Overview
What is PointsBazaar?
PointsBazaar is an innovative peer-to-peer marketplace for buying and selling airline miles and loyalty points. Built on blockchain technology, PointsBazaar uses smart contract escrow systems to ensure every transaction is executed securely and transparently between buyers and sellers.
Core Features
Secure Transactions
All funds are locked in smart contract escrow accounts on the Base blockchain and are only released when contract conditions are fully met. PointsBazaar cannot directly access your funds—all transactions are publicly verifiable and auditable.
True Peer-to-Peer Trading
No middlemen taking cuts. Buyers and sellers negotiate prices and terms directly. You have full freedom to set your trading conditions and find the perfect match. The platform charges only minimal fees (just 1% during BETA), far lower than traditional platforms.
Dynamic Supply & Demand Market
Prices are set freely based on real-time market supply and demand, allowing you to buy or sell miles at the best possible rates. Whether you're a buyer or seller, you'll find the best opportunities in this open and transparent marketplace.
How Does PointsBazaar Work?
PointsBazaar's trading process is simple and clear, broken down into five main stages:
1. Search & Browse
Browse buy and sell posts on the platform to find trading partners that match your needs. Filter by airline, quantity, price, and more to quickly find ideal transactions. Or create your own buy/sell post and wait for other users to reach out.
2. Negotiate Terms
Once you've found a suitable trading partner, both parties can negotiate details like price, quantity, and delivery timeline. You can propose unlimited revisions until both sides reach agreement. All negotiation history is recorded to ensure transparency.
3. Funds in Escrow
Once terms are agreed upon, a smart contract is automatically deployed to the Base blockchain. The buyer deposits funds into the blockchain escrow account. These funds are securely locked and will only be released to the seller upon transaction completion. PointsBazaar cannot access these funds.
4. Miles Transfer
After receiving escrow confirmation, the seller begins transferring miles/points to the buyer's account. The seller must provide proof of transfer (such as screenshots or transfer records). The buyer can view all proof documents in the communications interface.
5. Confirmation & Payment
Once the buyer receives the miles/points, they confirm receipt within the buyer protection period. Upon confirmation, the escrowed funds are automatically released to the seller. If any issues arise, the buyer can raise a dispute during the buyer protection period, and PointsBazaar will mediate.
Why Choose PointsBazaar?
- Transparent & Secure: All transactions are publicly verifiable on the blockchain, with funds protected by smart contracts
- Ultra-Low Fees: Only 1% transaction fee during BETA period, far below traditional platforms
- Buyer Protection: Comprehensive buyer protection mechanisms to safeguard your interests
- Simple to Use: No need to understand blockchain technology—just an email address to start trading
- Multiple Payment Options: Supports Venmo, PayPal, and various deposit methods
Ready to Get Started?
Sign up for PointsBazaar today and start your first miles transaction! Whether you want to purchase miles at great prices or monetize your unused points, PointsBazaar is your best choice.
If you have any questions, please refer to our detailed documentation or contact support: services@pointsbazaar.com