Recent report making rounds has it that retail auction giant eBay is about to start accepting payment for goods using cryptos.
Why eBay Adding Crypto is a Good News
The speculation was born out of the e-commerce store advertising at the Consensus conference in New York City.
Since the ads went live, there have been theories that the sudden surge in the price of bitcoin end other altcoin is connected to this.
With eBay claiming to be the world’s number one marketplace, the addition of crypto payment option will mean a lot for the growth of the industry. The addition will extremely drive the mainstream adoption of cryptocurrency.
Sadly, a spokesperson of the company has come forward to debunk the rumour making rounds. According to the spokesperson:
“Cryptocurrency is not accepted as a form of payment on the eBay platform, nor is it part of our payments strategy.”
What the company has is a section named Virtual Currency. There, people will be able to use traditional Fiats to purchase crypto from sellers.