RATE Group | Overstock.com Lets Customers Buy Bitcoin via Its Crypto Wallet Portfolio Company
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Overstock.com Lets Customers Buy Bitcoin via Its Crypto Wallet Portfolio Company

14 Sep Overstock.com Lets Customers Buy Bitcoin via Its Crypto Wallet Portfolio Company

Posted at 16:21h in Bitcoin News by

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The blockchain investment arm of U.S. internet retailer Overstock announced that its investment choice Bitsy has begun a limited beta launch of its cryptocurrency wallet and exchange, the companies confirmed in a press release Friday, September 14.

Bitsy, which seeks to offer users custody of their holdings via private keys while facilitating password recovery using biometric security, will initially support Bitcoin (BTC) buying, with undisclosed altcoin assets to follow.

As a bonus, Overstock CEO Patrick Byrne confirmed, customers would now be able to purchase Bitcoin directly from its website via the integration with Bitsy.

“Bitsy sets a new standard for cryptocurrency wallets. It is a game-changer because it gives users the freedom that bitcoin has always promised,” he commented in the release:

“[I]ntegrating with Bitsy will allow Overstock to take the next step in its cryptocurrency journey by allowing the company to offer bitcoin for sale directly from the retail website.”

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