Big Fish Games Accepts Bitcoins for Payments

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America’s Big Fish Games signed a partnership agreement with Bitcoin wallet provider Coinbase to allow online gaming enthusiasts to play games with Bitcoins. Famous for producing games like Big Fish Room of Memory and Casino, Big Fish currently allows users to set up an e-wallet and use Bitcoin for payments. Players can also set up shortcuts that will allow them to get ahead of prolong their game.

How to Use Bitcoin at Big Fish

The Californian payments company Coinbase provides the technology that allows users to make Bitcoin transactions that come with smaller fee compared to the other traditional payment methods. Big Fish has earlier announced that it plans to set the pace for a new payment technology that would become mainstream.

Paul Thelen, chief executive and founder of Big Fish, said that this was not a test. “We are very excited to offer new payment option to about 105 million game players that visit our app store. Coinbase is one of the safest and most secure Bitcoin wallet providers in the industry.”

“Own partnership with Big Fish is our first partnership agreement of this kind,” said the co-founder of Coinbase Fred Ehrsam. “This is a big step forward for the growing adoption of Bitcoin and for the small purchases on the internet.” Coinbase currently works with 25,000 different merchants and it is also backed by Andreesen Horowitz, one of the first firms to invest in Facebook.

However, many people fear about the security and volatility of Bitcoin. Critics believe that Bitcoin is unsafe because it is created from computer code and it is hard to regulate. In addition, it is not backed up by any government or jurisdiction. Furthermore, Bitcoin is associated with money laundering because in its early days it was used for buying illegal drugs. The reputation of Bitcoin was given a further blow when in February Mt Gox, the largest Bitcoin exchange in the world, said that 750,000 Bitcoins had gone missing.

Nevertheless, there are no clear signs that Bitcoin will go away soon. Moreover, more and more companies are accepting it as payment option. Big Fish Games is one of the many companies that have accepted it. If you want to read more about the operator, read the full Big Fish Casino review.

Bitcoin is a digital currency that allows people to make payments over the Internet at any time. It uses cryptography to control the transfer of money. Read more about Bitcoin here.