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Usage Analysis for the ERC-20 and ERC-721 Tokens

by Paul Arssov (disclosure — I am developing an automated cryptocurrency trading system at arstech.biz)1. IntroductionThis is a technical article — as such represents less of a personal opinion and more of facts based on actual data at the time of the article was written (May 2019).The ERC20 is a smart contact standard, basis for programs that are executed on the ETH and some derivative blockchains (EOS,Telos…). ERC721 is a newer version of the standard.The article answers the following questions -- how many ERC20 and ERC721 tokens are listed on the ETH blockchain? How many of them are the newer ERC721 type of tokens?- how many of these ERC20/721 tokens are actually listed on centralized crypto-currency exchanges?The Ethereum ecosystem is buzzing with activity. The impression of an ordinary person is that there are hundreds if not thousands of smart contracts and coins — new ones popping up every day.2. How many ERC20 and ERC721 tokens are listed on the ETH blockchain? How many of them are the newer ERC721 type of tokens?The following information was obtained by a program calling the REST API set of — blockscout.com and obtained from the Ethereum blockchain.The initial version of the program did return a list of several hundred smart contracts and the following list of 165 symbols. Then I found a bug in the program!Here is the initially found list of tokens -0 sym-SNX / Synthetix Network Token ERC-201 sym-WETH / Wrapped Ether ERC-202 sym-REP / Reputation ERC-203 sym-OCN / OCoin ERC-204 sym-PLANET / 0xUniverse ERC-205 sym-XYO / XY Oracle ERC-206 sym-SNX / Synthetix Network Token ERC-207 sym-WETH / Wrapped Ether ERC-208 sym-REP / Reputation ERC-209 sym-OCN / OCoin ERC-2010 sym-PLANET / 0xUniverse ERC-2011 sym-XYO / XY Oracle ERC-2012 sym-0x9f8f…. / 0x9f8f…. ERC-2013 sym-NKC / NeworkCoin ERC-2014 sym-REN / Republic Token ERC-2015 sym-MANA / Decentraland MANA ERC-2016 sym-EDN / Eden Coin ERC-2017 sym-KBC / KaratBank Coin ERC-2018 sym-BQTX / BqtX Token ERC-2019 sym-MLBCB / LucidSight-MLB-NFT ERC-72120 sym-ANET / ANET ERC-2021 sym-CK / CryptoKitties ERC-72122 sym-OLT / Oneledger Token ERC-2023 sym-GEM / Gems Token ERC-2024 sym-GCC / GameCell ERC-2025 sym-NEXO / Nexo ERC-2026 sym-GST2 / Gastoken.io ERC-2027 sym-CTN / Crypton ERC-72128 sym-P3D / PowH3D ERC-2029 sym-PKG / PKG Token ERC-2030 sym-nCash / NucleusVision ERC-2031 sym-Ù¨ / Dentacoin ERC-2032 sym-OMG / OMGToken ERC-2033 sym-MB / MonsterBit ERC-72134 sym-MTC / Medical Token Currency ERC-2035 sym-RBLX / Rublix ERC-2036 sym-TFD / TE-FOOD ERC-2037 sym-CASH / Cash ERC-2038 sym-WPR / WePower Token ERC-2039 sym-LAND / Decentraland LAND ERC-72140 sym-EVN / Envion ERC-2041 sym-JEIG / JeiCoin Gold ERC-2042 sym-DTA / Data Token ERC-2043 sym-RGS / Rusgas ERC-2044 sym-TOL / Tolar Token ERC-2045 sym-MAN / MATRIX AI Network ERC-2046 sym-CBF / Chibi Fighters ERC-2047 sym-SUPR / SupeRare ERC-2048 sym-BEAT / BEAT ERC-2049 sym-EMONT / EtheremonToken ERC-2050 sym-EMPR / empowr ERC-2051 sym-CP / CryptoPony ERC-72152 sym-KEY / SelfKey ERC-2053 sym-0x86fa0… / 0x86fa0… ERC-2054 sym-MXM / Maximine Coin ERC-2055 sym-ATL / ATLANT Token ERC-2056 sym-ETHBOT / Etherbots ERC-72157 sym-C8 / Carboneum ERC-2058 sym-BCPT / BLOCKMASON CREDIT PROTOCOL TOKEN ERC-2059 sym-FISH / Fishbank ERC-72160 sym-BUNNY / BunnyToken ERC-2061 sym-BWT / Bittwatt ERC-2062 sym-ARB / ARBITRAGE ERC-2063 sym-SCC / SiaCashCoin ERC-2064 sym-LMM / Link Managenent Chain Token ERC-2065 sym-BTCG / BitcoinGalaxy ERC-2066 sym-TREK / TrekChain ERC-2067 sym-SINOC / Sinoc ERC-2068 sym-EOP / EOSpace ERC-2069 sym-CET / Dicet ERC-2070 sym-ETIT / ETH.TOWN Token ERC-2071 sym-GAT / GAT Token ERC-2072 sym-DOG / DOG: The Anti-Scam Reward Token ERC-2073 sym-DATP / Decentralized Asset Trading Platform ERC-2074 sym-WAB / WABnetwork ERC-2075 sym-WNK / Woonk ERC-2076 sym-EX / EXtereum ERC-2077 sym-BXT / BITFXT COIN ERC-2078 sym-ETC7 / Ethereum Legend Coin ERC-2079 sym-HYDRO / Hydro ERC-2080 sym-LPK / Kripton ERC-2081 sym-CMT / Crypto Miner Token ERC-2082 sym-ZTH / Zethr ERC-2083 sym-BDT / BitDATA Token ERC-2084 sym-PDATA / PDATA ERC-2085 sym-O2O / O2O ERC-2086 sym-OPEX / Optherium