Bitcoin Forum

Hello everyone!
I'm creating a project with a temporary name "CryptoShop".
The idea is give to the community an ability to buy stuff from big players on the market (like Amazon) directly using cryptocurrencies

I would like to know your opinion and get some kind of feedback.

Thank you  :)

Is this a screw service to buy some stuff on Amazon using cryptocurrency? A lot of e-commerce nowadays runs by blockchain which they use a token to buy and sell on their platform.
But this idea is good enough if you put more information.

We will not release our own tokens, we're going to be an intermediate service

Did you analyse existing solutions, markets in web?

It's like a third party website that just connects you to the biggest and leading e-commerce websites. **Correct me if I'm wrong with this.

Is this what the diagram looks like.

Customer pays crypto ----> Cryptoshop uses PayPal or any payment method in $$ ---> Amazon and other not crypto accepting shop.

Yes, the diagram is correct :)

The question is actually this: are you able to compete with existing services that already do this.
Purse is pretty much exactly the sort of service you're describing, they're also pretty successful.

What stores did you have in mind, other than Amazon?

Sounds very interesting, would like to know how you plan to integrate with existing networks?

If we will not try to compete - we will never know :)


We decided to implement eBay, Amazon, and Ali-express.

I do not clearly understand your question, could you rephrase the question, please?

Where are you based?

How will you service clients all over the world? Will you determine the best vendor after understanding what the buyer wants and where they're located?

It's so interesting, but I think you must notice service and delivery.

Hi! Like Amazon??? You have very ambitious plans. But it's good. Do you already have a design of the store? How will this store comply with regulatory standards? How will the business model function?

So you are paying these services, but where are the goods send to? When I buy on say eBay or Amazon the shipping fees are

charged to my address.  ??? Will you have to add "shipping fees" for the goods to be send to your address and then to the

recipients address? <because this will make your service a lot more expensive?> I know Purse get some kind of discount and

they even push that discount onto the customer, so it makes buying through them a lot more attractive, if the customer gets

a discount, when they buy though the intermediate service. Do you add extra fees for this service, because that would make

this even more expensive.  ::)

How is that different from using cryptocurrency to buy a gift card and then using this gift card to buy on Amazon? I've been doing it without problems. There are already services that can give you an amazon gift code within minutes of your crypto transfers. It basically takes 15 min for your coins to get to the processor and to your Amazon account, I've tested that with success a couple weeks ago. How are you going to be different, and if you aren't what makes you think you can compete with them and win?

I found this site that provides this service https://bookcoinshop.com (https://bookcoinshop.com), but as I said on that topic, trust is the most important thing in designing those sites.
You need a powerful escrow service to ensure your site is honest, as well as handling all your requests will be impossible.

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I suggest the following:
Create an online selling site as localbitcoin, who have accounts [PayPal, Amazon] and others who have [Bitcoin and altcoins].
The site provides an escrow service until shipment and confirmation of the product, buyer release escrow.

So you are planning to give people aP dream come true then. Purchasing an item on a major online shop with a cryptocurrency is what crypto holders want. In this matter, we can now fully use the word "currency" on its name not only for an investment. A crypto mode of payment is a good idea and a chance to have more crypto users.

Thank you for your response! This is very important for us!

many project using payment with bitcoin or altcoin, example : wabi, Pundi X 
this it good idea if you combined with project success in crypto 

Great idea! You could use some platform like Shopify, and develop with crypto payment ;)

At least I can see the model of it

May I understand more how does it run? I don't think the shops/ companies are directly accepting cryptos right? More interest to know