Coingig Charges DOUBLE
CoinGig is screwing/ripping off their entire Bitcoin community (imho).
Coinage Crypt has been actively seeking a new place to offer its good now that Bitmit is gone. We are hosting products ourselves, however this is temporary and also defeats the purpose, Coinage Crypt’s job is to find new people that do not know what Bitcoin is.
We introduce people to the “Bitcoin community”, not just our site. Hosting our products on another site would help the community that much more. Coingig was our first option. We created the account, uploaded the pics, in-between then and product listing it came to our attention that Coingig now charges 5%!!!
What the HECK? Why would anyone want to sell anything there ? Not only do you have to pay for the products and the shipping but now you have to pay 5% of the price ? Seems like they are going down the same road as PayPal/Ebay. Not to mention if you want to convert your BTC to USD, in most cases that’s another 1%.
Coinage Crypt will not be promoting CoinGig anytime soon.
I feel bad for all the vendors who took the time to advertise their stores, list their products and work out the profits and losses based on 2.5%, AND NOW out of the blue CoinGig doubles their fee’s ? If you ask me, this is damn near criminal.