THELOGICALINDIAN - According to new letters Reddit has chock-full accepting Bitcoin as a acquittal method
The accepted amusing media platform, Reddit, has chock-full accepting Bitcoin for Reddit Gold. The belvedere had started accepting the decentralized cryptocurrency aback in 2013 through a affiliation with the accepted online Bitcoin exchange, Coinbase.
Many bodies begin this accommodation to stop accepting Bitcoin odd back the amusing media belvedere has a actual ample and alive cryptocurrency community. Reddit admin emoney04 accepted the accommodation to stop accepting Bitcoin:
Users brainstorm that this accommodation may accept been apprenticed by the antecedent aerial transaction costs of Bitcoin that alike accomplished $50.
High affairs fees may accept been the acumen why some online merchants chock-full accepting Bitcoin as a acquittal method. However, Bitcoin transaction costs accept acutely collapsed in the aftermost brace of months. The boilerplate Bitcoin transaction currently costs $1.07, which back compared to added acquittal forms, is appealing adorable to consumers.
According to a Bloomberg report, the accepted online Bitcoin exchange, Coinbase, has appear a new apparatus alleged Coinbase Commerce. The new apparatus allows online shops to calmly acquire accepted cryptocurrencies like Bitcoin, Litecoin, and Ethereum.
Reddit’s accommodation to stop accepting Bitcoin may not be final. The amusing media belvedere is currently reviewing the accepted appeal for Bitcoin payments and will act accordingly. Reddit admin emoney04 noted:
In case Coinbase’s new apparatus shows acceptable results, we may not alone see Reddit accepting Bitcoin again, but abounding added above online shops as well.
What are your thoughts on Reddit’s accommodation to stop accepting Bitcoin? Do you anticipate that the belvedere will re-enable Bitcoin payments again? Let us apperceive in the comments below!
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