$ 1,061.36 3.52%
$ 33.69 0.65%
$ 0.066237 4.28%
$ 4.61 2.16%
$ 19,774.23 1.60%
$ 219.80 0.12%

Sling TV set to allow crypto payments

Sling TV

TL;DR Breakdown

• Streaming service will accept payments in different cryptocurrencies and stablecoins.
• Sling TV announcement could motivate other streaming services.

Sling TV has announced that it will accept crypto payments using the BitPay wallet to all its clientele. Since cryptocurrencies reached their all-time high in 2021, several companies, including pay-TV services, have considered accepting them.

The American company plans to provide the best payment solutions to its clients, and the management believes that accepting cryptos is a good option.

Streaming services interested in the crypto market

Sling TV

Sling TV, an American streaming service founded in 2015, has taken the step to accept crypto as a payment method. According to reports, the company will accept Bitcoin, the number one crypto in the market, Ethereum, Shiba Inu, Litecoin, Dogecoin, Wrapped Bitcoin, and several stablecoins including USDC, BUSD, and USDP from BitPay. It is to be remembered that the crypto wallet only works with the ERC-20 technology linked to the Ether Blockchain.

The announcement revealed that the clients would require a BitPay account to pay for the subscription. Similarly, Sling TV will not limit crypto transactions from another Wallet to BitPay.

Prepaid server cancellation on Sling TV will be limited until further notice. However, the American company promised to announce progress on the project.

Sling TV trusts the cryptocurrency market

The crypto market has not been as committed to streaming servers as it should be, but this may change with the Sling TV adoption. This step taken by the sling manager will allow other companies such as Hulu, FuboTV, or Philo to accept cryptos as payment, or at least expected.

In anticipation of this new development, Sling TV has reminded its users that crypto payments are not processed with the TDC. With the server that accepts the subscription payment with BitPay, the beneficiary must adapt to payment with a maximum acceptance range of 24 hours. Sling also clarifies that it will not send refunds in cryptos, as this issue is left in the hands of the crypto wallet.

The streaming company keeps the price of its plans the same after the latest announcements. The Sling Orange package is worth $35 per month with a lineup of up to thirty channels. But the Sling Blue package adds about forty channels to the lineup for the same price. The only discount that Sling could give with the payment in cryptos is if the client pays the semester.

Carisbel Guaramato

Carisbel Guaramato

An avid content creator for over 4 years, Carisbel spends her time on blogs and technology news. She honed her skills as a social communicator and now finds crypto and blockchain news events worldwide for transmission through Cryptopolitan's neutral and incisive way.

Related News

Hot Stories

Bitcoin price analysis: Bears all set to nuke BTC as $19k support fades
Cardano price analysis: ADA swiftly returns back to $0.44, reversal next?
Dogecoin price analysis: DOGE declines down to $0.062 amid growing seller pressure
Chainlink price analysis: LINK price sinks to $5.95, a further downside to follow?
SKALE Price Prediction 2022-2031: How high can SKL get?

Follow Us

Industry News

CoinFlex CEO announces a shift in withdrawal date
Three Arrows could be liquidated due to the crypto market's bearish streak
Ronin bridge returns online after hack
Compass Mining loses Bitcoin mining facility for neglecting energy bill
Robinhood shares spike 14% on FTX rumored purchase report