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Adult movie site Pornhub accepts crypto payments

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1 year ago

Pornhub the world's largest adult site, accepts crypto-only payments for its premium services. The move took place on the website today after Visa and Mastercard discontinued their services last week, Pornhub accepts payments in crypto. Major credit card companies have discontinued services on Canadian porn platforms. According to a New York Times article, it details that Pornhub has permission to upload videos showing sexually active minors and women being assaulted. Visa and Mastercard's decisions are the latest and most likely to have an impact on Pornhub's payment systems. In November 2019, PayPal started blocking payments for Pornhub actors. Soon after, Pornhub began accepting payments as Crypto coins such as Verge (XVG), Tron (TRX) and Tether (USDT), Pornhub are now accepting additional cryptocurrencies: Bitcoin (BTC), Bitcoin Cash (BCH), Dash (DASH), Ethereum. (ETH), Ethereum Classic (ETC), Litecoin (LTC), Monero (XMR), NEM (XEM), Tether (USDT), Tron (TRX), Verge (XVG), ZCash (ZEC) and Waves (WAVES). Increased use of Pornhub. Pornhub has grown significantly, especially during the time of COVID-19. The epidemic hit 3.6 billion users in August 2020, according to data from Pornhub's user base is already huge. Thus, Visa and Mastercard's removal of services on the Pornhub platform has not only had a significant impact on the company. The fact that two of the world's top payment companies discontinued Pornhub meant that the platform's performers couldn't make any money. Pornhub's business tends to earn more advertising revenues, so they may not suffer that much.

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