The cryptocurrency pawn shop: How to sell anything for Bitcoin
March 15, 2018
March 15, 2018
Junktion is a new and interesting platform. Currently, Junktion is known by some of its users as a cryptocurrency pawn shop. We understand why Junktion is known as the crypto pawn shop and are fully embracing that reputation as the place to sell things for crypto. We are aiming to become synonymous with the best place to sell items for crypto and we are writing this today to give people a better idea of we can help them invest, push adoption, and recycle. That is the cryptocurrency pawn shop mindset that we currently have
Junktion will buy almost anything you have for sale in exchange for almost any cryptocurrency. we made this blog post to talk about what we buy. Click here to get your mind going about what you have that can be turned directly into cryptocurrency.
We want to provide everyone with the opportunity to take place in the once in a lifetime opportunity that cryptocurrencies can provide. Our crypto pawn shop was started around the idea of adoption. The digital age is coming and we want to help people prepare by being a bridge between physical goods and digital assets. Junktion cares about connecting people with whatever crypto they want and allowing them to invest in this new digital future
Junktion has a ton of moving parts and a lot of major plans in the future but this is how it works.
How does the cryptocurrency pawn shop work?
You identify the item(s) you would like to sell for cryptocurrency. We can supply you with almost any coin you could want. If it is on Binance or Bitrex we can most likely get it for you. You will always be asked about the cryptocurrency you would like to earn. Again, Junktion wants to be known as the place to sell your items for crypto. We want to make it as easy to earn crypto without using cash. All while giving our users a liquid amount to their physical goods so that is can be turned into crypto at any time.
Your items are losing value
Don’t be shocked, You know your items are going to decrease in value. When you buy a car, It depreciates as soon as you drive it off the lot. At Junktion we want to provide you with the opposite experience. We want you to take something that you do not like or use anymore and turn that into something that will most likely increase in value and so our service, is buying physical items in exchange for cryptocurrency. The nickname and title of this article, the crypto pawn shop seems appropriate.
How do we differ from a traditional pawnshop
We do not allow traditional pawns. We will not hold your item in any way. We will only purchase the item outright. There are lots of different items that we are interested in purchasing. For a list to get you brainstorming what you have click here.
Pawn Shops pay in cash. We pay in Cryptocurrencies
We really care about the entire cryptocurrency revolution that is happening. This is a once in a lifetime shift in wealth. Junktion wants to help connect people to these new currencies by being the bridge connecting physical goods and digital assets. So what does that mean? It means that we are the people to sell physical goods to in exchange for bitcoin, Ethereum, Stellar, or whatever your favorite cryptocurrency might be.
How does someone use the cryptocurrency pawnshop
Although we are not a pawnshop per say, If you would like to earn more cryptocurrencies one of the only legitimate ways for you to do so is to sell your items for crypto. Lets take a look at this example:
Eric comes to our site and suddenly remembers those video games in his closet from years ago. He also just discovered cryptocurrencies. He knows that the price of those videos are just going to decrease meanwhile, he has a firm belief in the technology of a certain crypto that he wishes to hold. The main goal of holding or hodling is to make money on the coins by waiting for a good time to sell.
In the example we are the perfect solution for Eric. Junktion helps him in the following ways.
- Junktion gives Eric an instant offer on anything he wants to sell to us. This creates liquidity and a bridge between physical items and the digital assets.
- Eric is now an investor and is furthering himself as an investor by converting his physical items into cryptocurrency. Everything has a value that is tied to your asset. If that asset is not appreciating in value and you don’t use it you should turn it into cryptocurrency because it has the potential to do so.
- Junktion is helping Eric recycle. By having him give us his things we are going to connect them to their forever home. We either donate or sell the items people sell to us so that they will be taken care of and will be used.
That is the cryptocurrency pawn shop mindset that we currently have and going forward we will continue with an outlet to allow our users the opportunity to eanr cryptocurrency without having to pay money.
Junktions nickname as the crypto pawn shop or bitcoin pawn shop is somewhat deserved but not entirely correct. It is possible that in the future we will allow for more traditional cryptocurrency pawn loans. For now, we will continue our mission to be the best place to sell things for crypto on and in the meantime, we will continue to embrace the nickname of the crypto pawnshop.