HONG KONG, July 5, 2013 /PRNewswire/ -- DinoDirect has already established itself as a popular and trustworthy ecommerce site. Now they have added another feature to provide added convenience to customers.

Typically, most ecommerce sites provide payment options in the form of PayPal, Visa and so on. Bitcoin basically refers to a crypto currency. It is something that was described first in a 2008 paper. This is an electronic cash system. The creation as well as transfer of Bitcoin is based on an open source cryptographic protocol. This means that it is not being managed by any kind of a central authority.

This is not a currency limited for use on DinoDirect only. It is being accepted by merchants as well as individuals in many parts of the world, including the US, UK, Canada, Finland, Australia and many others. In total, merchants in around 98 countries accept this form of currency.

Bitcoin can be used by customers for purchasing various items on DinoDirect, including men's suits, men's clothing, cheap Tablet PCs as well as cell phones.

A spokesman of DinoDirect explained that each bitcoin is further subdivided and it goes down to eight decimal places. This way it is able to form up to 100 million smaller units that are called as satoshis.

Bitpay refers to an electronic payment processing system that is used for the bitcoin currency. Online merchants can easily accept bitcoins in the same way as they accept payments from Visa, MasterCard, or even PayPal.

No wonder that customers are flocking towards DinoDirect to make purchases with this new form of currency. A customer has stated that it has become much easier and more interesting to make purchases due to the added features provided by this form of currency.

As it is, DinoDirect has already established its trust in the minds of people. This is due to the good quality of products available on this site. In addition, they are known for their effective and prompt customer service too. There is a large variety of products available here. Practically every well-known brand is there. This means that no matter what you are looking for, it is bound to be available here. And they are adding new products each day for your convenience.

About DinoDirect.com

DinoDirect China Limited (http://www.dinodirect.com/) is one of the biggest global online retailers. It offers a great quantity of products at competitive prices by cutting out the middleman and offering products directly to the consumers.

Related Link:

http://www.dinodirect.com/news/payment-becomes-easier-on-dinodirect-with-bitcoin/

SOURCE DinoDirect.com