Cryptocurrencies have been deeply involved in the porn industry for a long time now and have been used as the privacy-enhanced mode of payment when dealing with sensitive content of this sort. As a major boost for the adoption of cryptocurrencies, Pornhub, the world’s largest porn site, has now started to accept Bitcoin (BTC) and Litecoin (LTC) as a means of payment.
According to an announcement on the platform’s official Twitter handle, users can now pay for a premium subscription on the platform using BTC and LTC.
Vice President at Pornhub, Corey Price, states that the latest addition comes in line with the company’s efforts to continue to implement new technologies to stay ahead of the competition. He said:
“As a leader in adult content with over 130 million visitors per day, Pornhub is excited to now offer two widely-used and leading digital currencies for our users. Our team continues to pave the way for tech development, testing and implementing new technology for everyday consumers far ahead of the mainstream market.”
This is a great boost for both Bitcoin and Litecoin since Pornhub is the ninth most popular website in the world with over 3 billion monthly visitors. The company is also just a year older than BTC and was founded in Montreal, Canada, in 2007.
Pornhub first started accepting cryptocurrencies back in April 2018 after it partnered with popular cryptocurrency, Verge (XVG), with the token also listed as a payout method for models.
The company made the headlines back in November 2019 when leading American payment processor PayPal stopped processing the payments related to the adult platform, cutting off pay-outs to “over a hundred thousand performers who rely on them for their livelihoods.”
Since then the platform has added support for other cryptocurrencies like Tron (TRX), Horizen (ZEN), and popular stable coin Tether (USDT).
Earlier this year, the platform partnered with crypto payment processor Puma Pay to enable recurring subscription services for Pornhub Premium, the platform’s high-definition, on-demand premium subscription service.
