The popular digital currency Bitcoin gained a bit of steam yesterday as Microsoft announced that users can now add money to their Microsoft accounts using Bitcoin. Microsoft accounts are used as a payment option to purchase games, apps, video and music content from Microsoft’s Windows, Windows Phone, Xbox Games, Xbox Music, and Xbox Video stores.
Unfortunately, Bitcoin can only be used for customers living in the U.S. and there is no word when adding funds to Microsoft accounts outside the U.S. with Bitcoin will be implemented. There are a few limitations as well:
- Most Bitcoin transactions should process immediately. If it doesn’t, please wait up to two hours for the transaction to complete before contacting support.
- Money added to your Microsoft account using Bitcoin cannot be refunded, so make sure to review your transaction before paying with your digital wallet.
- You can only use Bitcoin to add money to your Microsoft account and then purchase digital goods at select Microsoft online stores. You can’t use Bitcoin to purchase Microsoft products and services directly at this time.
- Support for adding money to a Microsoft account with Bitcoin is currently limited to the United States.
- If you believe that there was an error with your Bitcoin transaction, please Contact Support.
Even still, this is welcome news for users of the growing digital currency movement to see a major player like Microsoft come on board with accepting it for certain purchases.
Do you plan to use Bitcoin to top up your Microsoft account? Let us know in the comments below, or on Google+, Twitter, or Facebook![button link=”https://commerce.microsoft.com/PaymentHub/Help/Show/toc_link_no_50?lang=en-ca” icon=”fa-external-link” side=”left” target=”blank” color=”285b5e” textcolor=”ffffff”]Source: Microsoft Payment & Billing FAQ[/button]
Last Updated on November 27, 2018.