Substack is now accepting Bitcoin payments, powered by OpenNode

Substack is now accepting Bitcoin payments, powered by OpenNode

By Edlyn Cardoza

OpenNode, a Bitcoin payments processor, recently announced that Substack, an online publishing platform with over 500,000 paying subscribers, has integrated its Bitcoin API to offer Bitcoin payments on the online publishing platform. OpenNode will support both on-chain and Lightning Network bitcoin payments.

In the collaboration, OpenNode and Substack begin to provide instant, low-cost payments to a select group of crypto-oriented publications. Readers can use Bitcoin to pay for subscriptions to these selected publications, and the publications keep their earnings in Bitcoin.

“We are excited to be working with OpenNode to enable independent publishers to accept crypto payments on Substack,” said Nick Inzucchi, Product Designer at Substack. “This option gives writers more flexibility and freedom, and we look forward to doing more in the crypto space to meet writers’ needs.”

João Almeida, Co-Founder and CTO at OpenNode, said, “Our partnership will enable content creators across the Substack ecosystem to accept Bitcoin payments and withhold income in Bitcoin or convert it to a preferred currency. Writers and podcasters have flocked to Substack to regain creative and financial freedom, and Bitcoin is a natural fit. “

OpenNode was founded in 2018 and is the easiest way to accept Bitcoin. OpenNode offers secure and reliable payment acceptance and withdrawal solutions for companies. From payment buttons to hosted checkouts and e-commerce plug-ins to streamlined APIs, OpenNode brings businesses the benefits of instant, low-cost payments made possible by Bitcoin, the world’s best decentralized payment network, and the Lightning Network, Bitcoin’s scaling solution .

Substack is home to great writing. Writers on Substack are independent publishers who own their work and their relationship with their audiences. With over 500,000 paid subscribers, Substack’s reading community can directly subscribe to authors they trust and value and support them directly through paid subscriptions. Substack was founded in 2017 and is supported by Andreessen Horowitz, Y Combinator, Fifty Years and other investors.

Previous article

Mastercard and Natwest Group launch the Pay by Bank app

Continue reading

Next article

Saxo Bank announces the new appointments for Saxo Markets

Continue reading

Comments are closed.