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NewEgg Begins Accepting Bitcoin

Coin Fire has learned that NewEgg is now officially accepting Bitcoin as a payment method on the site.

The company is expected to make a full announcement early on Tuesday morning regarding the acceptance of Bitcoin on the electronics retail site.

Initially Paige Freeman the VP of sales for BitPay had been hinting to this announcement on Monday via Twitter but has since deleted the tweets.

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While at checkout customers can now select the Bitcoin option as shown here to begin the checkout process using Bitcoin.

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Yesterday many began speculating as to what major retailer would begin accepting Bitcoin next with Bitpay after the company began dropping hints that it would be making a major announcement this week. It now appears that announcement will be regarding NewEgg.

Early reports coming in to Coin Fire from those familiar with the situation are that this announcement would take later in the morning today but that some individuals had stumbled across the Bitcoin promotional pages and payment options earlier than anticipated.

Due to it being after 3am on the East Coast where BitPay is a comment could not be rendered regarding this major retail announcement at the time this entry was published.

Coin Fire will publish official statements from both BitPay and NewEgg later today when they are made available to us. NewEgg adds Bitcoin as a payment option after Tiger Direct earlier this year began accepting the cryptocurrency.

Christina

Hello!

Name is Christina and I’ve been a Bitcoin trader for a few short months now. I have been thinking about writing for some time now and I finally have a chance here on Coin Fire. I’m excited to share my thoughts with you. I’ve setup a Bitcoin address for you to make a small tip at if you appreciated this feature.

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Christina – who has written posts on Coin Fire.