Thursday, December 11, 2014

Microsoft now accepting Bitcoin at Xbox and Windows online stores


Bitcoins
Bitcoin just got a big boost in stature as Microsoft is now accepting the cryptocurrency for digital content from its stores. If you live in the US, you can use it to buy apps, games, music and videos from the Windows, Windows Phone, Xbox Games, Xbox Music and Xbox Video stores. According to Coindesk, Redmond partnered with Bitpay to make the new arrangement possible. Microsoft pointed out that you only add $100 at a time using Bitcoin, the payments can't be refunded and supported is limited to the United States. In addition, they can only be used to purchase digital goods and not products like Microsoft Lumia phones.

Microsoft now joins other tech players like Dell, which has gone all-in on Bitcoin and accepts it for most products on services. PayPal has a deal with Coinbase to help online stores accept Bitcoins, though you still can't add them to your digital wallet. So far Amazon, the 800-pound gorilla of the e-commerce world, has strongly resisted the digital currency, however.

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