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Reddit No Longer Accepting Bitcoin Payments

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Mon, 26/03/2018 - 15:03
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Reddit No Longer Accepting Bitcoin Payments
Cover image via U.Today
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Reddit will no longer accept Bitcoin for “Reddit Gold,” a paid-by-the-month feature that unlocks certain enhancements on the platform. Reddit cites Coinbase’s change from “Coinbase Merchant Tools” to “Coinbase Commerce” as the reason for the delisting of Bitcoin as a payment option. In reality, it’s likely that Bitcoin simply is underused by Redditors, and the company doesn’t feel like migrating to the new Coinbase Commerce platform would be worthwhile. However, Reddit has not officially said whether Bitcoin is gone forever as a payment option.

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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