Social media platform Reddit is planning to reinstate cryptocurrency as a payment option for its gold members - and this time bitcoin won't be the only option.
In an interview with Cheddar on Thursday, the site's chief technology officer, Chris Slowe, said that, while bitcoin's spiking transaction fees and an integration issue with its cryptocurrency payments processor Coinbase had led to Reddit dropping bitcoin as a payment method in March, the option is likely to return once the platform has completed a redesign.
Furthermore, the CTO stated that the site is looking to add more crypto options than just bitcoin this time round. Source
In an interview with Cheddar on Thursday, the site's chief technology officer, Chris Slowe, said that, while bitcoin's spiking transaction fees and an integration issue with its cryptocurrency payments processor Coinbase had led to Reddit dropping bitcoin as a payment method in March, the option is likely to return once the platform has completed a redesign.
Furthermore, the CTO stated that the site is looking to add more crypto options than just bitcoin this time round. Source