Crypto Market is one of the lesser known markets on the internet, belonging to a group of darknet markets.
Unlike their regular internet market counterparts, such as Amazon and Ebay, they trade mainly in illicit goods and services, and can only be accessed via a setup designed to avoid detection or identification across the internet.
And unlike the sites such as Amazon and Ebay, this market trades solely in Bitcoins.
What is Bitcoin?
While most of us have heard the term “Bitcoin” before, the majority of us only have a vague idea of what it actually it.
It is true that Bitcoin is a currency, like American dollars, or Euros, that can be used to purchase goods or services, but it is also at the same time vastly different to these currencies.
It is the most widely known and most popular cryptocurrency available today, which explains the use of the currency as a sole means of doing business on Crypto Market.
What is a cryptocurrency?
A cryptocurrency is a type of currency that exists only in digital form, unlike traditional paper currencies.
Transactions in cryptocurrencies are made by a form of exchange that requires a type of encrypted handshake, if you will, over the internet.
Cryptocurrencies are decentralized, so are not governed by any particular bank or country, making them a global currency that can be used by anyone, anywhere.
The majority of cryptocurrencies can be purchased, sold, and transferred, all in an anonymous fashion.
How to get Bitcoin for purchases on Crypto Market
If you do not already have any Bitcoin, and you would like to make a purchase on a darknet market, or Crypto Market itself, then you will need to set yourself up with a Bitcoin wallet and purchase some Bitcoins to put in it.
There are many different Bitcoin wallets you can choose from, such as an online wallet, a wallet on your cell phone, a wallet on your computer, and more.
Once you’ve got a wallet, then you can purchase Bitcoins to send to yourself from an online exchange, an in-person arranged to meetup with another person selling Bitcoins, and even some Bitcoin ATMs.
Why is Crypto Market Bitcoin only?
While some other markets accept exchanges in other cryptocurrencies, such as Dash, Crypto Market uses Bitcoin as its sole means of doing business.
This is likely because it is the cryptocurrency that most people are wanting to trade in.
Offering second and third choices is not seen as a big deal because buyers and sellers are likely not asking for it.
What can I purchase with Bitcoin on Crypto Market?
As mentioned before, Crypto Market generally trades in illicit goods and services. You can pick up a wide variety of pharmaceutical and illicit drugs, alongside hacking tutorials, illegal Netflix accounts, miniature scales, and so much more.
There really is a huge amount of items available on the site, it is best to have a browse around to see if you come across anything you like before going ahead and making a purchase with Bitcoin.