Microsoft Bets on Bitcoin, Begins Accepting Cryptocurrency

[[Coi] Mr.CLuBBeR]

You can now add money to your account using Bitcoin

After spending all that time collecting hardware and setting up virtual coin mining machines, you're now ready to cash in, but where can you spend your cryptocurrency? We've seen a rise in the number places accepting Bitcoin over the past year, and believe it or not, Microsoft has now jumped on the bandwagon as well. Sort of, anyway. You can now use Bitcoin to add money to a Microsoft account, and in turn buy apps and other digital goods from its online stores.
The always attentive folks at Reddit brought attention to a help page on Microsoft's website that talks about Bitcoin. The way it works right now is you can't use Bitcoin directly to make purchases, though Microsoft does let you add money to your Microsoft account (Microsoft wallet or digital gift card) by redeeming your Bitcoin currency. Just go to Payment options > Microsoft account > redeem Bitcoin and follow the instructions.
Microsoft says that most Bitcoin transactions should process immediately, but if it doesn't for whatever reason, it asks that you wait up to two hours for the transaction to complete before contacting support. You should also note that Bitcoin redemption on Microsoft (through Bitpay, it appears) is only available in the U.S.
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