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Dell.com Opens Its Arms to Bitcoin Users

Posted on 7.20.2014

Bitcoins were introduced to the world in 2009.

In November of 2011 a single bitcoin was worth $2.05. While there have been some losses and gains in their value, today a single bitcoin is worth $620.40. With the value of bitcoins rising so drastically more and more brands have begun to accept them as a form of payment. The latest brand to do so is one the technology industry's most powerful, Dell.

Dell has announced they are now accepting bitcoins as a payment method on their website, Dell.com. Bitcoins, for those who have not read Website Magazine's previous coverage, are a digital peer-to-peer payment system in which there are no transaction fees for merchants. Dell has partnered with Coinbase, an international bitcoin wallet, to accept and process the digital currency.


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“We’ve fostered a close partnership with the Dell team and that’s been instrumental in getting the Coinbase integration up and running in such a short timeframe. We look forward to continuing to support the team as they explore other ways to offer even more functionality when it comes to bitcoin payments,” said Fred Ehrsam, co-founder of Coinbase.

 

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