Growing history of emerging Bitcoins for Gamers

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Thousands of companies around the world accept Bitcoin as payment. OPSkins, an online market of digital game, demonstrates the value of pairing of the crypto-currency with a digital economy and sets a new standard for how companies should integrate with Bitcoin.

OPSkins has grown quickly in the most active market for purchase and sale of virtual items, specifically to Counter Strike: Global Offensive (CS: GO), Dota 2 and Team Fortress 2.

“The community of players around OPSkins is the perfect group to demonstrate the power of Bitcoin as the safer payment method for digital purchases”, said the Senior Sales engineer of BitPay in a statement to the Bitcoin magazine.

The company was founded in the beginning of 2015 and now has more than 1 million users and more than 3,000 entries daily, with more than 6 million of sold items – more than 300,000 per week. The rarest of these items sold up even to $10,000.

A bigger community of people around the world began to change digital Skins by Bitcoins until the arrival of OPSkins, which introduced this system in its platform in August 2015. Bitcoin helps to expand their international reach and reduces the risk of fraudulent returns that happens with other payment options online. Bitcoin is also very popular among the players, because many of them are under 18 years and are not able to obtain a credit card.

According to a publication of BitPay blog, “A few months after the acceptance of Bitcoin, [OPSkins] already is being processed transactions of 400-500 Bitcoins per week”.

Shortly after of accepting Bitcoin transactions, OPSkins was launched with Bitcoin as an option for payments, as well as PayPal. According to BitPay, OPSkins has daily payments to the sellers of $40,000 in Bitcoin.

“OPSkins is showing how companies can use Bitcoin coming and going to expedite the processing of transactions and reduce costs,” said Glaze Bitcoin Magazine. Who expect these digits will increases just like the Bitcoin transactions.

Other processors of payment Bitcoin, like AcceptBT, are also noting an increasing interest by the traders in maintaining the Bitcoin receiving. Jamie Robinson, the company’s founder, told the magazine Bitcoin “increasingly more merchants in Canada are wondering about the possibility of keeping all their Bitcoins in the same currency, or keep a percentage of each transaction in Bitcoin and convert the rest in dollars.”

Bitcoin retention is becoming very popular for merchants doing business online. Last week, Collectif market, an online store that caters to the student market, released his option for Bitcoin payment, and Jeremy Smith, one of the company partners, said to Bitcoin Magazine that he prefer to stay with 100 percent of his Bitcoins instead of automatically convert to dollars.

By: BitcoinMagazine

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1 Response

  1. DigiCube says:

    Think about Paypal (I hate it, but let’s use it as example). Is Paypal mainstream? I don’t think so. It had a volume of transactions of only 180 billion on 2013, about 150 million active registered accounts and in many countries you can use it as mean of payment only on a few places. So, it reached about 2 of world population.

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