Cryptocurrency payment on adult sites has drastically increased recently as site visitors results to it as a tool for a transaction. Many cryptocurrency sites such as Livejasmin, Naughty America, Pornhub, Xotika, Playboy plus, among others have adopted it for the advantages it offers to their clients.
Cryptocurrency Payment Rise on Adult Sites
Crypto payment is very much preferred to the traditional means of transacting using credit cards. Even though cryptocurrency is viewed by its opposition as a means for deal related to illegal activities like money laundering, hard drugs purchases, child trafficking, and related vices, it has become major reliant for medium scale merchant stores to provide quick, fast, and anonymous transactions for their clients.
Adult sites have also joined the trail of the usage of cryptocurrency payments as many now include it on their platform for conducting financial operations.
Crypto Payment; a Tool For Anonymity and Salvaging Image
The fiat currency gives a track of transaction through bank statements, while the features of cryptocurrency payment made a much preferable means of payment for an adult site. It is not a hidden fact that many that use the adult site would not want to be connected to it in most cases.
Hence users prefer the usage of cryptocurrency payment than to use credit and debit cards for a transaction which is very prone to live traces of their ventures to the bank and the society. The decentralised nature of cryptocurrency payment and the secrecy it offers has made it boom with adult sites.
Leading the cabal of adult sites that have adopted cryptocurrency payment is Pornhub, a significant player in the industry. The site has taken the usage of Tron, ZenCash, and Verge, which has been focused on better privacy for their clients. Verge has received high usage for payment on the platform since it was introduced in April of this year.
The vast increase in usage has been admitted to its perfect feature of secrecy it offers to their clients, with over 1000 verge transaction already confirmed. According to the vice president of Pornhub, Corey Price, over 90 million visitors patronise the site daily, and keeping their privacy intact is a primary goal for the growth of their business. The decentralised and private ledger feature of the crypto payment has made it difficult for hackers to track IP address users as well as their identity.
The new development of cryptocurrency payment for an adult site is now adopted by many dating sites, as the privacy of users becomes the priority of dating site as well. Crypto payment has become a tool to hide the identity of users of a porn site, regardless of the status of such in the society, as many prostitutes, aristocrats, and others, now find solace in crypto payment for satisfying their pleasure efficiently.
Even though the adult site is mostly frowned at as a vice, and also not helpful for physical, sexual satisfaction for partners, this trend will undoubtedly continue to grow, especially with the anonymity it offers.
