Aussies can now sell their car for bitcoin
Aussies can now sell their used car, truck or caravan in exchange for bitcoin.
CarBuyers.com.au has launched the new payment system to allow Aussies to choose bitcoin as the preferred payment method if they please.
The company said the system will be operating in every state and territory and those wanting payment in bitcoin just need to fill out a contact form to arrange a vehicle inspection, receive an offer and indicate the desired payment method.
The bitcoin will then be deposited into the designated digital wallet the same day.
Bitcoin has been surging this year, with prices up around 90 per cent since December 2020.
Transformational director at CarBuyers.com.au Daniel Werzberger said there has been an increase in demand from customers wanting to be paid in alternative, digital currencies.
“As cryptocurrencies have increased in popularity, they are increasingly viewed as legitimate alternatives to traditional coin and paper tender,” Werzberger said.
“Other than buying and selling crypto on a verified exchange, there are only a handful of legitimate businesses who are offering payment in this currency directly to consumers.”
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