Bitcoin Forum

New Discussion Thread: https://bitcointalk.org/index.php?topic=5140007

Do you have a fixed rate fee when withdrawing funds? You didn't mention about it and not in site's FAQ as well. Also, I read this for buyer protection "Only release Escrow funds once you've received your order and are happy with it.", how would you protect the seller in this case?

Since you have ShapeShift integrated, can we pay with altcoins as well?

The withdrawal fee varies based on network congestion, we use an algorithm to pay the most optimal fee and batch withdrawals together to make sure those fees are negligible. The buyer will be forced to either release the funds (if no action is taken, the transaction is auto finalized in the favor of the vendor) or dispute the payment, at which point Escrow will be able to release the funds to vendor manually.

Not yet, ShapeShift integration was primarily to switch between coins already supported (being Bitcoin and Litecoin at the moment). We will however add in the support for paying with altcoins via ShapeShift.

That's better than a fixed rate, good to know. For the seller protection, you should put those info in the FAQ as well.
For the prices in the site, I suggest you to use only BTC or BTC or if you want to use mBTC just put mBTC instead of putting both. It was posted like mBTC BTC 2.6 as of now and it looks confusing to the buyers. ::)

Awesome then. However having ShapeShift for exchanging between the accepted coins so far is also a good idea.

Thanks for your suggestion, we have made the changes and added the explanation about the fees to the wallet page.
We will publish detailed FAQs for buyers and vendors soon :)

We have enabled the search on our website so once we get more listings buyers will be able to find your products :) Feel free to share your ideas and we will see if it is doable :)

Also, we have added web push currency alerts, once you agree to receive push notifications, you can set any pair and any condition you want (e.g. 100 LTC < 1 BTC , or 1 BTC > 6000 USD) and it will alert you within a minute of the currency rate change. Feel free to test it even if you are not planning to buy or sell on our website :)

Up. New features coming soon!

You can read about CoinMall in the Bitcoin News --
https://news.bitcoin.com/coinmall-hopes-to-build-an-ebay-for-digital-goods-powered-by-cryptocurrency/

CoinMall also allows to create 'hidden' stores and products, so if you just want to sell your product without having it listed in search or anywhere on the site, you can do that easily!

P.S.  obviously you will have to send direct link to these products to your buyers if you want to sell the product :)

Why don't you do like Electrum and let the user choose the Bitcoin base unit they want for the products (BTC, mBTC or bits)? I really deslike the mBTC indicator as this tends to make me confuse on how much Bitcoins something is really worth.

Other than that, the website looks great. What I don't like on the other competitors - such as Rocketr -, is that we can't really "browse" the website for products, as you need the shop url to see what is for sell.

From Electrum:
https://talkimg.com/images/2023/05/14/blob95d01eb2d1735e73.png

Some of you may wonder what the difference is between CoinMall and OpenBazaar. We have released a blog post explaining the difference between the two and make a case on how CoinMall differs itself from, and is better than, OpenBazaar: https://medium.com/@coinmallio/5-reasons-why-coinmall-is-better-than-openbazaar-f5470b59e8e2

We now accept DASH so you can use the website with even lower transaction fees :)

There are some blatantly scam-like offers being currently sold in your site. An example of one is this one here: https://www.coinmall.io/i/gDW2b/bitcoin-doubler-scirpt-blockchain-api-v2. Do you plan to moderate the items sold on your site or are you planning to leave this to the end users? If you do decide to take a hands-off approach to items such as this one, I could see your site start being associated with such behavior and potentially fail. If you do moderate the entries, what guidelines would you be using to differentiate between scams, scammy items, and real items?

The site has good potential, design etc. but how long can you operate without any kind of fees.What's your revenue model and also the site is not very popular yet. Any marketing plans or just promotion on bitcointalk.

We are currently looking at various options to have items moderated without deleting them.
One such option would be to give selected community-chosen users the ability to give a tag/label to items which are blatant scams. In addition, we're also adding Product Comments so users can see what other users think of the item.


