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Bitcoin [BTC], Ethereum [ETH], Litecoin [LTC] and Monero [XMR] accepted for payments by adult site CamSoda

Priya

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Bitcoin [BTC], Ethereum [ETH], Litecoin [LTC] and Monero [XMR] accepted for payments by adult site CamSoda
Source: Unsplash


Bitcoin [BTC] and other cryptocurrencies in the market have been trying to gain more adoption in terms of real-world use-cases. One way of doing this is being accepted as a mode on payment in exchange for services. One of the main industries that have taken the lead in this regard is the adult entertainment industry. CamSoda, an adult entertainment company, announced cryptocurrency payment support for most of the leading cryptocurrencies in the market.

The first digital currency accepted by an adult site was Verge [XVG], a trendsetter in the cryptocurrency space. After a huge marketing round over a “mysterious” partnership that was billed as the “biggest collaboration in the entire industry,” the Verge team announced its partnership with PornHub, a popular website for adult content.

This partnership received both positive and negative responses from the cryptocurrency space, with a majority stating that it could push forth cryptocurrency adoption. The next notable announcement was Tron [TRX], currently the eleventh-largest cryptocurrency, being accepted as a mode of payment on PornHub. Additionally, the two coins also gained support from Brazzers, Natakugames, and Traffic Junky.

The acceptance of cryptos for payments by CamSoda is the latest affair between the adult entertainment industry and cryptocurrencies, Hard Fork reported. The leading adult industry player will allow its users to purchase tokens with seven different digital currencies. The cryptos listed on the platform are Bitcoin [BTC], Ethereum [ETH], Bitcoin Cash [BCH], Litecoin [LTC], Monero [XMR], Tron [TRX], and ZCash.

Source: CamSoda | Hard Fork

Source: CamSoda | Hard Fork

Daryn Parker, VP of CamSoda, said in a statement to Hard Fork,

“Now that we are seeing more adoption of the technology, we decided to give our users what they’ve been asking us for some time”





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Priya is a full-time member of the reporting team at AMBCrypto. She is a finance major with one year of writing experience. She has not held any value in Bitcoin or other currencies.

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