Twitch is giving subscribers a 10% discount if they pay using cryptocurrencies.
- A live-streaming platform popular with video gamers, Twitch had around 3.8 million broadcasters in Q1 2020 and around 1.44 million concurrent users as of March 2020.
- Twitch introduced a cryptocurrency payment option in 2014 but quietly removed it in Q1 2019; it was brought back in June.
- Offering a discount suggests the platform is encouraging its subscribers to use cryptocurrencies for goods and services rather than just as a speculative investment.
- The company uses U.S.-based BitPay to process its crypto payments.
UPDATE (July 28, 18:45 UTC): Removed erroneous reference to litecoin, which is not accepted for the promotion; added five currencies that are.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.