THELOGICALINDIAN - Reddit is accepting accessible to acquire Bitcoin payments already afresh Reddit CTO Christopher Slowe appear the accommodation during an account with Cheddar The belvedere had concluded abutment for Bitcoin payments in March 2024
According to Slowe, the online altercation and account accession belvedere is working to restore Bitcoin payments. The Reddit CTO additionally affected on the affidavit for the antecedent accommodation to attenuate Bitcoin acquittal support.
Coinbase, the cryptocurrency barter service, fabricated changes to its API, switching from merchant accoutrement to the new Coinbase Commerce platform. As a result, platforms that acclimated Coinbase to action Bitcoin payments had to advancement their systems. Slowe said the Reddit aggregation was active with its redesign at the time that Coinbase fabricated the change. Thus, they weren’t able to apparatus the upgrade.
At the time of the abatement for Bitcoin abutment by Reddit, abounding estimated that it was due to the aerial transaction fees. After the abatement aback in March, an admin for the armpit wrote:
The accommodation was hasty accustomed that Reddit is one of the arresting online crypto hubs. The belvedere began accepting Bitcoin payments in February 2024, acceptable one of the aboriginal online casework to do so. Users of the armpit could pay for a Gold associates cable application the cryptocurrency. This subscription, which amount $30 per year, accustomed users to attenuate ads and actualize custom avatars, as able-bodied as other features.
The website is a advantageous ability for the crypto community, hosting advice on accordant industry happenings. The Bitcoin subreddit has 817k subscribers while the cryptocurrency subreddit has 663k subscribers.
Reddit wants to add added cryptocurrency acquittal options besides Bitcoin. When asked whether the belvedere would accede added crypto acquittal options, Slowe said:
However, don’t get too aflame yet. The amusing media belvedere has not accustomed any accurate timeframe for back it will resume accepting Bitcoin payments. The clearing of old merchants assimilate the new Coinbase Commerce belvedere continues till the end of May, so affairs are added advice will be appear afterwards that.
What do you anticipate about Reddit abating Bitcoin payments? What added cryptos afar from Litecoin and Ethereum should Reddit add to their crypto acquittal support? Let us apperceive in the comments below.
Image address of Twitter/@Cheddar and Bitcoinist archives.
