Streamlabs Boosts Twitch Streams, Accepts Tips In Crypto

Streamlabs Accepts Crypto Tips

At Streamlabs, a Twitch streaming app, broadcasters are now taking cryptocurrency as tips, posted on the Steamlabs blog.

The Amazon-owned Twitch collected 2 billion viewing hours in the first quarter of 2018. Steamlabs accounting for 15 percent of Twitch streams, according to the market intelligence provider NewZoo. Steamlabs declared they had received $35 in tip during Q1 2018 alone.

The broadcasters must connect their account to a Coinbase wallet to enable crypto tips. While Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) are the only coins, which can be processed at Coinbase, currently accepted as a tip, Streamlabs will be “looking into adding other coins in the future.”

Bitcoin payments have accepted by Twitch since 2014 with a short gap they moved over to Coinbase in 2016.

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