Customers in the US can now purchase apps, games and more for Windows, Windows Phone and Xbox with their bitcoins.
Microsoft has added the digital payment option for those wishing to add money to their Microsoft accounts. Via BitPay, they can trade-in bitcoin – at current market value — and use those funds to buy content in the online Windows and Xbox stores.
Users simply select how much money they want to transfer into their account and BitPay calculates the equivalent amount in bitcoin. At the moment, customers can only exchange up to US$1,000 per day and no more than US$5,000 to additional Microsoft accounts that are registered in their name.
“For us, this is about giving people options and helping them do more on their devices and in the cloud,” says Eric Lockard, corporate vice president of Universal Store at Microsoft. “The use of digital currencies such as bitcoin, while not yet mainstream, is growing beyond the early enthusiasts. We expect this growth to continue and allowing people to use bitcoin to purchase our products and services now allows us to be at the front edge of that trend.”
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