Reddit Will Return Bitcoin as a Payment Option and Will Start to Support  ETH and LTC
Bitcoin will be accepted within the social media platform Reddit again. It will also support such digital currencies as Litecoin and Ethereum soon. This was mentioned in an interview with Christopher Slowe, chief technical officer and founding engineer of Reddit. In addition, the platform representative noted working with cryptocurrencies, which is accompanied by a high commission fee for conducting transactions, as well as problems with Coinbase. Most likely, working with Bitcoin will resume after the redesign of the platform. Also, Slowe said that, besides BTC, they could add Ethereum and Litecoin to the platform:
“We have been looking at other cryptocurrencies. That was a part of the issue with the high fees on the Bitcoin networks. We are looking at Ethereum.. also looking at Litecoin that are both provided by Coinbase as well.”
We remind you that Reddit decided to suspend the use of Bitcoin as a payment method for premium subscription in March. The main reason for this was the malfunctioning of the Coinbase Commerce service. Subscribe to The Coin Shark news in Twitter: