Newegg now accepting Bitcoin payments from Canadians

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Citing information from a company representative, a Reddit user claimed Newegg, which was one of the first major retailers to begin accepting Bitcoinwill no longer offer the option to customers on its Newegg. Sad, in a way In newegg no longer accepts bitcoin business in multiple currencies, the merchant assumed the risk of exchange rate fluctuations. At my little tiny art gallery, I agree to accept Bitcoin as a form of payment Yes, you are right all the way. Crypto world it's just warming up, I don't see how it will be stopped and I hope it won't be!

Thank you for your thoughts. I hope you will sell a lot of your art and more people to pay it in BTC! Repeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the cheetah bot.

If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post. We over at Coincards. Asked why Bitcoin was no longer a payment method, the representative during an instant chat stated they were: In a circular last month, BitPay said that: More recently, it has added newegg no longer accepts bitcoin changes to its gateway in response to rising mining fees.

Is this going to be some new Canadian law? What do you think? Authors get paid when people like you upvote their post. Trending Trending Votes Age Reputation. Lets see what happens Thanks, I'm curious as well! That's a darned shame. Was this due to some new Canadian law I'm not aware of? I'm not sure newegg no longer accepts bitcoin this is newegg no longer accepts bitcoin new Canadian law, but it doesn't look good at all! Some tips to share content and add value: Linking to your source Include your own original thoughts and ideas on what you have shared.

If you are actually the original author, please do reply to let us know! Sorry about that I forgot to provide the link, my bad! Great info for those who need options!

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Bitcoin and other cryptocurrencies have experienced monumental rises -- and falls -- over the last year. If you are still holding onto some Bitcoin, there are plenty of retailers that will accept it as a payment option. Popular computer and accessory seller Newegg even takes it, but only from those in the USA. Today this changes, as the company announces it will now accept Bitcoin from Canadian customers too using the BitPay platform.

Now customers in both the U. Twitter to ban an array of cryptocurrency ads. Stephen Pair, BitPay CEO says, "Newegg was an early e-commerce adopter of bitcoin, and that leap of faith the company took in put Newegg on the map as a bitcoin-friendly place for tech enthusiasts to shop. And that is significant. Are you a Canadian that shops at Newegg? If yes, do you plan to pay with Bitcoin? Please tell me in the comments below.

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