What Is Bitcoin?
Bitcoin is a digital currency. It can be used as payment for goods and services or exchanged for other
currencies, like dollars. Learn more at Bitcoin.org.
Why did Glyde decide to add Bitcoin?
Lots of people are interested in bitcoins (see the benefits below), but until now, there hasn't been an
easy way to get them. "Mining" them is a laborious process that takes technical expertise. Purchasing
them is a hassle and an out-of-pocket expense.
Glyde is the first service to make it truly easy to earn bitcoins. Just take a phone or game or iPod you
don't use anymore, sell it on Glyde, and withdraw your proceeds in bitcoins. There's no out-of-pocket
cost or technical experience required.
How does it work on Glyde?
After you complete a sale on Glyde, you'll have the option to get paid in bitcoins or dollars. To choose
Bitcoin, just enter your Bitcoin address when you withdraw.
If you don't have a Bitcoin address yet, sign up at
Blockchain, or explore more wallet options
What are the benefits?
As a purely digital currency, bitcoins have several features that suit Glyde's online marketplace. Here are
a few benefits we think you'll enjoy.
Who doesn't like getting paid quickly? Bitcoin transfers typically take 1-2 business days on Glyde. Banks can take up to 5.
Bitcoin transactions are secured by military-grade cryptography.
Bitcoin transactions are person-to-person and anonymous. It's sort of like cash but made for the Internet.
Growing Spending Options
You can buy clothes, groceries, and even NBA basketball tickets with bitcoins (Go Kings!). Major retailers
like Overstock.com have started accepting bitcoins and more are soon to follow.
In the last 6 months, bitcoins have been steadily increasing in value. However, as with any new currency,
there's volatility. Its value, as compared to the dollar, could go down.