applancer Advertise

Reddit Reportedly Removes Bitcoin As Payment

Mar 25, 2018 Posted /  1950 Views

Reddit Reportedly Removes Bitcoin As Payment

BitcoinXio posted a video of the steps to give another user Reddit Gold(a Reddit subscription) only to found out that only Paypal and credit card are available for payment.

Reddit has removed the option to pay for Reddit Gold, a premium membership program, in BTC mentioning an upcoming Coinbase change. This was published on Reddit post in subreddit /r/BTC on 23 of March.

This all came to notice when a Reddit user BitcoinXio posted a video showing that Bitcoin as a payment option has been removed. While another user emoney40 commented that this may be due to Coinbase commerce change which states that:

“The upcoming Coinbase change, combined with some bugs around the Bitcoin payment option that were affecting purchases for certain users, led us to remove Bitcoin as a payment option.”

Although some users also stated that it was a useless feature because no one would be using it because of its high transactions fees.

Coinbase has already posted that its merchant tools will no longer be supported and a new program called Coinbase Commerce will take effect. The merchants are already told that after may 31 they will no longer have the access to Merchant Tools and they will have to switch to Coinbase Commerce.

Applancer is an open platform for discussion on all things like Blockchain , Cryptocurrency and Ico news updates. As such, the opinions expressed in this article are the author's own and do not necessarily reflect the view of Applancer .

For more details on how you can submit an opinion or any news , view our Editorial Policy or email [email protected].


Hottest Blockchain Newsletter

For updates and exclusive offers, enter your e-mail below.