Ninja Cash is a decentralized peer to peer (P2P) cryptocurrency exchange, that allows users to trade crypto for cash. Anonymously.
ninja.orgThe concept is simple; Ninja will allow users from all over the world to buy and sell cryptocurrencies. Breaking down barriers that exist on traditional platforms, there is no extensive KYC process that users need to go through. You don’t need a bank account to use Ninja; this means that over 2 billion people in the world, who are currently restricted when it comes to using traditional platforms will be able to buy and sell cryptocurrencies with cold hard cash.
By allowing users to remain anonymous and securing the transactions using the blockchain, we are going back to the roots of the cryptocurrency movement. Where the plan was to move away from banks, and any other organization that is centralized and move towards a decentralized money movement.
How it worksWhen you want to buy or sell Bitcoin (BTC) or Ethereum (ETH), you head over to Ninja and create a listing. Ninja will let any other ninjas in your area know that they can buy or sell BTC and ETH, for the agreed upon price. Ninja is location-based, so only buyers who are in your area will be notified.
Sellers become stations — locations where users can meet up and make the trade. Stations can set their own price for selling, — once a fellow ninja wants to buy off of you, they will “shake” on the transaction. All you need to do is accept their “shake,” you have now entered into a smart contract, your funds are held in escrow until you shake again.
The next step is to meet up with the buyer and finalize the transaction. The whole process is secured by a smart contract (everything is open sourced on Github); therefore, once you have paid for the crypto, the amount will be released from escrow and automatically transferred to the buyer’s wallet. Simple and secure.
Ninja StationsNinja Stations are where the trades happen and the backbone of Ninja Cash. Allowing Ninjas all over the world to meet up and trade cryptocurrencies, while staying anonymous — and secure. You can become a station by clicking on (+) button at the center of the taskbar.
Local is better.Set your own prices
Here we show you the current market price as a base point for you to determine how much you want to sell at. Then you will be able to add a percentage of selling/buying price that you feel comfortable with. With this percentage, you will not need to adjust the final price regardless of the fluctuation. Remember to activate your shop so users will be able to see and visit!
Why did we do it?We wanted to create a platform that everyone could use, no matter the location and no matter their bank status. The current platforms have high fees, and more have extensive KYC practices, with some exchanges inching closer and closer to traditional banking models.
Ninja takes you back to the basics — Connect with crypto users globally. Trade anonymously. Only pay for the gas.
Want to be a seller? Join us here for 1 ETH welcoming gift!
ninja.org