Our revenue model consists of opt-in product upsells (promoting a listing in various ways) as well as launching supplementary platforms and tools in the near future. This way we don't have to charge fees for using and transacting on CoinMall.

We now speak Russian too :)
Teпepь вы мoжeтe пoльзoвaтьcя нa caйтe и нa pyccкoм :)

More languages coming soon!

That makes sense. You should also consider a system such as eBay's where each seller can have their own feedback page for people to either vouch positively or negatively and aid other users in deciding whether to purchase from said seller or not. In my opinion, this is one of the reasons eBay got so big in the first place and why their system got adopted by even bigger players such as Amazon and their Amazon Marketplace. This way, there would not be much of a cost to you when it comes to moderating items, as it will all end up being mostly self-moderated for the community. However, regulations should still be in place to avoid spam and fake feedback from being posted in the same way as it is with services such as Yelp, where people are paid to post fake reviews. I look forward to examining how you solve this.

Outside bitcoin and litecoin, when are you people going to add others coins like ripple, wave and ethereum. Some of us hold others coins and before one will convert them for the purposes of buying digital good and services the cost will be too high. The no fee idea is a good idea and I think this will favor us more than what the competitors who charge some percentage of the costs are offering.

The website already has product review system, after you purchase the product buyer gives rating to the product/seller and seller rates the customer as well. So we have both vendor ratings and buyer ratings (and vendors can specify if they want to sell product only to buyers with good rating)

We also support DASH (0.03$ tx fee compared to ~$0.15 for LTC and $1.00-3.50 for BTC) and will add Ethereum & Ethereum based tokens quite soon as well :)
We are in process of adding automatic withdrawals for multiple currencies too, so when someone buys your product  for BTC/LTC/DASH it will be converted & withdrawn to your wallet in any currency shapeshift.io supports (as soon as buyer releases money)

We've just made it even easier to visit CoinMall by acquiring the domain name CoinMall.com! No need to remember all the various extensions out there any longer.

New features and improvements coming this week!

We have updated Dash server to v0.12.2 and set tx fee much lower than before --  0.000025 DASH or $0.01, so you can buy/sell items without paying ridiculous tx fees :)
Let us know if you want to deposit/withdraw other coins too! :)

If you are already selling your products elsewhere, you might be able to import your listings  (check "Listing Import" tab in your account)  ;)

More features coming soon!

We're putting the final touches on a number of new features found below.

• Import listings and complete stores from: gumroad.com, payhip.com, sellfy, selly.gg and selz.com to CoinMall. This will help vendors migrate and populate their stores from other platforms without having to do everything manually.
• Product Variants: Add up to 4 variants to a single listing. This will come in handy for those sellers who charge extra for various packages (bronze, silver, gold) and those who offer discounts when multiples of a product are ordered.
• Magic Link: No need to memorize complex passwords, simply request a magic link to the email address you registered with and log in that way.
• ShapeShift Integration: Deposit funds to CoinMall in any cryptocurrency you want.

There's plenty more features being added and optimized, so keep an eye on this thread to stay updated.
If you have suggestions or want to see more online selling platforms being added to CoinMall, please do let us know and we'll make it happen!

Couple of updates:

Check out our r/tipbot on reddit! It allows to send tips via BTC, LTC and DASH :)

We've added Onion URL to our website: http://coinmallioncdnkj.onion :) We will change the website to make it usable without JS too!

More features coming soon!

ZCash has been added to CoinMall, you're now able to buy and sell digital products for $ZEC on CoinMall.com & tip users some $ZEC on Reddit /r/tipbot.
More updates coming soon!

You can now deposit funds to CoinMall as well as CoinTippy using the Bitcoin Lightning Network!

Read more about it here: https://medium.com/@coinmall/lightning-network-meets-ecommerce-online-tipping-a236fb4c2e06

LN withdrawals are live as well ;)