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Author Topic: is accepting bitcoin for credits, needs bitcoin user support  (Read 967 times)
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October 16, 2011, 10:59:02 PM
 #1 is an active supporter of the bitcoin movement and we would like to eventually be the first penny auction site that exclusively processes payments through bitcoin.

However we need to build up a userbase of bitcoin users on our site.

We invite anyone interested in purchasing credits with bitcoins to bid on tangible items to try us out. We are not using bit-pay as the number of transactions we receive through bitcoin is very low; we can handle all transaction through email. Here's what you can do:

1) Contact us through and let us know your username on our site and how many bitcoins you want to convert to credits, (1 credit=$0.01). Please limit to no more than 5 bitcoins.

2) We will email you back with our bitcoin address, after there are 6 confirmations on the system, we will convert your bitcoins to credits at the current exchange rate as given by

That's it, your account get's credited and you can bid on any products on our site.

Once we build up a bitcoin userbase, we hope to pay process all payments through bitcoin. Check us out!
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