Zutopia marketplace update - first live Zucoin trade!

Welcome, and thank you for being part of the MyZucoins community! Exciting news from the Zutopia team in the past 24 hours.

The Zutopia team announced they've completed their first live trade using Zucoin's live Splitchain network and card payment processor.

Up until this point, everything has been running on a cloned mirror of the Splitchain system to keep the testing processes separate from the main, stable Splitchain network.

The Zutopia team will release more news as it becomes available.

Make sure you're subscribed to the MyZucoins newsletter, as we'll repost the most important updates as they arrive.

Tip: If you have questions about Zutopia, it's best to contact support[at]zutopia.com

For those who missed the news, the original notification has been reposted below:

Great News! First successful trade on Zutopia

Hello All,

We are thrilled to announce the first successful trade on Zutopia using real Zucoins and Australian dollars!

On October 18th at 6:14 AEST, 0.1 Zucoin was sold for $10.00 AUD.

This is an amazing milestone, showcasing the seamless process of buying and selling Zucoins via the Zutopia marketplace.

Thank you to everyone involved for making this possible.

We look forward to more users experiencing the ease and success of trading Zucoins via Zutopia.

Transaction Process

Below is the steps involved in a successful transaction.

  1. Trade is initiated between a Seller and Buyer
  2. Funds are pre-authorised by Stripe for the sale
  3. Zucoins wallet holdings are confirmed
  4. Successful trade completed between Zucoins wallets
  5. Zutopia confirms the successful trade
  6. Stripe releases payment to the Seller.

Read the original newsletter here.

More on this topic:

Zutopia marketplace update - Zucoin wallet login and test network.

Zutopia marketplace update – payment processor integration.

Zutopia marketplace update – after second testing round.


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All the best,
—Rob
MyZucoins

Disclaimer: Of course, this is not advice, financial or otherwise. It’s also important to consider the risks and challenges associated with any potential benefits.