Microsoft Stops Accepting Bitcoin PaymentsMicrosoft Stops …

Microsoft stopped accepting payments in bitcoins

Microsoft has stopped support bitcoin as a method of payment. The company has been working with cryptocurrency since 2014 of the year, and her last thing decision It has temporary character. About it writes Bleeping computer.

Microsoft Stops Accepting Bitcoin PaymentsMicrosoft Stops ...

This move Microsoft justifies those the same arguments as the content distribution platform Steam, which refused from bitcoin payments in early December, in quality reasons calling “high fees and volatility”.

A few years ago, commissions in networks bitcoin were Total a few cents, but in the present time their the value is measured in tens dollars, ofper making cryptocurrency almost impossible to use for committing microtransactions.

Companies such as Microsoft and Steam are also concerned about the high volatility bitcoin as sharp fluctuations him course may turn around significant losses.

Prior to the restriction, Microsoft did not allow his clients pay for goods with bitcoins directly. Instead of this they are chose the desired top-up amount in dollars, after which contributed the equivalent in bitcoins. Now the same the company offers to use standard payment methods such as bank cards, money transfers and PayPal.

Recall that this is not the only thing that happened on this week event resulting in opportunities on the use of cryptocurrencies when paying for purchases were limited. On Friday it became known about Tom, that the card issuer WaveCrest, services whom enjoyed a number of cryptocurrency companies, were canceled at the request of Visa.