Hot Topics

Advertisement

Advertisement

More Than $120,000 worth of BTC Being Sold At Auction From Ireland 

 
More Than $120,000 worth of BTC Being Sold At Auction From Ireland 
Breaking News / Bitcoin / Crypto Market
  • Ireland is getting ready to publicly auction off more than $120,000 worth of bitcoin seized from criminals over the years. 
  • This seized cryptocurrency will be sold by Wilsons Auctions with the highest bidder taking the prize as it will see no set reserves.
  • The auction is set to take place later this month on the 24th March. 

Ireland is getting ready to publicly auction off more than $120,000 worth of bitcoin seized from criminals over the years. This seized cryptocurrency will be sold by the Ireland based auction house, Wilsons Auctions with the highest bidder taking the prize as it will see no set reserves.

The auction is set to take place later this month on the 24th March. Wilsons Auctions will sell the $125,000 seized from criminals by Belgian authorities. The auction will be conducted online and will take place for 24 hours. This will mean that it will end on the 25th of March.

The auction is said to be controlled from the office of Wilsons Auctions in Dublin, Ireland. With this in mind, this will be the very first public auction conducted in the country. The bitcoin is said to be divided into a number of lots ranging from 0.25 to 1 bitcoin each up for grabs.

There are several other cryptocurrencies that will be put up for auction on the day including bitcoin gold and bitcoin cash.

For those that are interested in bidding in such an auction, all they need to do is register on the website no less than 24 hours before the auction begins on 24th of March. On top of this, they will be required to pay a deposit fee of £500 for a buyers number.

However, we aren’t financial investors and this isn’t financial advice. Please do your own research before putting your money in a cryptocurrency and always remember to trade safe!

It will be interesting to see how this plays out. For more news on this and other crypto updates, keep it with CryptoDaily!

You can share this post!

Advertisement