Create a FREE account and...
Manage your own Watchlist
Access all education lessons
Converse with other crypto enthusiasts
Be a part of the Interactive Crypto Community
OR
Please fill out the required fields Please fill out the required fields Please fill out the required fields
Get Into Cryptocurrency Trading Today
From 2009 to the present, we can only see how much Bitcoin and other crypto-currencies have grown. Many entities, websites, forums, social networks have considered the possibility of using these cryptographic currencies as a method of payment. In the case of Reddit for example, Bitcoin has been accepted as a payment method since 2013 to become a premium member. But last March, an announcement was made that the payment method is no longer accepted. However at the latest news the technical director of Reddit, Christopher Slowe announced that they were ready to reinstate Bitcoin, and even to add other cryptographic currencies.
In an interview with Cheddar media, Reddit's CTO Christopher Slowe spoke about the return of the Bitcoin payment option. This option will allow Reddit users to spend a Reddit Gold premium account by paying in Bitcoin (BTC). This big news would mean that Reddit was able to solve its problem with the Coinbase platform, because the decision to stop Bitcoin followed the decision of the trading platform Coinbase to stop its Merchant Tool service to migrate to Coinbase Commerce and other technical and economic factors. Some users have noticed some bugs during purchases. The abandonment of Bitcoin was also partly due to transaction fees deemed too high. Due to increasingly demanding mining performance, power consumption has also increased which has led to higher transaction costs on the Bitcoin network.
The decision surprised Reddit users because it was an important online encryption center. But now the Bitcoin payment service is on the way back.
During the interview, Christopher Slowe pointed out that Coinbase was the main trading platform for processing payments on Reddit. Coinbase having left the Merchant Tool for Coinbase Commerce, to use the Bitcoin payment method again Reddit was forced to adapt to the new system. Slow said that Reddit has revitalized its user interface and API. In addition to being able to integrate the Coinbase API, the Reddit team has been able to find solutions to existing problems.
When Slowe was asked about the cryptocurrency adoption project, he stated the possibility of adopting additional crypto-currencies besides Bitcoin, namely Litecoin and Ethereum.
According to Christopher Slowe, all existing cryptographic currencies have a community on Reddit. So the adoption of other cryptocurrencies like Ethereum and Litecoin will delight Reddit users. Although no official date has been disclosed for the return of bitcoin or the adoption of Ethereum and Litecoin, Slowe assured that it is underway.
The site, bringing together communities of different crypto-currencies also plans to integrate more crypto-currencies, especially those offered by the exchange platform Coinbase.
The Reddit site has long been unknown to the general public, but for crypto-investors, it is a major site. Reddit hosts relevant information on the world of cryptocurrencies, it is also a platform where all crypto-investors can share their points of view and chat with each other.
Create a FREE account and...
Manage your own Watchlist
Access all education lessons
Converse with other crypto enthusiasts
Be a part of the Interactive Crypto Community
ALL
TRENDING
WATCHLIST
Total Market Cap The Total Market Capitalization (Market Cap) is an indicator that measures the size of all the cryptocurrencies.It’s the total market value of all the cryptocurrencies' circulating supply: so it’s the total value of all the coins that have been mined.
{[{ marketcap }]} {[{ marketcapchange.toLocaleString(undefined, {maximumFractionDigits:2}) }]}% (24H) {[{ marketcapchange.toLocaleString(undefined, {maximumFractionDigits:2}) }]}% (24H)
Symbol
Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting all the data from several exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current price and the price24 hours ago.
Trade
{[{ item.name }]}
{[{ index + $index}]}
{[{ item.pair.split('_')[0] }]}
Ƀ{[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]} ${[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]}
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
Symbol
Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting allthe data fromseveral exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current priceand the price24 hours ago.
Trade
{[{ item.name }]}
{[{ index + $index}]}
{[{ item.pair.split('_')[0] }]}
Ƀ{[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]} ${[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]}
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
Mark Cuban To Release His Book As NFT On Polygon Network This Week
29 minutes ago | Benzinga
Ripple Price Analysis: Bulls In Control Above $0.50
53 minutes ago | LiveBitcoinNews
Tencent Cloud Partners with Chainlink Labs, a Developer of the Chainlink Network
57 minutes ago | CrowdFundInsider
Stablecoins: Tether USD₮ Reaches All-Time High, Surpasses Previous Market Cap High of $83.2B
57 minutes ago | CrowdFundInsider
JustBit Casino Review
JustBit Casino, which specializes in virtual currencies, is easy to use because withdrawals are expl...
Huobi Token General Overview
Is Ripple The Cryptocurrency of 2021? - In Depth Review of Ripple XRP
Ethereum Classic Review
Monero General Overview
XBO
XBO.com cryptocurrency exchange redefines how you interact with crypto. Designed to make the benefit...
Bithumb
Understanding Bithumb This article highlights what is Bithumb and where it is located. It also di...
Bitstamp
Bitstamp's continued success in the crypto market This article highlights what Bitstamp is. I...
Bitfinex
Bitfinex general overview delves deep into its operations since its inception in 2012 up to date. It...
FTXUS
Introduction to the FTXUS Trading Platform FTXUS is a type of cryptocurrency derivatives exchange...
Mobi
Are you someone who makes international payments regularly using Bitcoin? Or do you travel a lot and...
Bitcoin.com
Bitcoin.com is a free downloadable Bitcoin wallet that allows users to trade and receive Bitcoins. T...
BTC.com
Created by Bitmain in 2016, BTC.com is a leading open-source Bitcoin and Bitcoin Cash storage platfo...
Cryptopay.me
Updated, Apr 04, 2020 Cryptopay is a revolution for Bitcoin users. This platform offers its custo...
Mycelium
MyCelium is an application for Mobile that offers many possibilities of security and confidentiality...
Reddit is Ready to Reinstate Bitcoin Payment
From 2009 to the present, we can only see how much Bitcoin and other crypto-currencies have...
Cryptocurrencies: A Multitude Of Opportunities And Equally Important Risks
More than just financial assets, cryptocurrencies today represent for many investors, the...
Mobi
Are you someone who makes international payments regularly using Bitcoin? Or do you travel a lot and...
Bitcoin.com
Bitcoin.com is a free downloadable Bitcoin wallet that allows users to trade and receive Bitcoins. T...
BTC.com
Created by Bitmain in 2016, BTC.com is a leading open-source Bitcoin and Bitcoin Cash storage platfo...
Cryptopay.me
Updated, Apr 04, 2020 Cryptopay is a revolution for Bitcoin users. This platform offers its custo...
Mycelium
MyCelium is an application for Mobile that offers many possibilities of security and confidentiality...
COMMENTS (0)