Newegg.com Is Now Accepting Bitcoin
In a release from earlier today, rumors surrounding a new BitPay partner have now been confirmed. Newegg is now accepting Bitcoin. Like competitor TigerDirect, Newegg uses American Bitcoin payment processor BitPay to immediately settle Bitcoin payments into fiat, much in the same way that they accept other digital currencies of the more centralized flavor, such as PayPal and VISA. At press time, Newegg has not yet revealed if they are converting 100% of the Bitcoin received into USD, or whether or not they are keeping a percentage in Bitcoin, like Overstock.com does. Unfortunately for....
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Yesterday Newegg posted a tweet that sparked the rumors of whether or not they would start accepting Bitcoin as a payment source. This is the first time we have heard anything official from Newegg about implementing Bitcoin: Still waiting for an update, but will let you all know as soon as we receive word! RT @TheIanMerrill: @Newegg do you take #bitcoin yet? - Newegg (Official) (@Newegg) January 9, 2014. Newegg is an online retailer of computer software and hardware with a revenue of more than 2.5 Billion USD annualy. If they start to accept Bitcoin, as Overstock.com did yesterday, we....
Newegg, the online electronics retailer worth at least $2bn in annual revenue, has tweeted yet another hint that it will begin accepting bitcoin payments in the near future. The California-based company posted this teaser today: Still waiting for an update, but will let you all know as soon as we receive word! RT @TheIanMerrill: @Newegg do you take #bitcoin yet? - Newegg (Official) (@Newegg) January 9, 2014. There has been much online speculation over the past month as to what Newegg might be planning. A company of this size accepting bitcoin would be one of the biggest gestures toward....
Popular online electronics retailer Newegg hinted at potentially accepting Bitcoin payments for products in the future in a tweet. When asked by Twitter user @thedatascape, "Do you have any plans to add Bitcoin as a one of your payment methods?" The response? Quite simply, "It's a possibility, #staytuned :)". Is it definitive proof that they'll be accepting Bitcoin? We can't say for certain, but things are certainly looking optimistic. If they do, Newegg will join a landscape of more and more big companies accepting the digital currency. Most recently, Virgin Galactic. More information as....
The day is finally here for electronics fans residing in Canada. California-based Newegg announced this morning that they are now accepting bitcoin payments from Canadian customers effective immediately. The announcement comes just under two months after Newegg began accepting bitcoin from customers in the United States. With thousands of products in a slew of categories to choose from, our friends to the North can spend their digital money as recklessly as they wish on anything from a home computer to a refrigerator. "Newegg is deeply committed to growing its business internationally -....
We here at newsBTC don't like rumors. We don't like speculation. But something about online retailer Newegg's tweets is telling a story that may revolutionize how tech enthusiasts acquire their hardware on the web - and we can't ignore it. Back in late November, a Twitter user @thedatascape asked the company, "Do you have any plans to add Bitcoin as one of your payment methods?" The reply was rather simple. "It's a possibility, #staytuned :)" the company tweeted. Now, that really doesn't tell us much. But today, another user asked a similar question. This time around, the company tweeted,....