CoinBlast.com recently launched the world’s first cryptocurrency platform. With a robust and well-established strategy, the company aims to help cryptocurrency enthusiasts save up to 95% on the purchase of various coins and tokens. On May 7, 2023, CoinBlast willTwitter accountIt was announced on the website that the platform has been opened to global cryptocurrency investors.
CoinBlast’s new innovations in the cryptocurrency industry
CoinBlast’s new innovation in the cryptocurrency industry CoinBlast, the world’s first cryptocurrency bidding platform, recently launched its platform and provides services worldwide. This revolutionary platform is the first to bring the auction model to the cryptocurrency space. CoinBlast’s goal is to simplify the buying process, reduce costs, and bring excitement to every cryptocurrency purchase with up to 95% savings.
CoinBlast.com aims to change the easiest process in the cryptocurrency industry: buying cryptocurrency. To do so, the company employs a long-recognized clever strategy known as the auction model. Although auctions are not yet widely adopted in the cryptocurrency industry, it appears that CoinBlast has found a way to make the idea suitable for widespread adoption by millions of cryptocurrency enthusiasts around the world.
How does CoinBlast work?
When trying to understand how CoinBlast works, it can be compared to how eBay started, but with a slight modification. However, in the case of CoinBlast, the auction did not set a minimum and final price.
Therefore, every auction on CoinBlast starts with $0. Any user can bid on any auction, and each bid will increase the price by $0.01. In order to participate in the auction, users need to purchase BID tokens. The price of the BID token can range between $0.10 and $0.30. Therefore, when bidding, users need to pay 1 BID token to bid, and the auction price is increased by $0.01, but the price of BID is slightly higher.
Each bid changes (increases) the auction’s timer by a few seconds, which is how users win crypto at the best price. Winners automatically receive their winning cryptocurrency, a process that can take anywhere from a few seconds to a few hours, depending on the cryptocurrency network used.
Let’s illustrate with an example. Bob saves up to 95% on cryptocurrency purchases with CoinBlast. He sees an auction for $300 USDT. Auction prices start at $0 and users start bidding. After many bidding rounds, the auction price reached $7.21. Bob makes one last bid, and after the timer expires, he receives 300 USDT. Of course, Bob needs to pay a small transaction fee, excluding the BID tokens he used to bid. However, for the auction price of $7.21, Bob still won the auction for almost 300 USDT.
CoinBlast is really innovating in the cryptocurrency industry, it is the world’s first cryptocurrency bidding platform. Currently, CoinBlast supports 16 cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Tether (USDT), USD Coin (USDC), Dash (DASH), Litecoin ( LTC), TRON (TRX), Monero (XMR), Cardano (ADA), Dogecoin (DOGE), Uniswap (UNI), Avalon (AVAX), Dogecoin (SHIB ), Polygon (MATIC) and Ripple (XRP), and continues to expand its offering of currencies and tokens.
CoinBlast also offers various rewards to incentivize user participation. New registered users get up to 300% welcome bonus on their first purchase. Additionally, the platform offers rewards of up to $1,000 for each friend you invite, making it one of the most lucrative affiliate programs around. To further encourage active participation, users are challenged to complete tasks to earn rewards and can access a number of benefits through the rewards program, culminating in high-volume auctions in a special area called the VIP Room.
Joining CoinBlast.com is completely free, and anyone in the world can start a cryptocurrency auction journey immediately.
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