Coin trading platform Instacart is set to launch a new online platform where customers can trade Bitcoin, Litecoin and Ethereum using a QR code.
The platform is set for launch in the first quarter of 2019.
The new platform will allow customers to trade cryptocurrencies such as Bitcoin, Ethereum, Litecoins, Dash, and Ethereum Classic in the United States, Canada, Germany, Mexico, Switzerland, the United Kingdom, Australia, New Zealand, India, South Africa, the Middle East, Australia and Latin America.
Instacart CEO, Dan Caffrey, said in a press release that Instacarsts goal was to “create a marketplace for digital currency trading.”
The platform will be operated by CoinTalks, an Instacarts subsidiary.
Caffrey explained that Instas platform will include “two different types of platforms: a mobile app and a desktop app.”
The mobile app will allow users to interact with the market using their phone, tablet or laptop.
The Instacars mobile app is expected to launch in late 2019 and allow customers the ability to buy and sell cryptocurrency in multiple currencies including Bitcoin, Ether, Dash and Litecoin.
Caffery said that the platform will also allow users “to buy or sell fiat currencies” including the Australian Dollar, British Pound, Japanese Yen, Chinese Yuan, Canadian Dollar, Japanese Rupee, Singapore Dollar, Brazilian Real, Russian Ruble, Swedish Krona, Japanese Yuan and Swiss Franc.
Instacarrs mobile app “will allow users the ability sell fiat currency using the same account and will allow for an instant conversion between currencies.”
Caffery added that Instaarcs platform will enable users to “exchange money instantly, without waiting for other parties to approve the transaction.”
Instacarcs website will allow “buyers and sellers to seamlessly exchange money instantly and securely.”
Cafferey explained Instaarsts platform will provide customers with a variety of options including: a secure online wallet, mobile app, desktop app, and mobile wallets.
Instaarrs is also set to offer an API that will allow third-party developers to develop decentralized exchange applications.
Instarars platform will “allow users to sell fiat and cryptocurrency currencies on Instacaro, a decentralized exchange platform, in the U.S., Canada, and many other countries around the world.”
Instaarts platform will have a global network of over 25,000 Instacarro users and more than 2,300 Instaaro members, Caffre said.
Instarcaro has “over 3,000,000 members around the globe.”