Published on : 2017-04-25 23:01:28

His passion for finance and technology made him one of the world s leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector. Even when Skrill (formerly known as Moneybookers) was added as an option, the platform still preferred users to accept PayPal as well. While the world’s leading cryptocurrency is mainly a store of value and investment vehicle right now, it may yet find its way back to being the currency most of us had envisioned it would become. Rest assured such events have transpired on the platform over the past few years. Integrating Bitcoin payments shouldn’t pose much of a challenge, even to eBay. There is no timeline for when this might occur, and the company is still “only seriously considering” this option for the future. Competing with Amazon seems to be a top priority for the auction giant, and that just may require embracing Bitcoin. eBay may Embrace Bitcoin After all Most people who have ever dealt with eBay know the company isn’t too keen on alternative payment methods. Although there are a few merchants out there which accept BTC directly, none are particularly big, other than Overstock. Please enable JavaScript Shares 188 Spending the world’s most popular cryptocurrency is still a big challenge. There is no recourse if a deal goes awry, and it would reflect badly on the company if a buyer or seller were to file such a complaint.

Moreover, the company hasn’t specified whether it would charge fees in Bitcoin or convert those to US dollars on the fly. About The Author JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. That is only normal, as no one should sell cryptocurrency on auction sites in the first place. Higher fees and frequent transaction delays may have a say in the matter, though, and things certainly don’t look too great in that regard. It seems the company is considering adding a Bitcoin payment option in the near future. However, one must pay for such items in the usual way, which often involves PayPal. Moreover, this spells an interesting future for the Bitcoin community as a whole. It has always seemed as if eBay would rather stay as far away from Bitcoin as possible. Avoiding potential scammers and fake listings has always been a major concern for the company. There are still a few blanks left to fill in, yet things are certainly looking interesting for eBay right now. Rest assured there is a market waiting for such a development as we speak.

That situation may come to change soon, according to an article on Yahoo Finance. It now seems eBay may welcome Bitcoin to its platform in the very near future, if recent reports are to be believed. Moreover, eBay doesn’t have a great reputation when it comes to cryptocurrency listings either.Siacoin.
. Whether or not that means people will spend this valuable currency on a platform such as eBay remains to be seen bitcoin payment on ebay. It is possible to buy crypto mining equipment on the platform, or any merchandise related to cryptocurrency. More specifically, it would prefer that people stick with PayPal – despite these companies being separate entities these days – or use wire transfers. At the same time, one can’t deny the demand for Bitcoin has never been higher than it is today. Accepting Bitcoin may help the company’s stock rise in value as well. It remains to be seen if the site would go for an existing payment processor – BitPay, for example – or use its own built-in solution for such payments. .Civic.


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