Twitch and Streamlabs remove cryptocurrency as payment option.
Streaming platform Twitch has removed its only processor of cryptocurrency payments, BitPay, from its list of options.
The unannounced removal was first noticed on Reddit.
Although adoption by vendors was once the primary goal of Bitcoin (BTC), in the past two years, we have seen more and more vendors dropping the cryptocurrency altogether. Some would argue that this downward spiral started with Steam, which stopped accepting Bitcoin because of its ‘high fees’ in December 2017. Since then, the number of digital platforms accepting the market leader has stagnated or dropped off altogether.
Now, you can add Twitch to this list of companies undoing their support of cryptocurrency payments. Without any prior announcement, Twitch has quietly gotten rid of BitPay from its payment options. Through BitPay, users were previously able to pay in either Bitcoin or Bitcoin Cash (BCH).
More on https://beincrypto.com/