Buy Gigs on Fiverr with Bitcoins!

Estimated reading time: 1 minutes

This is an awesome development at fiverr. Imagine that buyers can now purchase gigs with bitcoins on fiverr.

If you don’t already know what fiverr is, then here is my simple definition.

Fiverr , established in 2010 is a large online market place where you can buy and sell goods and services for just $5.

Bitcoin has attracted enough attention that fiverr has decided to incorporate it into their platform.

Earlier this year 2014, Fiverr officially announced that they’ve partnered with Coinbase, a popular bitcoin wallet provider to create the option of buying gigs with bitcoins.

What is Bitcoins?

We all were once new to bitcoins, so if you’re new to bitcoin and how it works, read about it here.

How it works:

Once you’ve placed your gig order, select bitcoin as your payment option and your payment will be processed via Coinbase.

Demerits:

• Fiverr have not yet enabled bitcoin payment option on their app but they’re currently working on that.
• Sellers are not yet allowed to withdraw funds via bitcoin

Merits:

With this new development, people from countries not supported by Paypal e.g. Egypt, Paraguay, Nigeria, Liberia e.t.c can buy gigs without any restrictions. No more Paypal headaches.