Ecosystem Brings Online Marketplace, Automated Crypto Trading and Tax Advice in One Place

Published on by Cointele | Published on

An upcoming ecosystem hopes to create a suite of services that will make it easier for cryptocurrencies to be used in everyday life - including professional bookkeeping, legal, and accounting services to protect a user's interests.

MillionCoin says its platform is geared towards investors who are interested in crypto but don't necessarily have in-depth technical knowledge about how it works.

Users would be able to exchange cryptocurrencies effortlessly and perform payments quickly while limiting the fees associated with their transactions.

The beating heart of the ecosystem would be a marketplace known as the One Million Shop, allowing items to be purchased without the arduous process of converting crypto into legal tender first.

Although multiple cryptocurrencies will be supported by the store, users would experience "Additional benefits" if they use the ecosystem's native MON token - including discounts and exclusive access to special features.

Automated transactionsMillionCoin's marketplace is complemented by an intuitive trading system which allows transactions on cryptocurrency exchanges to be completed automatically.

Experienced crypto holders also have the chance to set their own parameters for buying and selling cryptocurrencies if they prefer.

The commission charged by the bot on transactions is calculated by looking at each user's turnover for the past 30 days, and there are also fees associated with completing transactions on crypto exchanges.

The company also plans to offer its services externally, meaning clients can ask the team to build crypto exchanges or trading applications on their behalf or seek programming assistance with an upcoming crypto-based project.

Other services on offer include specialist advice on the legal and tax issues associated with trading cryptocurrency, helping customers to remain compliant in their country even if there is a "Lack of explicit and exhaustive regulations." The fees charged for this expertise will be settled through crypto, including the MON token.

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