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Ethair Market incorporates the modern technologies that the traditional marketplaces are too afraid to tackle. It gives buyers and sellers the ability to operate with fiat currencies as well as selected cryptocurrencies. The developers have integrated Stripe for fiat payments which will allow the marketplace to support 45 countries, staying compliant with laws and regulations, and expand internationally with ease. At the upcoming launch, the system will initially support the U.S. and Canada.
For purchases using cryptocurrencies, Ethair Market utilizes an escrow service which increases security on both ends of the spectrum as funds are held by the marketplace while the goods are being delivered. If something goes wrong during the process both parties may try to resolve it themselves or involve Ethair Market to step in and investigate. Escrow service gives both buyer and seller the security that the funds will be rightly deposited on the item’s arrival. Furthermore, it helps sellers deal with fraudulent buyers, deterring them with escrow deposits and keeping the seller safe from unexpected refunds.
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