Reddit plans to reneable Bitcoin payments on the platform after disabling it in March, as well as adding support for Ethereum and Litecoin.
In a recent interview, CTO Christopher Slowe said that the company is working on bringing back Bitcoin, confirming that the Coinbase upgrade had taken a backseat to the site’s new design.
“We have been looking at other cryptocurrencies,” he added. “We are looking at Ethereum and Litecoin that are provided by Coinbase as well.”
Reddit is the defacto hub of crypto news and discussion for many, so it was a disappointment to see the platform seemingly backing away. This news will thus be a welcome announcement, even if no set timeframe has been set.
When the option for Bitcoin Gold users to pay via Bitcoin was removed, Reddit said: “The upcoming Coinbase change, combined with some bugs around the Bitcoin payment option that were affecting purchases for certain users, led us to remove Bitcoin as a payment option.
“We’re going to take a look at demand and watch the progression of Coinbase Commerce before making a decision on whether to re-enable.”