KopaBits It is a platform where buyers and sellers of electronics and motor vehicles meet and exchange assets using KOPA. It is a bridge for connecting Sellers who need liquidity for assets that are being underutil ized or in need of cash. It also connects Buyers who need a specific asset and don't have the full funds to acquire the asset.
The Seller creates a debt position which locks the Asset (ownership documentation) on the blockchain and issues KOPA to his/her wallet.
The Asset is listed on KOPA Exchange where it will meet interested Buyers.
Then the Buyer selects the interested Asset of choice and enters into a contract with the Seller. The Buyer pays in BNB Installments and the Seller receives the payment in FIAT Installments.
The Sellers KOPA will be offset against the Buyer's payments till the Asset is fully paid for. The Asset transfers from the Seller to the Buyer.