The popular meme coin, Dogecoin, has seen a new addition to the list of companies that accept it as a payment method.
Sling TV collaborates with BitPay
According to available information, Sling TV has announced that it is partnering with crypto service provider BitPay, to accept payment in crypto. This means that users can subscribe to the streaming service using crypto payment options.
Sling TV is a US-based streaming service owned by Dish Network and has over 2 million subscribers in the US.
The addition of the crypto payment option also means that the company will accept payment through Litecoin, Bitcoin, Ethereum, Bitcoin Cash, Wrapped Bitcoin, and Shiba Inu. It would also accept 5 USD-pegged stablecoins, including GUSD, USDP, BUSD, DAI, and USDC.
The payment option is only available to existing users
Currently, the crypto option would only be available to existing users, as new subscribers must first sign up for the service using US dollars. However, subsequent renewals can be done via crypto.
Furthermore, users cannot automate their crypto payments currently. Instead, they will have to do a manual refund whenever the existing one expires. The manual prepayment option ranges from one to six months, so users don't have to renew every month if they don't want to.
Sling TV has also created a support page that provides users with all the necessary information on crypto payment.
The full page will guide users through the checkout process. It will also help reduce any errors that may occur for first-time users of this technology.
Sling TV's decision to support crypto payments is part of its desire to give users more flexibility and ease of use.
In addition to Sling TV accepting Dogecoin, Elon Musk also confirmed that Tesla (Tesla shares - TLSA ticket) will soon accept Dogecoin for its charging stations in the future. The automaker is already one of the few institutions that accept DOGE payments for its products.
Dogecoin's growing acceptance is yet to say about its price, which is currently trading at $ 0,1385 after a 0,4% rise in the past 24 hours. Over the past seven days, the asset's value has fallen by more than 7%.