crypto will push adoption

For real adoption to take place we feel that services allowing “earning” or alternative methods to accumulating coins need to be in the marketplace.  At its roots, cryptocurrency is a grassroots movement. We need to have more people using it for it to be really worth anything. The real benefactor of Junktion is the everyday user.

We want to give users more cryptocurrency than they originally thought they were going to receive. In all transactions, people will be rewarded with some type of token. Exposing people to crypto is very important to us. To serve as the best alternative to buy cryptocurrency

What we are

Junktion is a place that people can obtain cryptocurrency without spending money. We are a marketplace dapp that is meant for everyone to be the alternative to earning cryptocurrency. We want to make old things cool, spread adoption of crypto, and change the way we think about our items.

Junktion has a few goals

Spread the adoption of cryptocurrency

The adoption of cryptocurrency will inevitably happen once a majority of people own the same type of cryptocurrency. We are helping facilitate this process by giving everyone the ability to sell their items for Ethereum, Bitcoin, Stellar, Vertcoin, Monero, Neo, Gas, Nano, Stratis, Ripple, Tron, Nem, Eos, Litecoin, Cardano, Zcash, and just about any other coin on Binance.

Thank you to Coin Telegraph for the image

Cryptocurrency ownership is less than 5%, at its peak in the world. Junktion wants to help that by giving people the crypto they want for the items they no longer want. We think that appealing to people who just have items for sale will help push adoption and give people a valid reason alternative to buying it. Often, the idea of wasting hard earned cash is something that is holding them from making a purchase.

Create an exciting selling environment

There are a lot of cryptocurrency buying alternatives, but only one best alternative to buying cryptocurrency. Junktion provides a smooth easy transaction with zero fees. We allow any us to come to our site and sell us their items as an alternative to buying cryptocurrency.

The best alternative to earning cryptocurrency

Selling your items directly for bitcoin or other cryptocurrency is a great alternative to buying it. When you buy an item it has some sort of cash value to it. Think about a video game or something similar.  You may pay $10 for the game and at one point play it all the time, but that time doesn’t last forever. You had hours and days of fun and got well worth your $10 worth. There comes a time in every items lifetime with each unique owner that it reaches a tipping point. A point in every items life where the item sits. Those are typically the type of items you sell.  Junktion has a goal of becoming the bridge between physical items and digital assets. The technology we are creating will be revealed in the following months.   We are creating a dapp that allows users to sell their items for Ethereum. Think of eBay meets crypto kitties. We think this is achievable within 2 months.

Originally published at junktion.io.


Published by HackerNoon on 2018/06/01