Craigslist Enable Sellers to Accept Bitcoin

Craigslist, the US-based classified advertising service, has coincidentally given a preview of its plans to enable sellers to receive Bitcoin and other cryptocurrencies as an official payment method.

The New “Cryptocurrency ok” Option in Craigslist

Craigslist

On eight December, someone from an online Bitcoin forum found out that in the products and services listing page of Craigslist have a new option. The page showed “Cryptocurrency Ok.”

The precise time span in which the Craiglist team plans to completely integrate support for Bitcoin and other digital currencies stays vague. Given that the organization has not given any open explanation with respect to its cryptocurrency acceptance makes it likely they will do a pilot test first. If successful, they could reveal a full integration of Bitcoin in the long haul, similar to Square.

The website is the 106th most famous digital platform according to Alexa, and is altogether bigger than other widely acclaimed websites like Yelp. As such, the integration of a cryptocurrency payment method by Craiglist show how much energetic and optimistic are merchants towards Bitcoin. This move could benefit other cryptocurrencies which are payment-centric, especially those with low fees like Litecoin and Dash.

Acceptance of Bitcoin as a Payment Method

During November Nikkei and CNBC has reported that since 2017, 4500 Japanese merchants has started accepting Bitcoin. And they assume that this number will probably rise to 22500 by the end of the year.

A few weeks back, an apartment group in Dubai named, Aston Plaza and Residences announced that they will accept Bitcoin as a payment method. The price of these apartments started from $133,918. Michelle Mone, one of the founders of the group said:

“Being a designer for 21 years, it’s a real passion of mine as the design side, and it’s great to be partnering up together as well to launch this. And this is the first major global development where you can purchase in Bitcoin. Previously there’s been an apartment here and there’s been a house here and there, but never a £250 million development, so it’s really exciting to be involved in.”

 

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