Sat. May 25th, 2019

Virtual currency: It’s happening on eBay

2 min read
Bay is readying support for “virtual currencies” and “digital collectables” if new promotional adverts are to be believed. Spotted at the Consensus conference in New York, the banners suggest eBay is about to enter the cryptocurrency arena in what would be a major mainstream breakthrough.
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New York Consensus Adverts Hint at Huge Mainstream Breakthrough.

eBay is readying support for “virtual currencies” and “digital collectibles” if new promotional adverts are to be believed. Spotted at the Consensus conference in New York, the banners suggest eBay is about to enter the cryptocurrency arena in what would be a major mainstream breakthrough.

The images, first leaked on Telegram channel @PatronsOfTheMoon, have yet to be to confirmed by eBay. But if they are legitimate, it could open up cryptocurrencies to 180 million active buyers.

The bidding marketplace may also be eying the digital collectables market, made famous by Cryptokitties in late 2017. The potential of digital collectables was made real by Ethereum, for the first time offering a platform for truly unique, one-of-a-kind digital assets.

As a hub for collectable items and auctions, eBay is a natural mainstream platform for the future of digital collectables.View image on Twitter

View image on Twitter

wolf@ImNotTheWolf

“Leaked from Consensus, eBay possibly announcing the support of cryptocurrencies on their website.” – @PatronsOfTheMoon Telegram. #share #bitcoin #cryptocurrency1,2805:07 PM – May 12, 2019641 people are talking about thisTwitter Ads info and privacy

While there is no official statement on its crypto plans, the marketplace has been widely linked to bitcoin payment gateway UTRUST.

UTRUST hired former eBay and PayPal executive Sanja Kon as VP of Global Partnerships in 2018. So a partnership between UTRUST and eBay would be a logical conclusion.

source: CCN

image by Shutterstock

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