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                        Contents
                        <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h273">Will eBay venture into crypto?   </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h343">Taking notes from other retailers   </a></li></ul>
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    eBay, the US-based e-commerce behemoth, is rumored to make a foray into crypto after its <a href="https://u.today/bitmain-co-founder-jihan-wu-is-heading-to-moscow-after-new-york-consensus-event">Consensus</a> ads recently leaked online. If eBay does open arms for <a href="https://u.today/bitcoin-xrp-payments-soon-available-on-whatsapp-telegram-through-new-ai-wallet">crypto payments</a>, it could be a boon for adoption.
    
    <blockquote class="twitter-tweet" data-lang="en">
    "Leaked from Consensus, eBay possibly announcing the support of cryptocurrencies on their website." - @PatronsOfTheMoon Telegram. <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/share?src=hash&amp;ref_src=twsrc%5Etfw">#share</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#bitcoin</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw">#cryptocurrency</a> <a rel="nofollow" target="_blank" href="https://t.co/xqbpdysUic">pic.twitter.com/xqbpdysUic</a>
    — wolf (@ImNotTheWolf) <a rel="nofollow" target="_blank" href="https://twitter.com/ImNotTheWolf/status/1127696721230934019?ref_src=twsrc%5Etfw">May 12, 2019</a></blockquote>
    
    
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Will eBay venture into crypto? &nbsp;&nbsp;
    
    You can find all types of crypto-related goods on eBay - from random items with the Bitcoin logo to mining hardware and the actual <a rel="nofollow" target="_blank" href="https://www.ebay.com/b/Virtual-Currency/179170/bn_754931">‘Virtual currency’ section</a> whether you can buy/sell crypto p2p.
    
    However, the fact that eBay is a sponsor of Consensus, the biggest event in the crypto industry makes many believe that it could eventually make such a significant step as accepting crypto payments.
    
    One should also keep in mind that eBay executive Sanja Kon joined crypto payment startup UTRUST last year, which could also be indicative of eBay’s crypto ambitions.&nbsp; &nbsp;
    
    Back in December, eBay’s senior vice president Scott Cutler revealed that the company was considering cryptocurrencies as an additional payment option, but they weren’t quite there yet. &nbsp;
    
    <a href="https://u.today/visa-payments-to-be-dropped-big-us-retail-chain-may-adopt-btc-lightning-network-instead">card</a>
    
    Taking notes from other retailers &nbsp;&nbsp;
    
    Meanwhile, <a rel="nofollow" target="_blank" href="#s-future-major-giants-trying-blockchain-in-2019-microsoft-ibm">Overstock.com</a>, the one-time Amazon competitor, was the first major retail company in the US to jump on the Bitcoin trend. Apart from accepting Bitcoin, Overstock also allowed its customers to purchase Bitcoin directly from their website with the help of <a href="https://u.today/overstock-to-launch-bitcoin-trading-through-new-biometric-wallet">Bitsy</a>. &nbsp;
    
    Even though the crypto space is gradually maturing, it is still quite challenging for retailers to accept Bitcoin. For instance, online gaming marketplace Steam dropped Bitcoin in December 2017 due to ‘high fees and volatility.’
    
    As <a href="https://u.today/paypal-cfo-reveals-they-are-working-on-blockchain-and-cryptocurrency">reported</a> by U.Today, PayPal continues to work on Blockchain and cryptocurrencies, but Bitcoin is <a href="https://u.today/paypal-cfo-reveals-they-are-working-on-blockchain-and-cryptocurrency">‘</a>not a big focus’ for them as of now.
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                        Contents
                        <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h273">Will eBay venture into crypto?   </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h343">Taking notes from other retailers   </a></li></ul>
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    eBay, the US-based e-commerce behemoth, is rumored to make a foray into crypto after its <a href="https://u.today/bitmain-co-founder-jihan-wu-is-heading-to-moscow-after-new-york-consensus-event">Consensus</a> ads recently leaked online. If eBay does open arms for <a href="https://u.today/bitcoin-xrp-payments-soon-available-on-whatsapp-telegram-through-new-ai-wallet">crypto payments</a>, it could be a boon for adoption.
    
