How it was. Evolution of Minexcoin payment system. (Part 5)

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Minexcoin | MinexPay Blog

3 min readMay 9, 2017

In this post we will discuss the last element of Minex Ecosystem — MinexMarket.

We are aiming at developing Minexcoin not only as a necessary resource for using such platforms as MP, ME, MB, but also as a mean of payment for regular goods and services.

By creating MinexMarket, we are going to facilitate the process of establishing Minexcoin as a payment mean and value equivalent.

When Bitcoin was introduced, it was used for buying goods or services on the resources that are not designed for such purposes (forums), and to a certain extent it affected the speed of the currency expansion. Creation of MinexMarket will simplify the process of buying and selling goods and services for Minexcoin, increase the popularity of minexcoins and accelerate recognition of this cryptocurrency as an equivalent of value, consequently resulting in better demand for the coin among mid-term and long-term investors.

Currently, the main cryptocurrency holders are investors or short-term traders (resellers). New participants and sellers will increase the number of the currency users resulting in the growth of liquidity and capitalization.

More details about MinexMarket

MinexMarket is a platform, where everyone can put up goods and services for sale for minexcoins, and buyers can buy them using minexcoins quickly, securely and easily.

Besides individual usage, there is a possibility for existing online shops to sell their goods on the MinexMarket by downloading catalogues of their products. In general, MinexMarket will be similar to those online resources where you usually buy goods or services except for the payment mean: only Minexcoin can be used.

In addition, MinexMarket will offer escrows and debit cards for making purchase process even more easy and secure compared to the fiat economy.

You will be able to access MinexMarket using web client and mobile applications on Android and IOS. Due to the fact that the market is a cross-platform one, it is user-friendly and involves even greater number of participants.

As the result, you will be able to use minexcoins for buying regular products and services, or vice versa: for selling them for minexcoins. Our goal is to make MinexMarket a new trading platform for goods and services using cryptocurrency.

All goods ans services added on MinexMarket will be traded only for minexcoins. Between May 15 and June 13, there will be an ICO, during which you’ll be able to get coins at low price and bonuses and use them for purchasing any company’s share or other digital assets on the MinexExchange. In order to get coins, please register on the ICO page: https://minexcoin.com/?r=site/ico