Reddit May Integrate Bitcoin P2P Payments
Social content sharing website Reddit may integrate Bitcoin P2P payments, allowing users to make send money between each other for tipping or making purchases. Reddit was already no stranger to the ins and outs of cryptocurrency. Just last month (December) the site announced plans to develop its own digital currency which would be given away to users as a reward and as a 'celebration' of its users' contribution towards the success of the site. Added to that, there is also the fact that the site's /r/bitcoin board has become one of the most popular destinations for Bitcoin users and....
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Reddit has issued new statements suggesting that it is currently conducting a trial to determine whether to integrate bitcoin payments more fully into its overall marketing strategy. In a post on the bitcoin subreddit, a moderator informed the community that one of its advertising partners, BuySellAds, is now accepting bitcoin payments, and that Reddit's marketing team intends to actively monitor the support its partner receives as it looks to follow a similar strategy. Reddit strategist Dylan Hulser wrote: "You can demonstrate a desire to buy advertising on Reddit with bitcoin. We'll be....
Reddit is the 9th most visited site in the US and ranks 36th for the entire world. Incorporating Bitcoin into Reddit would expose millions of people to the nascent technology. In the past week, Reddit Crypto Engineer Ryan Charles debuted on the Reddit Blog. The blog announced plans to integrate Reddit with Bitcoin's blockchain technology simultaneously. Recently, Reddit's CEO, Yishan Wong, resigned. Alex Ohanian, Reddit co-founder, returned as executive chairman. With that return, Reddit announced the consideration of creating its own cryptocurrency. Shares would be given to the community,....
Reddit has announced that its merchandise store, RedditMarket, is now accepting bitcoin. Coinbase will process users' payments on the platform, which sells a variety of Reddit paraphernalia, including a $142 plush toy of the site's mascot, Shoo. Reddit's decision was well-received on Twitter, although some users expressed their wish for RedditMarket to accept other altcoins such as dogecoin. When the announcement was posted on Reddit it attracted a positive response from seemingly excited bitcoin aficionados. The news comes a couple of months after Reddit's cryptocurrency engineer, Ryan X....
An unconfirmed announcement circulating on Reddit has disclosed Steam’s plans to integrate Bitcoin payments into its gaming platform. An unconfirmed announcement circulating on Reddit has disclosed Steam’s plans to integrate Bitcoin payments into its gaming platform. According to a snapshot allegedly taken from the publicly unavailable Steamworks Development forum, the gaming distribution platform is close to forming a partnership with an “external payment provider” to add Bitcoin support. The announcement reads: “Bitcoin is becoming an increasingly popular online payment method in some....
With the new integration, Reddit users will be able to purchase Ether from supported Reddit apps via FTX’s payment and exchange infrastructure platform FTX Pay. After moving away from Bitcoin (BTC) payments years ago, online forum Reddit now seems to be inching closer to embracing cryptocurrency payments via a new partnership with the FTX exchange.Sam Bankman-Fried’s crypto exchange FTX and Reddit announced in a joint statement on Tuesday that the platform intends to integrate Reddit’s Community Points in the United States, the European Union, Australia and other markets.The partnership....