ATLANTA – January 22, 2019 – GunBroker.com, the world’s largest online marketplace for hunting, outdoor sports, and firearm products, is offering its millions of users a better, faster way to buy and sell online by introducing the FreedomCoin cryptocurrency. This secure digital payment option is more convenient and cost-effective than money order, credit card, and other digital wallet alternatives. As other digital payment platforms are increasingly turning their backs on legal firearms sales, GunBroker.com is moving to empower its users to complete simple, trusted transactions as they see fit.
GunBroker.com users will be able to buy FreedomCoin with U.S. dollars and store them in personal, secure blockchain wallets until needed. Buyers and sellers will be able to choose to accept and use FreedomCoin for transactions on the website.
“We’ve heard the pain points of our merchant community. GunBroker.com is tapping blockchain technology to replace the need for other costly and time-consuming payment options,” explained Patricia W. Huff, Director of Marketing at GunBroker.com. “We believe that FreedomCoin represents the future of payments and is an opportunity for people to use cryptocurrencies for everyday purchases.”
The digital wallets used to store FreedomCoin are powered by BitRail, a blockchain-backed infrastructure that enables organizations to utilize cryptocurrency and blockchain technology for payments. Users will be able to quickly convert funds from dollars to FreedomCoin and back again though an easy-to-use app. The platform provides buyer protections similar to those associated with credit cards, but includes an additional layer of security through blockchain verification, two-factor authentication, and price volatility management.
“Unlike many other cryptocurrencies you hear about in the news, FreedomCoin is a stable coin pegged to the U.S. dollar,” said Jay Zwitter, GunBroker.com Director of Sales. “Users will be able to exchange their FreedomCoin for a set amount of U.S. dollars at any time.”
Setting up a wallet is simple and only requires a valid email, cell phone number, and the last four digits of a Social Security number, which is the same information GunBroker.com already requires. Safeguards have been built into the platform to help prevent fraud and to ensure that information about users and their transactions will remain private.
To get started with FreedomCoin visit www.FreedomCoin.cc. If you are at SHOT Show, stop by the GunBroker.com booth: #15147.
GunBroker.com is the world’s largest online marketplace for firearms, ammo and accessories. Launched in 1999, GunBroker.com is an informative, secure and safe way to buy and sell firearms, ammunition and hunting/shooting gear online. GunBroker.com promotes responsible ownership of guns and firearms. Aside from merchandise bearing its logo, GunBroker.com sells none of the items listed on its website. Third-party sellers list items on the site and Federal and state laws govern the sale of firearms and other restricted items. Ownership policies and regulations are followed using licensed firearms dealers as transfer agents.
About FreedomCoin and the BitRail Platform
FreedomCoin is a “stablecoin” token available for simple, trusted transactions on the BitRail Platform. Each FreedomCoin is pegged to a fixed amount of U.S. dollars and is the preferred payment method and partner of GunBroker.com. Based in the United States, FreedomCoin Inc. facilitates the mainstream adoption of cryptocurrencies by consumers through the BitRail Platform, which complies with local money transmitter regulations and is designed to be KYC and AML compliant.