Weig Rate
3 min readOct 2, 2017
WEIGRATE AUCTIONS

EXCHANGING ITEMS FOR CRYPTOCURRENCY

The bare mentioning of ‘cryptocurrency’ gives a lot of people a lot of different ideas. But what is most conversant of these various ideas is that they all point in the direction of investments, which includes the buying and selling of items, devices or property to different clientele in a view to make profit in a long or short run. The cryptocurrency is not just any ordinary digital coin or currency. Many believe it has no use, other than being a form of online cash. In spite of the speculations, what is factual about any digital coin found in any online marketplace is that it can be used, primarily and secondarily, as a form of exchange.

When a user has the cryptocurrency in possession, there are a lot of investment options that can be considered and delved into. The Weigrate team provides for the platform and its unanimous users to be able to use the cryptocurrency, not just as a form of exchange, but as an auctioning chip or tool. To exchange items, whether in a sale situation or buying scenario, what is needed and accepted as a form of legal tender is the cryptocurrency. On Weigrate, the essence of the digital coin comes into full play during auctioning, as the sessions are aimed basically at selling, buying and reselling of items, goods or property.

Quite a good number of people have the keen interest to try their hand in the investment sector, using the digital coins. They do so because through one medium or the other, probably upon research or hearsay, they have come to realize that investing in the cryptocurrency is a highly profiting endeavor. Also, they may have also found out that the digital coins are day by day becoming a currency that is in high, vast and popular demands in nearly all niches in the different online and offline marketplaces there are in the world. People will want to invest in cryptocurrencies because they see that the previous investors have had success stories involving seamless and much revenue accumulating business transactions done on the various platforms, of which the Weigrate is relatively inclusive.

But the problem often with these seemingly pending investments by prospective investors is that not all of them, quite a majority of them, in fact, do not have the monetary resources to invest. A lack of capital is always a pressing impediment in all forms of investment. This often makes the prospective investors to call it quits before fails, choosing to go do something less demanding of money. Despite the lacking of the individual prospective investors, they must have something to sell in order to raise enough capital. The belonging owned can range from a handmade item, metal scraps, fairly used items, real estate, business ideas and plans, inherited property, and so on. It could as well be a service one would be able to render to clients on business grounds. The reality is that no matter how small or large or odd-looking an item may be, it still has some value in the marketplace, no matter how infinitesimal. The Weigrate makes it possible for such prospective investors to be able to put up those items or services for sale on the platform. Upon bidding and arriving at a sale, the vendor will get the profits allocated to his/her Weigrate account. Henceforth, the prospective investor (vendor) will be able to choose a payment option that enables withdrawal that ends up with a cryptocurrency payment.

This is the true essence of auctioning. Anything can be sold bought to amass some volumes of revenue enough to start the proper investments in the cryptocurrencies. Users will be able to make the most of the advantage on the Weigrate platform.

www.weigrate.com

www.wrtcoin.com

www.weigrate.ltd