Great news for Bitcoin and the cryptocurrency world arrive from Twitch. This company has announced that they are accepting Bitcoin payments for those who want to subscribe to the paltform. Twitch is the largest video game streaming service worldwide and it is owned by Amazon. This move goes against Microsoft’s and Steam’s decision to stop accepting Bitcoin payments.
Bitcoin Accepted Here!
In the official Twitter account, Twitch announced that Bitcoin payments are now accepted in the platform. Among the different payment options we can find Skrill, PayPal, Apple Pay, Visa, Master Pass, Coinbase and Bitcoin, of curse.
“Put those gift cards from grandma to good use by subscribing to your favourite streamer! We take these and more. Just click “Show More Methods” on the Payment Information screen,” reads the Tweet.
Bitcoin will now arrive to more individuals that may not know what Bitcoin is and may get interested in the currency. More exposition means more interested people in the cryptocurrency world. With the institutional investors arriving at the market and more customers with the possibility to use cryptocurrencies, the price is expected to grow in 2018.
Twitch has taken another direction compared to the one taken by Microsoft and Steam. Steam has replaced Bitcoin with Litecoin. But Microsoft has directly stopped using Bitcoin. The famous cryptocurrency has received important support from Microsoft in the past and could be added to the platform in the future.
FUD Beaten by Facts
Bitcoin has been suffering from different FUD strategies during the past weeks. For example, some days ago, the cryptocurrency market lost part of its value due to miss information. According to these fake news, South Korea was ready to ban cryptocurrency trading.
The truth is that the South Korean government had to make clear that they were not thinking about that and that it does not represent the government’s position on the matter.
At UseTheBitcoin we have covered how South Korea is moving toward cryptocurrencies faster than many other countries. Indeed, the cryptocurrency market in South Korea is two times bigger than the stock market (KOSDAQ).