eBay UK to Offer Cryptocurrency Sales

February 10th will mark the dat when ebay UK will add a virtual currency category to their classifieds section which will allow customers to make use of such virtual coins like Bitcoins, Litecoins or Dogecoins.

An ebay spokesperson stated the “To promote a trustworthy marketplace and ensure compliance with applicable regulations, eBay is currently updating its Currency Policy. The updated policy will clarify that listings for Bitcoin and other similar virtual currencies must be listed in the Virtual Currency Category in the Classified Ad format”.

The use of cryptocurrencies will for now only be allowed in the classified ads section with all transactions actually taking place outside of ebay. It is not known if at some point ebay bidders or shops will also be able to use these virtual coins.

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