OpenBazaar is a free online marketplace and a peer to peer application that doesn’t require middlemen, has no fees and no restrictions. On December 20, OpenBazaar published the list of development updates in its blog, where it was stated that shortly after launch Bitcoin fees significantly increased, making buying and selling everyday items and services difficult on OpenBazaar.
In order to present more options to users so that they can avoid Bitcoin fees, OpenBazzar marketplace team will start working to integrate the coins Bitcoin Cash, Zcash and Litecoin.
Testing for Bitcoin Cash and Zcash has begun and OpenBazaar is at the beginning stages of exploring how Litecoin integration would work.
It is worth noting that all the cryptocurrencies that the marketplace is going to add are showing the increase in price, for example Bitcoin Cash has risen 98.25% within past week, and Litecoin has grown 10.85% while Zcash jumped 54.28% during the same amount of time.
At the moment of press, the prices of the cryptocoins are as follows:
- Bitcoin Cash: $3 742,47
- Litecoin: $327,76
- Zcash: $710,63