Sunday, May 28, 2023

Coinblast Launches The World’s First Cryptocurrency Auction Platform recently launched the world’s first cryptocurrency platform. With a solid and well-developed strategy, the company is ready to help cryptocurrency enthusiasts save up to 95% when buying various coins and tokens. It was announced by Coinblast on May 7th, 2023 Twitter account That platform is available to crypto-investors from all over the world.

A new innovation in the crypto-industry

Coinblast, the world’s first cryptocurrency offering platform recently launched its platform and made it available worldwide. This revolutionary platform is the first of its kind to introduce an auction model in the cryptocurrency sector. Coinblast aims to streamline the buying process, reduce costs and inject excitement into every cryptocurrency buying transaction with savings of up to 95% on purchases. aims to revolutionize one of the simplest processes in the cryptocurrency industry: buying cryptocurrency. And for this the company has adopted a well-known and intelligent strategy, the auction model.

Although auctions are not yet widely used in the crypto industry, Coinblast seems to have found a way to make the idea suitable for widespread adoption by millions of crypto enthusiasts around the world.

How does Coinblast work?

When trying to understand how Coinblast works, you can think of how eBay started, but with a slight remix. However, in the case of Coinblast, there is no set minimum and final price for the auction. Therefore, every auction on Coinblast starts at $0.

Any user can bid on any auction, and each bid placed on an auction will increase the price by $0.01. In order to bid in an auction, users must purchase BID tokens. The BID token price can range from $0.10 to $0.30. So when bidding, users give 1 BID token to bid and the auction price goes up by $0.01, but the BID price is slightly higher.

Each bid placed in the auction changes (increases) the auction timer by several seconds, allowing the user to earn cryptocurrencies at the best prices. The winner automatically receives the amount of the winning cryptocurrency, and the process can take anywhere from a few seconds to a few hours depending on the cryptocurrency network used.

Let us take an example. Bob uses Coinblast to save up to 95% when buying cryptocurrency. View the auction for 300 Tether (USDT). The auction price starts at $0 and users start bidding. After several bids the auction price reaches $7.21. Bob makes the final offer, and after time runs out, he receives 300 USDT. Of course, Bob would have to pay a small fee for the transaction and give out the bid tokens used to place the bids. However, Bob still earned around 300 USDT at the auction price of $7.21.

Cryptocurrencies and rewards

In fact, Coinblast is innovating in the cryptocurrency industry as it is the first cryptocurrency offering platform in the world. Coinblast currently supports 16 cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Binance (BNB), Tether (USDT), USD Coin (USDC), Dash (DASH), Litecoin (LTC), Tron (TRX) , Monero (XMR) ), Cardano (ADA), Dogecoin (DOGE), Uniswap (UNI), Avalanche (AVAX), Shiba Inu (SHIB), Polygon (MATIC) and Ripple (XRP) and with new coins being added all the time! Is expanding the offering and token.

Coinblast also offers various rewards to encourage user participation. New registrants get a welcome bonus of up to 300% on their first purchase. In addition, the platform offers a reward of up to $1,000 for each friend you invite, which makes its affiliate program one of the most profitable. To further encourage participation, users are challenged to complete rewards missions and can access multiple benefits through the rewards program and finally in high volume auctions in a special section called the VIP Lounge. You can start participating.

Joining is completely free, anyone around the world can start a cryptocurrency auction day today.

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
Latest news
Related news


Please enter your comment!
Please enter your name here