eBay UK Opening Virtual Currency Category on February 10th
Auction and sales website eBay will reportedly be opening a virtual currencies section come the 10th of February, according to a statement released today by the company. The company says that they'll be allowing virtual currencies to be posted on the service's classifieds website from the above-date onward. Until then, these sorts of sales are not permitted. "To promote a trustworthy marketplace and ensure compliance with applicable regulations, eBay is currently updating its Currency Policy. The updated policy will clarify that listings for Bitcoin and other similar virtual currencies....
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eBay is launching a dedicated Virtual Currency category on eBay Classifieds in the UK on 10th February. The Classified Ads category will allow for the sale of all types of digital currency, including bitcoin and litecoin, eBay representatives have confirmed. eBay Classifieds, which lists posts throughout the site, serves as the site's answer to Craigslist. eBay provides the free platform for local buyers and sellers to connect, but does not participate in the transactions. Ryan Moore, Manager of Business Communications at eBay, said: "To promote a trustworthy marketplace and ensure....
Today, eBay revealed their category changes for the month of April. Near the bottom of the list due to the intentional use of the word ‘virtual’ instead of ‘digital,’ the “Virtual Currency Category” is under the Paper Coin and Money subcategory of the Collectibles & Art section. Under the Virtual Currency Category are three more categories: Miners, Mining Contracts, and “Currency.” Despite these new categories, there are still tens of thousands of digital currency related auctions and listings on eBay that have not been properly re-categorized. Make no mistake that eBay had been....
Gone are the days when Bitcoin was considered as a currency for geeks and those in the darker corners of the internet. Adding eBay to the list of trading platforms for Bitcoin has been a reason to rejoice for Bitcoin enthusiasts all over the world as this move makes Bitcoin a whole lot more accessible. eBay is launching a dedicated Virtual Currency category on eBay Classifieds in the UK on 10th of February. eBay Classifieds, their Craigslist killer is providing a platform for legitimate buyers and sellers to connect for the sale of virtual currency. The Classified Ads category will....
In an email from Ebay they share their plans to open trade for cryptocurrencies like Bitcoin on 10th February 2014. This is a shift from their present policy that bans the sale of digital currencies. Many virtual currency experts are urging caution when trading virtual currencies on EBay using Paypal, however, as the risk for charge backs are still very real using PayPal. At it's core, EBay is built to be a major venue to trade these assets. Forecasting an advancement in payment processing as large as virtual currencies offer was impossible when EBay bought PayPal in 2002. Not a person in....
eBay's main US site has introduced a category for 'Virtual Currency', with listings for dozens of bitcoin and altcoin-related activities - including shares in mining operations. Although eBay is still not accepting bitcoin as an official payment, any recognition of the currency is significant since eBay is the parent company of PayPal, the payments firm long earmarked for disruption by many bitcoin fans. The popular online auction site and marketplace quietly included the category in its 'Category Changes' list for April under 'Coins and Paper Money'. At press time there were multiple....