Adoption: Pornhub Premium Now Accepts Bitcoin and Litecoin for Payments

Launched back in 2007 in Montreal, Canada, Pornhub is undoubtedly one of the largest, if not the largest adult websites out there.

Pornhub Premium is the company’s source for HD adult videos, where users have to pay a fee to watch, and now they can do so using Bitcoin and Litecoin.

Pornhub Premium Accepts Bitcoin and Litecoin Payments

Pornhub Premium, the HD arm of the popular adult website Pornhub, has announced that it now accepts Bitcoin and Litecoin as payment methods.

To further expand our cryptocurrency options for Pornhub Premium, we’re excited to announce that we now accept Bitcoin & Litecoin as payment methods! – Tweeted the company.

It’s important to outline that there’s a significant difference between the two websites, even though they belong to the same brand. Data from Similar Web shows that Pornhub receives around 3 billion monthly visitors, whereas Pornhub Premium has peaked at around 286 million in April, and its traffic is down to 97 million monthly visitors for July.

pornhub_similarwebPornhub Premium Stats. Source: SimilarWeb

Nevertheless, this is a huge audience that can now pay using Bitcoin or Litecoin, and it’s undoubtedly a push in the right direction when it comes to mass adoption of cryptocurrencies.

Pornhub’s Journey With Cryptocurrencies

Earlier in 2019, the company announced that PayPal has cut off payouts to “over a hundred thousand performers who rely on them for their livelihoods.”

Indeed, PayPal used to be one of the more commonly used payment processors that Pornhub worked with. As such, when it was cut, a lot of performers found themselves looking for an alternative. At the time, CryptoPotato reported that cryptocurrency leaders pushed Pornhub to Bitcoin as a decentralized and completely immutable way of sending and receiving money.

The adult website is no stranger to crypto as it had already allowed payments through Verge and Tron’s TRX and later announced that they would accept USDT as well.

In any case, Pornhub Premium accepting Bitcoin and Litecoin is certainly good news as more large corporations continue to accept the largest cryptocurrency as a means of payment.

The post Adoption: Pornhub Premium Now Accepts Bitcoin and Litecoin for Payments appeared first on CryptoPotato.

Publication date: 
09/02/2020 - 19:15

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