Taobao sellers accept Bitcoin and charge 6 points more for transactions

"Yes, we accept Bitcoin payments." At around 5 p.m., a red wine seller from Liaoning answered a reporter's question on Wangwang. "We have also seen the regulations of the central bank. We should be a spontaneous Internet transaction and are not subject to restrictions." The reporter saw in his Taobao store, Medo Winery, that several wines stated in the title that they accept Bitcoin payments.

Entering Bitcoin payment on Taobao, you can search for nearly 300 products in various categories, all of which indicate that they accept Bitcoin purchases. The reporter randomly asked several sellers, and they all said that Bitcoin transactions are currently normal.

The reporter confirmed with Taobao that it has not received any notification from the relevant authorities to remove Bitcoin trading products from the shelves.

Although the transaction is still going on, the sellers are not taking it lightly. In Qiancuige Jade Mall, the unit price of each product is almost over 5,000 yuan. Although the seller readily said that he would accept Bitcoin payment according to the real-time price, he did not forget to add: "After the exchange rate is converted, there is an additional 6 points."

The shop owner explained to the reporter that due to the recent huge rise in the price of Bitcoin, the buyer charged an extra 6 points of "insurance" to prevent risks. For example, the RMB payment price of a jade bracelet is 8,800 yuan, and the current price of Bitcoin is 5,749 yuan/Bitcoin, so the price of this bracelet can be converted into 1.53 Bitcoins, plus the 0.006 "insurance", the buyer needs to pay 1.536 Bitcoins, which is more than 30 yuan more than the RMB payment.

“In fact, we used to charge a few more points, usually 1 to 2 points, but the price of Bitcoin has been rising so wildly recently, and I’m very panicked. After all, this is not real money, so I feel more at ease if I charge a little more,” said the owner.

"Not only is the price slightly higher, but the transaction also requires the bitcoin to be directly transferred to my bitcoin wallet, not through Alipay, so very few buyers actually use bitcoin for transactions," the seller "2006 Colorful Life" admitted. "Even if someone occasionally asks, I always advise them to convert their bitcoin into RMB before buying."