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Substack accepts Bitcoin payments, supports Lightning network

August 23, 2021
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Substack, a platform that will allow end users to monetize material, has announced that it will start off accepting payments in Bitcoin.

Substack accepts Bitcoin payments supports Lightning network
Substack accepts Bitcoin payments, supports Lightning network

This choice will at first only be created out there to a specific group of “cryptocurrency authors”. However, Substack mentioned it will broaden to all end users based mostly on suggestions and demand. Substack is the favored platform of Willy Woo and Dan Held, two of the well known cryptocurrency researchers.

In buy to accept Bitcoin payments, Substack has partnered with OpenNode, a cryptocurrency payment processor. A Substack representative mentioned:

“We are incredibly enthusiastic about this new payment alternative, even if it is only becoming implemented on a modest scale. Bitcoin payments are quick, handy and safe and sound, with very low costs. We will use Lightning Network for transactions, generating payments more quickly than credit score cards. “

Founded in 2017, Substack is a platform that will allow end users to publish text material and make cash from it. Substack mentioned the enterprise at this time has up to 500,000 registered and paid end users to use the support.

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