Bidorbuy, an online auction and marketplace in South Africa and among the biggest e-commerce platforms in Africa has included bitcoin as a mode of payment for users – buyers and sellers in the marketplace.
Major African e-commerce platform Bidorbuy has enabled bitcoin as a payment option for product purchases, as reported by local bitcoin publication Bitcoinhub. Bidorbuy is a popular online marketplace, with over 30 million page views every month.
The products that can be purchased by bitcoin would depend on the sellers activating the option of using the cryptocurrency as a payment method. All sellers can opt to accept bitcoins.
Sellers can activate bitcoin as a payment method to provide buyers the option of paying for products with bitcoin. After the buyer’s purchase of the product(s) with the cryptocurrency, sellers will receive the bitcoin payment into their bidorbuy account. The website then converts the bitcoin automatically into South African Rand with the relevant exchange rate before crediting the complete Rand amount to