May 3, 2024

TIME edition accepts payment in BTC and keeps it on the balance

TIME edition accepts payment in BTC and keeps it on the balance

The American weekly magazine TIME will begin accepting payments in Bitcoin. The opportunity is realized within the frameworkcooperation with the largest digital asset management company Grayscale Investments. The information was disclosed by the CEO of Grayscale Michael Sonnenshine.

“I am pleased to announce the collaboration of Grayscale with TIME inas part of a new series of videos coming out this summer with explanations regarding the cryptocurrency space. An equally important part of the announcement: TIME President Keith Grossman and the magazine itself agreed to accept payment in Bitcoin. They will keep BTC in the balance. For us, this is the first cooperation of this kind in the media space "- wrote Sonnenschein.

No other details of cooperation for the currentmoment no. Grossman confirmed the information by reposting the entry on Twitter. Recently, TIME's president has shown significant interest in Bitcoin, distributing the most significant publications on the topic through his account. TIME recently released its own NFTs based on three magazine covers.

TIME is not the first company to decide to acceptpayment in bitcoin and store the received cryptocurrency. The electric car manufacturer Tesla, which invested $ 1.5 billion in BTC from its own reserves, has been accepting payments in bitcoins from customers since the second half of March and promises not to liquidate them after receiving.

Where is it more profitable to buy bitcoin? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Bybit https://bybit.com 7.5
3 OKEx https://okex.com 7.1
4 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform Features– availability of additional features — futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

TIME edition accepts payment in BTC and keeps it on the balance

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