Valve Drops Bitcoin As A Steam Payment Option

6 Dec 2017.

Today, with Bitcoin surging past $12,000 per coin, Valve has announced that " Steam will no longer support Bitcoin as a payment method on our.

Less than two years after adopting Bitcoin as a payment option on Steam, Valve has announced that it is dropping support for the virtual currency. The decision to eliminate the option comes as a.

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Valve has announced that it is dropping bitcoin as a payment option on Steam due to high service fees and fluctuating prices. In a statement, Valve explained that the transaction fee charged to its customers using bitcoin has skyrocketed this year. Just last week, it became $20 per transaction.

07/12/2017  · According to a post on their forums, “Steam will no longer support Bitcoin as a payment method on our platform due to high fees and volatility in the value of Bitcoin.” One of the reason behind this is due to the high transaction fees for purchases using Bitcoin.

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07/12/2017  · Steam will no longer accept Bitcoin on the store. Valve revealed the change in a blog post, citing volatility of the currency’s value and high processing fees as the two main reasons behind its.

7 Dec 2017.

Gamers can no longer pay with bitcoin on the gaming platform Steam. Steam, which is owned by developer Valve Corporation, said in a blog.

06/12/2017  · When Valve first started accepting Bitcoin as an option for Steam purchases last April, the cryptocurrency was trading around $450. Today, with Bitcoin surging past $12,000 per coin, Valve.

6 Dec 2017.

As of today, Steam will no longer support Bitcoin as a payment method on our.

Unfortunately, Valve has no control over the amount of the fee.

even greater problems when the value of Bitcoin itself drops dramatically.

Valve drops bitcoin as a steam payment optionAnyone know of a location on the steam website where you can request Dogecoin as a payment option? The reason they dropped Bitcoin seems mainly because of the high fees, which is obviously not an issue if they used Dogecoin instead.