Auctions on the CoinGoCoin platform

In 2018, only global trading in fine arts, applied arts, and antiques reached $29.1 billion. At the same time, 19% of all sales happened online. And by every year the percentage of online bidding at public auctions around the world is increasing. 

According to the experts electronic trading platforms for auctions have some indisputable advantages. For example, they increase cost-effectiveness of sales, save time and finances, ensure maximum participants outreach, and, not least, eliminate any corruption.

One of the platforms for auctions is CoinGoCoin which is an electronic trading tool and an online portal for real-time trading and auctions. CoinGoCoin allows sellers and buyers to simply, quickly, and confidentially perform transactions and choose the best bid and offer, and also the best cost/quality ratio. It makes selling and buying transparent and open and also expands the outreach to participants.

CoinGoCoin also offers bidders 2 options for their participation in the transaction. The platform can either act as an escrow agent who without directly taking part in the transaction acts as a guarantee giver of obligations performance by the parties to the contract. In this case it also ensures the safety of the valuables or funds involved in the transaction in a specially provided “escrow account” until the purchase and sale of goods or services is fulfilled in accordance with the terms of the contract. Or, otherwise, CoinGoCoin can act as an intermediary bringing the buyer and seller together and letting the onwards communication between them occur directly.

In any of these cases the Anonymous Transactions Blockchain technology is used by the CoinGoCoin platform. It lets you register all transactions as a book of account that participants can view at any time. As a result of using this technology, all operations performed on the site became more transparent. Users are not required to provide any personal information such as credit card or bank account information. Instead, each user is known by the address of their wallet which is an alphanumeric code consisting of 26-35 characters. Thanks to this, we are able to maintain complete anonymity at CoinGoCoin which of course is an additional advantage for all auction participants.

Among other advantages of CoinGoCoin it’s worth naming that the platform allows closing transactions using both fiat money and cryptocurrency available on the platform.

A wide range of goods may participate in the auctions, including:

  • Currencies: Bitcoin, Litecoin, Ethereum, Monero, Dogecoin, Stellar, Tron, Cardano, Bitcoin Cash, NEM, Paxos, RUBT, WTS, PRISM, TAN, RUB, EUR, USD;   
  • Loans: short-term, medium-term, long-term loans and swaps;
  • Valuable securities and gold: gold certificates, silver coins, promissory notes, and drafts; 
  • Education: training courses, online webinars, trainings, marathons, specialized consultations;
  • Lotteries;
  • Property: commercial and residential property, land, parking garages and storage facilities, apartments and villas for rent;
  • Antiques: paintings, collectible coins, figurines, antique watches and more;
  • Business for sale: ready-made offline business, franchising; online store, website, blog, application; domains; advertising platforms, channels, pages;
  • Travel packages: holiday and customized tours;
  • Food products: coffee, cocoa, tea, chocolate; patented food products; seafood; meat industry products; vegetables and fruits; cereals; wine products; medicines and food supplements;
  • Services: brokers and traders; developers and programmers; builders; accountants, auditors, financial analysts; lawyers and attorneys;
  • CoinGoCoin discounts: 25% to 100% discounts on trade, exemption from payout commission, bonuses for registration on CoinGoCoin, consultation with a broker;
  • Urgent requests: cars, watches, jewelry, cell phones, luxury clothing, freight transport, equipment, laptops and tablets, collectible toys for children, paintings and pieces of art from artists.

So, if you own any antique or vintage items (vases, paintings, pieces of art, etc.) and you have no idea what to do with them, we suggest placing them on the CoinGoCoin platform and selling them through an auction. It will save your resources, expand the geography of participants, provide a maximum outreach, lower your risks, provide all bidders with equal conditions, and exclude lobbying for anyone’s interests.

In our turn, we guarantee that you’ll get an honest trading environment and the complete anonymity of your transaction.