Popular meme coin, Dogecoin, has witnessed a new addition to the list of firms accepting it as a payment method.
Sling TV Partners With BitPay
According to available information, Sling TV has announced that it is partnering with crypto service provider BitPay, to accept crypto payment. This means that users can subscribe to the streaming service using crypto payment options.
— DISH News (@DISHNews) February 18, 2022
Sling TV is a US-based streaming service owned by Dish Network and has over 2 million subscribers in the United States.
The firm’s addition of crypto payment option also means that the firm would accept payment through Litecoin, Bitcoin, Ethereum, Bitcoin Cash, Wrapped Bitcoin, and Shiba Inu. It would also accept 5 USD-pegged stablecoins, including GUSD, USDP, BUSD, DAI, and USDC.
Crypto Payment Option is Available for Existing Users Only
Presently, the crypto option would only be available to existing users as new subscribers have to first sign up for the service using American dollars. However, subsequent renewals can be made via crypto.
Also, users cannot automate their crypto payments presently. Instead, they’ll have to make a manual repayment each time the existing one expires. The manual prepayment option ranges between one to six months, so users don’t need to renew every month if they don’t want to.
Sling TV has also set up a support page that provides users with all the necessary information about paying in crypto.
The comprehensive page will guide users through the process of making payments. In addition, it will help to reduce any errors that are likely to arise for first-time users of this technology.
Sling TV’s decision to support crypto payments is part of its desire to give users more flexibility and ease of use.
Apart from Sling TV accepting Dogecoin, Elon Musk also confirmed that Tesla will soon be accepting Dogecoin for its charging stations in the future. The carmaker is already one of the few institutions that accept DOGE payments for its products.
The growing acceptance of Dogecoin is yet to tell on its price, which is currently trading at $0.1385 after a 0.4% rise in the last 24 hours. During the last seven days, the asset’s value has dropped by over 7%.