Africa's largest online marketplace accepts Bitcoin

Africa's largest online marketplace accepts Bitcoin

Bidorbuy, Africa's largest online marketplace, now accepts Bitcoin payments. The website announced this on its official forum on March 1, and also posted a post explaining how to activate Bitcoin payments. All Bitcoin transactions are subject to a 2.28% transaction fee, including a value-added fee, but Bidorbuy explicitly encourages users to use Bitcoin:

  “We encourage sellers to offer Bitcoin as a payment option because it is risk-free and can gain you a large audience of new online shoppers.”

Large number of potential customers

Like eBay or Alibaba, Bidorbuy is an online platform that connects buyers and sellers. Merchants can market and sell products through the Bidorbuy website, and now they can choose to accept Bitcoin as payment for all or part of the purchase price. Bidorbuy receives more than 20 million hits per month, and with the website actively encouraging Bitcoin, it is likely to win the patronage of a large part of South African customers.

Bitcoin could become a major source of income for merchants

According to Bidorbuy, 20% of the thousands of sellers using the site rely on sales on the site as their primary source of income. This means that now that the site allows merchants to accept Bitcoin payments, cryptocurrencies are likely to become part or all of the income of these thousands of South Africans. By allowing sellers to adopt this new method, coupled with the increasing spending power of buyers, this move will have a huge positive impact on the adoption of Bitcoin in Africa.


<<:  21 companies launch Bitcoin micropayment market, creativity can also be converted into Bitcoin

>>:  Talent shortage! Competition for talent recruitment in the blockchain industry is fierce

Recommend

The battle between Bitmain and Monero continues to escalate: XMR vs XMC

At 2 am yesterday, Bitcoin Mainland Ant Pool laun...

Judging a person's personality from the way they tie their shoes

People's personalities are varied. If you wan...

The evolution of cloud computing power, how to break the mining dilemma?

Since its birth, cloud computing power has receiv...

Masculine and feminine hands determine personality

Masculine and feminine hands determine personalit...

What kind of eyebrows are good for people with good luck?

People with long eyebrows have good fortune The e...

What does a super loyal man look like? What kinds of men can you marry?

Women all hope that their men are super loyal. Su...

Negativity continues to plague the Bitcoin market

Recently, the price of Bitcoin (BTC/USD) fell bel...

Foot analysis of busy life

In physiognomy, if a person's toes are relati...

A picture of a woman who is good for her husband

A picture of a woman who is good for her husband ...

What does it mean if a boy has a mole on his face?

Moles exist in various parts of our body. Dependi...

Do you know what fate a woman with high cheekbones and brow bones represents?

Women with high cheekbones will actually be seen ...

How to tell a girl's personality from her face

As the saying goes: Appearance reflects the heart...