Ethair Market selectively picks cryptocurrencies valid for our platform based on multiple factors. We expect to be able to support different types of cryptocurrencies as the platform progresses.
Learn more about our currently supported cryptocurrencies below.
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
Litecoin is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Litecoin was an early bitcoin spinoff or altcoin, starting in October 2011. In technical details, Litecoin is nearly identical to Bitcoin.
EHTR is an Ethair Market native token that provides various benefits to its users just by owning a certain number on the Ethair Market. It is built on one of the biggest cryptocurrency blockchain platforms in the world called Ethereum.
Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform. After Bitcoin, it is the largest cryptocurrency by market capitalization. Ethereum is the most actively used blockchain.
Bitcoin Cash is a cryptocurrency that is a fork of Bitcoin. Bitcoin Cash is a spin-off or altcoin that was created in 2017. In November 2018, Bitcoin Cash split further into two cryptocurrencies: Bitcoin Cash and Bitcoin SV.
USD Coin (USDC) is a type of cryptocurrency that is referred to as a stable coin. You can always redeem 1 USD Coin for US $1.00, giving it a stable price. On Coin Base, eligible customers can earn rewards for every USD Coin they hold.
Dogecoin is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a joke, making fun of the wild speculation in cryptocurrencies at the time.
Ripple is a real-time gross settlement system, currency exchange, and remittance network created by Ripple Labs Inc., a US-based technology company.
Frequently Asked Questions
Can I deposit cryptocurrency to Ethair Market?
Currently, you can only deposit as a Buyer when purchasing items with cryptocurrencies, that is when you deposit to our escrow process wallet. The deposit feature of cryptocurrencies to an Ethair Market user wallet will be added at the later date.
How can I avoid paying TX fees?
Using ETHR Token allows you to avoid paying Transaction fees due to off-chain transactions which results in no transaction and settlement fees.
How can I withdraw cryptocurrency from Ethair Market?
As a seller, you can withdraw your cryptocurrency after your item has been accepted by the buyer. Visit your sold item page, and each individual item will allow you to withdraw your funds from the escrow account into the wallet you provided.
Can I see the TX fees before withdrawing from the escrow account?
Yes, our Fee Estimator will allow sellers to check the fees before withdrawing from the escrow account. Optionally you can use the bulk withdrawal function to withdraw multiple payments from escrow at once, and save on blockchain TX fees.
Do I pay TX fees on cryptocurrency refund from the escrow account?
Yes, if the item purchase has been canceled our automated process will return the funds to the Buyer. In that case, the Buyer will have to cover the TX fees.