Lily Campbell
@Lily.Campbell · Updated 21 Apr. 2022

The use of cryptocurrencies is on the rise. There are many reasons why people are opting for this mode of payment: 

·        They offer a high level of anonymity.

·        They don’t have any geographical boundaries.

·        They can be transferred without any transaction fees.

·        Transactions can be done quickly and in a very secure manner.

eBay has come up with a new feature that allows sellers to accept cryptocurrencies as payments for their goods and services sold on the platform. This is one way eBay is keeping up with the changing times and giving sellers more options to get paid for their products or services sold on eBay.

Rachael Davis
@Rachael.Davis · Updated 21 Apr. 2022

The acceptance of cryptocurrencies as a payment method has been made possible by integrating with Coinbase Commerce API to process these transactions in real-time and offers some degree of fraud detection. eBay has announced that they will start accepting cryptocurrencies as payment. This is a big step for the company, who have been previously skeptical of the idea of digital currencies.