As first revealed in a recent Reddit post, Twitch, which uses Xsolla as its payment processor, has removed the payment functionality provided by BitPay. BitPay and Coinbase previously enabled users to subscribe to partner channels with major cryptocurrencies, including Bitcoin (BTC) and Bitcoin Cash (BCH).
Despite another Reddit user’s claim that Streamlabs, which provides a popular set of tools and software for streamers, has also removed its crypto donation functionality, we found the option still active on the platform.
Notably, Fan Bits, a new platform that enables content creators, such as streamers, to build and sell their own non-fungible crypto assets, is still available as an extension on Twitch. This is likely to persist, as Fan Bits’ parent company, Rare Bits, is backed by both Twitch CEO Emmett Shear and the company’s founder, Justin Kan.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.