Users of the popular video game streaming application Twitch can now tip each other using a variety of cryptocurrencies. The integration is made possible by a firm called Streamlabs who have built a protocol that can send tips through a user’s Coinbase account.
Twitch Users Can Now Tip Each Other With Four Different Cryptocurrencies
The well-known video game stream website Twitch is extremely popular, the page sees millions of visitors every month. Now users of the platform can tip each other with four cryptocurrencies including bitcoin cash (BCH), ethereum (ETH), litecoin (LTC), and bitcoin core (BTC). Essentially Twitch streamers can get a Streamlabs account tied to their Coinbase account which enables crypto-infused tips with no additional fees. Streamlabs representative Tom Maneri revealed the integration on Sunday, June 4.
“It’s time to give one of your Lambos a wash, because all Streamlabs broadcasters can now accept cryptocurrency tips,” Maneri details.
Integrating Streamlabs With Coinbase to Tip Using Twitch
In order to integrate cryptocurrency tipping in Twitch users need to have a Coinbase account and head to the Streamlabs ‘donation settings page’ to select the ‘Coinbase option.’ From there you need to log in, and tether your Coinbase account to the Streamlabs platform. After that, a tip page will now show up for viewers, and, just like fiat, cryptocurrency tips work with your alerts as well so you can be notified when receiving a tip. Moreover, there are no fees involved with the process minus the network fee associated with the specific cryptocurrency chosen for tipping.
“Streamlabs does not charge a fee, but some network transaction fees may apply depending on the currency being used,” Maneri explains.
Cryptocurrency proponents are quite pleased with the tipping integration as Twitch is extremely popular gaming site that has millions of unique users and is one of the top 50 most trafficked websites in the world.
What do you think about being able to tip people with cryptocurrency using the streaming video game platform Twitch? Let us know your thoughts on this subject in the comment section below.
Images via Shutterstock, Streamlabs, and Twitch.