BitDazzle Launches “Etsy for Bitcoin” Small Business Marketplace

Like this? Share it.TwitterFacebookGoogle+LinkedInReddittumblrbufferEmail

BitDazzle is the latest Bitcoin marketplace to come online, targeting small business owners

Already with 1,000 merchants on board, BitDazzle using Bitcoin as a draw to compete with other online marketplaces like Etsy and eBay. When users pay with credit cards, transaction fees can be 3% to 5% of the sale. But with Bitcoin, fees are low or non-existent, and there are no risks of chargebacks.

BitDazzle plans to take a flat 1% on Bitcoin purchases, but also supports PayPal and credit cards.

BitDazzle Bitcoin Marketplace

BitDazzle was created by venture-backed startup Cashie Commerce and has partnered with Coinbase as its Bitcoin payment processor, using the Coinbase API. Cashie Commerce CEO Hieu Bui said he expects Coinbase to promote the new marketplace to its 300,000 users. Coinbase expressed their excitement in a blog post.

Overall, BitDazzle hopes to grow the Bitcoin transaction economy and raise further awareness for the currency. “We’re trying to make Bitcoin more mainstream, and one of the ways to do that is to have more products and merchants who are mainstream,” Bui said in an interview with Xconomy.

Related: Startup Profile: Coingig Launches the eBay Marketplace for Bitcoin


Like this? Share it.TwitterFacebookGoogle+LinkedInReddittumblrbufferEmail

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>