There is a big news which has just increased the value of the digital currency, Bitcoin. Microsoft have announced that they will start accepting Bitcoin as a mode of payment for its digital content offered on the Windows and Xbox online stores.
Bitcoins can now be used to add money to your Microsoft account. Right now this only limited to $100 at a time. Once you have added money to your Microsoft account using Bitcoin, it can be used to pay for your games, apps and other digital content from Windows, Windows Phone, Xbox Games, Xbox Music, or Xbox Video stores. The acceptance of Bitcoin as a mode of payment is limited only to United States right now.
You can only purchase digital content and not products like a smartphone using Bitcoins as a payment method. Also, all the transactions done using Bitcoins will be non-refundable.
The news of Microsoft accepting Bitcoin is really a surprise move by the tech giant. We have to wait and see if Microsoft agrees to make this service available in other countries as well. If you would like to know how to use Bitcoin with your Microsoft account, you may check it out here.
Don’t know what Bitcoin is or want more details ? Check out our guide on Bitcoin for more information.