    <blockquote class="twitter-tweet" data-lang="en">
    "Leaked from Consensus, eBay possibly announcing the support of cryptocurrencies on their website." - @PatronsOfTheMoon Telegram. <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/share?src=hash&amp;ref_src=twsrc%5Etfw">#share</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#bitcoin</a> <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw">#cryptocurrency</a> <a rel="nofollow" target="_blank" href="https://t.co/xqbpdysUic">pic.twitter.com/xqbpdysUic</a>
    — wolf (@ImNotTheWolf) <a rel="nofollow" target="_blank" href="https://twitter.com/ImNotTheWolf/status/1127696721230934019?ref_src=twsrc%5Etfw">May 12, 2019</a></blockquote>
    
    
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Will eBay venture into crypto? &nbsp;&nbsp;
    
    You can find all types of crypto-related goods on eBay - from random items with the Bitcoin logo to mining hardware and the actual <a rel="nofollow" target="_blank" href="https://www.ebay.com/b/Virtual-Currency/179170/bn_754931">‘Virtual currency’ section</a> whether you can buy/sell crypto p2p.
    
    However, the fact that eBay is a sponsor of Consensus, the biggest event in the crypto industry makes many believe that it could eventually make such a significant step as accepting crypto payments.
    
    One should also keep in mind that eBay executive Sanja Kon joined crypto payment startup UTRUST last year, which could also be indicative of eBay’s crypto ambitions.&nbsp; &nbsp;
    
    Back in December, eBay’s senior vice president Scott Cutler revealed that the company was considering cryptocurrencies as an additional payment option, but they weren’t quite there yet. &nbsp;
    
    <a href="https://u.today/visa-payments-to-be-dropped-big-us-retail-chain-may-adopt-btc-lightning-network-instead">card</a>
    
    Taking notes from other retailers &nbsp;&nbsp;
    
    Meanwhile, <a rel="nofollow" target="_blank" href="#s-future-major-giants-trying-blockchain-in-2019-microsoft-ibm">Overstock.com</a>, the one-time Amazon competitor, was the first major retail company in the US to jump on the Bitcoin trend. Apart from accepting Bitcoin, Overstock also allowed its customers to purchase Bitcoin directly from their website with the help of <a href="https://u.today/overstock-to-launch-bitcoin-trading-through-new-biometric-wallet">Bitsy</a>. &nbsp;
    
    Even though the crypto space is gradually maturing, it is still quite challenging for retailers to accept Bitcoin. For instance, online gaming marketplace Steam dropped Bitcoin in December 2017 due to ‘high fees and volatility.’
    
    As <a href="https://u.today/paypal-cfo-reveals-they-are-working-on-blockchain-and-cryptocurrency">reported</a> by U.Today, PayPal continues to work on Blockchain and cryptocurrencies, but Bitcoin is <a href="https://u.today/paypal-cfo-reveals-they-are-working-on-blockchain-and-cryptocurrency">‘</a>not a big focus’ for them as of now.
    ') (Line: 1086)
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eBay Is Rumored to Start Accepting Crypto Payments

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Mon, 13/05/2019 - 6:28
eBay Is Rumored to Start Accepting Crypto Payments
Cover image via www.123rf.com
Read U.TODAY on
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Contents
Advertisement

eBay, the US-based e-commerce behemoth, is rumored to make a foray into crypto after its Consensus ads recently leaked online. If eBay does open arms for crypto payments, it could be a boon for adoption.

card

Will eBay venture into crypto?   

You can find all types of crypto-related goods on eBay - from random items with the Bitcoin logo to mining hardware and the actual ‘Virtual currency’ section whether you can buy/sell crypto p2p.

However, the fact that eBay is a sponsor of Consensus, the biggest event in the crypto industry makes many believe that it could eventually make such a significant step as accepting crypto payments.

One should also keep in mind that eBay executive Sanja Kon joined crypto payment startup UTRUST last year, which could also be indicative of eBay’s crypto ambitions.   

Back in December, eBay’s senior vice president Scott Cutler revealed that the company was considering cryptocurrencies as an additional payment option, but they weren’t quite there yet.  

Taking notes from other retailers   

Meanwhile, Overstock.com, the one-time Amazon competitor, was the first major retail company in the US to jump on the Bitcoin trend. Apart from accepting Bitcoin, Overstock also allowed its customers to purchase Bitcoin directly from their website with the help of Bitsy.  

Even though the crypto space is gradually maturing, it is still quite challenging for retailers to accept Bitcoin. For instance, online gaming marketplace Steam dropped Bitcoin in December 2017 due to ‘high fees and volatility.’

As reported by U.Today, PayPal continues to work on Blockchain and cryptocurrencies, but Bitcoin is not a big focus’ for them as of now.

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