SPONSORED POSTS : { CGKS.com } { Click here to showcase your auction! }
Send us your domain names with BIN to be included in the daily picks section : { Click here! }
Buy and sell domains using bitcoin escrow for fee as low as 0.5% : { Click here! }
Send us your Buy requests to be included in the daily list : { Click here! }

Major Chinese bitcoin exchange Houbi.com founders “bitcoinizing” domain trades after 2 days at YPT.com

As you see in this image, Huobi is one of the most popular bitcoin exchanges in China. What they are doing now is, copying the trading mechanisms used in cryptocurrency trades to domains in a new platform called YPT.com.  YPT.com is going to launch in 2 days.

ypt.com

Cryptocurrencies can be bought in fractions unlike domains. In a typical exchange, you can have a leverage of certain X your original funds. You can “long” or you can “short” a trade. Longing is using a leverage in hopes that the price is going to increase. Shorting will do the opposite. All this is going to come in domains used as assets. As per a tipoff I received from @apprich, a Namepros member as well as our Whatsapp group member, the bitcoin investors who registered in YPT.com crosses 2500. So, YPT.com will be domain trades handled like cryptocurrency trades. @apprich says one would be able to buy 0.0001 of 4L.com via YPT.com. What this could mean is, influencing a good number of crypto only investors for domain names. There could be money flowing between these two digital investments then and I feel domain names will have the larger benefit. Domain name investments do not have the large marketcap of cryptocoins. Domain names are less volatile than crypto where big changes could happen in minutes. Turnover in domains might increase, hence the prices.

houbi

This is from the home page of YPT.com. All these guys worked at Houbi. They are not at present with Houbi but doing a “Houbi” with YPT.com using domains! Houbi gets translated to “fire coins network” in English.

houbi.com

Their trading window looks exactly like a cryptocurrency exchange trade window. And the explanation of leveraged positions here matches the cryptocurrency trading system.

As of now 95% of the cryptocurrency investors know nothing about domain name investments. YPT.com could make a difference. It is very welcoming guys from crypto background are starting something like this. I see YPT.com as silver sponsors for the GDS Day summit. Their launch is synchronized with the summit.

In my opinion, domain name investors can learn about Cryptocoin investing and vice versa and it will be mutually beneficial. Both are digital investment forms.

Join Chinese domains Whatsapp group

Join Cryptocoin investing Whatsapp group

Jijo Pappachan

Jijo Pappachan is a Chinese Domain names investor, trader, broker, author, and blogger. He started domaining in 2015 and made it big during the surge that time. He has sold more than 1000 domains. He is part of DNOAi, Domain Name Owners Association of India.
[Disclaimer: My analysis could be wrong. Do your own due diligence while making investment decisions. If you want me to write about something specific, email me.]

Comments 1

Leave a Reply

Your email address will not be published. Required fields are marked *