Main navigation

Reddit No Longer Accepting Bitcoin Payments

Mon, 03/26/2018 - 15:03
article image
David Dinkins
Reddit no longer accepts Bitcoin as a payment for its Reddit Gold subscription.
Reddit No Longer Accepting Bitcoin Payments
Cover image via U.Today
Read U.TODAY on
Google News

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.

article image
About the author

David Dinkins is a freelance writer who holds a Master of Arts in history from Louisiana Tech University and has extensive teaching experience both at LSU – Shreveport and University of Phoenix. He got involved with cryptocurrency in early 2014 working as part of the Dash Core Team and have served in the role of writer/editor (mostly editor) during that time. He has edited a huge number of documents for the Core Team, including the Evolution whitepaper, the PrivateSend whitepaper, and many of Evan Duffield’s communications with the Dash Community.