Categories: CryptoNews

New Bitcoin Marketplace Bitzon Launches Tomorrow

It only seems to be a matter of time until proper Bitcoin marketplaces are established. Although solutions such as OpenBazaar have their appeal, it is not the most convenient way for the average person on the street to think about spending Bitcoin. Whether or not Bitzon can fill that gap, remains to be seen, but it is a somewhat interesting concept for sure.

The Merkle does not vouch for Bitzon or any of its services and members. Always do our own research before making a purchase.

Bitzon Targets Bitcoin Lovers

It has to be said; Bitzon

is not the first Bitcoin-oriented marketplace to launch. This concept has been tried multiple times in the past, albeit very few platforms are even remotely successful. Even companies such as Purse.io, while offering significant discounts, are only seeing a fraction of the volume they one day hope to process.

What Bitzon wants to do is create a more traditional online store where Bitcoin is the only accepted payment method. To some people, this may appear to be a big red flag, as Bitcoin is a non-refundable cryptocurrency. Anyone who only accepts bitcoin as an unknown brand and without escrow services looks suspicious. But do not judge a book by its cover just yet.



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The creators of Bitzon have been part of the BBooster accelerator and were on the radar of investment fund

Sinensis Capital. Neither of those names may ring a bell for people outside of Spain, though. At the same time, it goes to show this concept has been thought out well, and was not created overnight, unlike some other Bitcoin marketplaces.

For now, the primary target for Bitzon is the European market. Items can be delivered to a healthy amount of countries – excluding Belgium, for some reason – and there are quite a few different products to choose from. A total of ten different categories has been created, containing over 9,000 items from smaller and bigger brands.

The launch of the Bitzon platform is scheduled for tomorrow afternoon. It will be interesting to see if Bitcoin users will give the platform a try, as it has no feedback or reputation to live up to just yet. Having more options to spend Bitcoin on everyday needs is never a bad thing, though. Plus, there will be a 10% discounts during the launch period, which is not too shabby at all.

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JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

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