Announcing Cryptoauction
Hello All,
I am writing to announce the startup of Cryptoauction, a Bitcoin auction site with a difference. We use multisignature escrow accounts. What does this mean for you. Well it means that for an escrow account you have a private key which we don't store and we have a system private key for the item and both are required to finalise the payment. So when you place your funds in escrow with us for an item there is no single point of failure as there would be with a "hot wallet" system.
Cryptoauction is the only auction site that offers this facility so far and we feel that multisignature escrow accounts are more efficient than cold storage.
Come have a look and try out the user friendly platform.
We offer
• Free listing • 2.9% Sales commission capped at a maximum commission of Eur 100 • Multisignature Item Escrow Accounts • Fully automatic payment processing • Seller review and dispute resolution system
Give us you feedback. Enjoy!
Thank you,
The Cryptoauction Team
submitted by Cryptoauction
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from Bitcoin http://ift.tt/1sWLCHb
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