Gaming Platform Steam Now Accepting Bitcoin
Confirming a long-rumored move, gaming and digital media platform Steam is now accepting bitcoin payments through processing service BitPay. The announcement today confirms earlier reports that Valve, the company that operates Steam, had sought to add the digital currency as a payment option. Steam was said to have told its developer community in a recent update that it was moving to accept bitcoin. The platform draws millions of users on a daily basis, according to Steam's self-reported statistics, and as a platform attracts an engaged and tech-friendly user base. Past reporting indicates....
Related News
Gaming and digital distribution platform Steam will now accept bitcoin payments from users around the world, a feature enabled by bitcoin payment processor BitPay. After whispers, rumors, and leaks that leads to the inevitable inclusion of a global currency for a global marketplace, Valve’s Steam, the biggest PC gaming platform and distributor in the world with some 125 million active users (2015 stats), has now started accepting bitcoin as a mode of payment. The announcement was made by BitPay, the payment processor who will enable bitcoin payments for Steam. BitPay revealed that Valve,....
![[Updated] Steam Users Can Now Pay for Games with Bitcoin](minthumb/20160428102550.jpg)
With no financial risk to Valve in doing so, and a chance to attract even more customers from all over the world thanks to Bitcoin acting as a global payment instrument, this seems to be a very smart decision at an opportune time. Rumors have started surfacing regarding a possible introduction of Bitcoin to the Steam platform. Gamers from all over the world will be familiar with what Steam has to offer; as it is the largest PC gaming platform in the world today. Code snippets of their new beta client were leaked, and there are various references to Bitcoin to be found. Gaming and digital....
Online gaming distributor Steam is planning to accept bitcoin for all purchases, according to a message posted to its Steamworks Development group. The post, dated April 21, does not list a specific date to start accepting bitcoin, but said parent company Valve Corporation was working with an external payment processor “to process bitcoin payments to....
With no financial risk to Valve in doing so, and a chance to attract even more customers from all over the world thanks to Bitcoin acting as a global payment instrument, this seems to be a very smart decision at an opportune time. Rumors have started surfacing regarding a possible introduction of Bitcoin to the Steam platform. Gamers from all over the world will be familiar with what Steam has to offer; as it is the largest PC gaming platform in the world today. Code snippets of their new beta client were leaked, and there are various references to Bitcoin to be found. Gaming and digital....
The team behind Steam, a digital distribution platform developed by Valve Corporation offering digital rights management, multiplayer gaming and social networking services, has announced that the platform will officially begin to accept payments via bitcoin. CoinTelegraph has reached out to Bitpay for more information about their partnership with Steam. We will continue to update the article as we receive more information from the Bitpay team. Gaming giant Valve and the developers behind Steam hinted the integration of Bitpay on February 9, 2016, when some Steam users discovered a series....