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Breaking News: Ripple Launches $750 Million Share Buyback, Boosting Valuation To $50 Billion
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Breaking News: Ripple Launches $750 Million Share Buyback, Boosting Valuation To $50 Billion

Music Streaming Service Grooveshark Begins Accepting Bitcoin

newsbtc
newsbtc
Last Updated: October 7, 2020 11:36 am
2 mins read

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Here’s another big company accepting bitcoin for premium services.

Music streaming service Grooveshark is now accepting the digital currency in a move that makes it one of the first companies in the music space to embrace bitcoin.

Users have the opportunity to pay $5 per month for the service or $50 annually.

Grooveshark-Bitcoin-Payments

You can see in the screenshot above that Bitcoin is clearly listed aside traditional payment methods (in addition to promotional codes, of course).

Although interestingly, it doesn’t appear as if the company has integrated any form of third-party payment processor like Coinbase and BitPay — which seems to be what an overwhelming amount of merchants here in the United States seem to be doing.

Though no announcement has been made yet via press channels, some users have reported receiving a message from the company’s support group making them aware of the new payment option.

Here’s an email a user on Reddit received:

Hello! Within the past year we received an email from you requesting a Bitcoin payment option. I am writing to give you some great news – We now accept Bitcoin payments for premium subscriptions! You can use this payment option by visiting http://grooveshark.com/#!/settings/subscription and using the upgrade option. We appreciate you letting us know you’d like to see this payment option so we could continue to improve for our users. Rock on!
Best,
Jessica – Community Developer

According to Alexa data, Grooveshark is in the top 1,000 websites visited in the world every day.

NEWSBTC has reached out to the company for official comment and more information, but did not receive a response before time of publishing.

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Comments 2

  1. Stefan K says:
    12 years ago

    Perfect, just reactivated my account today and paid with BTC.

    Reply
  2. jeff says:
    12 years ago

    Awesome! Just went and paid with bitcoin!

    Reply

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Comments 2

  1. Stefan K says:
    12 years ago

    Perfect, just reactivated my account today and paid with BTC.

    Reply
  2. jeff says:
    12 years ago

    Awesome! Just went and paid with bitcoin!

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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