![[Updated] Steam Users Can Now Pay for Games with Bitcoin](maxthumb/20160428102550.jpg)
[Updated] Steam Users Can Now Pay for Games with Bitcoin
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....
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Earlier today, video game developer Valve banned all NFTs and cryptocurrency related games from its Steam platform. Steam is one of the world’s largest video game platforms, featuring a catalogue of thousands of games alongside 25 million daily concurrent players. Steam Removes All Crypto Related Products from Its Store Earlier today, the newly updated Steam […]
This past week, Valve, the parent company of the video game digital distribution service Steam updated its distribution onboarding guidelines. According to the newly updated rules, the company is banning any “applications built on blockchain technology that issue or allow exchange of cryptocurrencies or NFTs.”
Newly Updated Onboarding Guidelines for Steam Says ‘You Shouldn’t Publish’ Applications ‘Built on Blockchain,’ or ‘Allow the Exchange of NFTs, Cryptocurrencies’
Valve seems to have an issue with games that....
It has been announced for quite some time now, but the updated Steam client has built-in Bitcoin payments. Everyone who updates their client should see the functionality enabled, as it has been made available for users all over the world. Although the updated Steam client does not state so per se, Bitcoin payments are now officially part of the platform. Users can add funds to their Steam wallet through Bitcoin, and considering how the payments are handled by BitPay, transactions should not take that long to complete. This gives all platform users around the world the opportunity to....
The battle between Steam and Epic Games, two of the most important videogame distribution platforms worldwide, has reached the crypto market. As Bitcoinist reported yesterday, video game developer Vault removed and banned crypto-based games from Steam. The decision was met with a reply from its competitor. Related Reading | How The Apple v. Epic Games Case […]
Bitcoins are now being accepted for videogames, courtesy of a service called Steambits. The web site was launched last month by developer Ryan Connors, a lover of videogames, who wanted to offer a way to purchase them using the cryptocurrency. The web site is effectively a video game resale service. The customer pays for a game in bitcoins, and Connors then purchases it from the relevant party in US dollars, sending it to the customer within 24 hours. The site started by offering games from Steam, the online videogaming portal, which sells games to users via online download. However, it....