ERC-2087 sym-XBD / Bit Dinero ERC-2088 sym-EON / EOS Network ERC-2089 sym-QZT / QZ Token ERC-2090 sym-PRCLS / PRICELESS ERC-2091 sym-BCT / BCT Token ERC-2092 sym-PYT / Payther Token ERC-2093 sym-BMAX / BitcoinMax ERC-2094 sym-DW1STR / Dark Winds First Edition Cards (Revisited) ERC-2095 sym-CPR / Casper ERC-2096 sym-TBE / TowerBee ERC-2097 sym-YEED / YGGDRASH ERC-2098 sym-TUP / turepay ERC-2099 sym-ZTHG / ZethrGame ERC-20100 sym-GEX / GREENX ERC-20101 sym-NN / Neodium Network ERC-20102 sym-MORPH / MORPH ERC-20103 sym-GVINE / GVINE ERC-20104 sym-IOG / IOGENESIS ERC-20105 sym-POC / ProofOfCommunity ERC-20106 sym-RST / REGA Risk Sharing Token ERC-20107 sym-CCN / CryptoCurrencyNetwork ERC-20108 sym-XMT / Marijuana ERC-20109 sym-BABC / Business Alliance Business Coin ERC-20110 sym-ONTOP / On Top Coin ERC-20111 sym-NOE / NoteOfExchange ERC-20112 sym-EML / e-Mal Token ERC-20113 sym-OGO / OGO Coin ERC-20114 sym-ETA / ETA ERC-20115 sym-ZUR-D / Zur Drafts by Zurcoin Core ERC-20116 sym-0x2c2391f… / 0x2c2391… ERC-20117 sym-DMX / Dreamex Token ERC-20118 sym-JEANS / Jeans Token ERC-20119 sym-CLM / Caelum Token ERC-20120 sym-MGC / Magic ERC-20121 sym-ProductionUnit / Production Unit | Moon, Inc. ERC-20122 sym-UBN / Ubricoin ERC-20123 sym-PWM / POWM ERC-20124 sym-CM / CM ERC-20125 sym-POCG / CraigsABitch ERC-20126 sym-BIT / 8thereum ERC-20127 sym-DDT / DailyDivs ERC-20128 sym-STEEM / Steem ERC-20129 sym-RMB / LIYAN ERC-20130 sym-SB / 赏币 ERC-20131 sym-0xbb991… / 0xbb991… ERC-20132 sym-ETD / Ethereum Diamond ERC-20133 sym-TKBC / Token Bit Coin ERC-20134 sym-UFT / Unoflix ERC-20135 sym-SST / SocialStake ERC-20136 sym-J20 / JIL Coin ERC-20137 sym-GBT / GitBit Token ERC-20138 sym-AL / ALpay ERC-20139 sym-LUKE / LUKE ERC-20140 sym-0xa6ff73… / 0xa6ff73743… ERC-20141 sym-SCALE / SCALE ERC-20142 sym-Snow / Snow ERC-20143 sym-WE.R.LIVE / Polymath Test Token ERC-20144 sym-WTOA / WeTrust Token of Appreciation ERC-721145 sym-FUNDS / FUNDS ERC-20146 sym-YMOM / Your MOM ERC-20147 sym-SYTZ / 三元通证 ERC-20148 sym-BATCoin / BATCoin Token ERC-20149 sym-EIX / DeniX ERC-20150 sym-GLASS / sharespost ERC-20151 sym-LINKURL / UrlLinkCoin ERC-20152 sym-XRH / xurihong ERC-20153 sym-TT / Tiger Token ERC-20154 sym-BC12 / Bavli Coin ERC-20155 sym-IDOL / IDOLCOIN ERC-20156 sym-DRGN / Dragon ERC-20157 sym-BAX / BAX ERC-20158 sym-0xBTC / 0xBitcoin Token ERC-20159 sym-ESS / ESSENTIA ERC-20160 sym-ABC / ABC — Anti Bureaucracy Coin ERC-20161 sym-EVO / Evolution ERC-20162 sym-FSBT / Forty Seven Bank Token ERC-20163 sym-MNZ / Monetize Coin ERC-20164 sym-UBEX / UBEX Token ERC-20165 sym-HOT / HoloToken ERC-20After running again of the program, with the fix of the bug, I have got a list with a little more than 110,000 smart contracts. It took several days of the program running to actually get how many tokens represent these 110k smart contracts.Some of the tokens/smart contracts do not put symbol and name, and are listed as — 0x….. Maybe they represent the development stage of an old or a upcoming new token.Out of the 110k smart contacts the program did find about 7150 tokens. Some of the names of the tokens in the list match popular crypto coins — BTC,LTC,BCH,DOGE… For ex. for XRP(Ripple) I did find these tokens -…3050 XRPC — Ripplecash / ERC-20…3420 XRPE — Ripple EOS / ERC-20…3897 XRPB — RIPPLE BLACK / ERC-20..5735 IXRP — iRipple / ERC-20…7102 XRP — Ripple / ERC-20This is pretty deceptive ! A user buying one of these tokens residing on the Ethereum blockchain may think it relates somehow to Ripple and its chain when most likely there is no relation at all.What is also surprising for me is the tiny number of new ERC721 tokens. It seems like only the most successful tokens in the ETH ecosystem like — CK (Crypto Kitties) and few others are based on ERC721 standard.3. How many of the ETH blockchain ERC20/721 tokens are actually listed on centralized cryptocurrency exchanges?The information to answer the question was obtained by a program browsing the data from our automatic cryptocurrency trading system at arstech.biz .The system collects information from 36+ major centralized crypto-exchanges located worldwide, non-stop 24/7/365 .A centralized crypto exchage is a more or less regulated business which operates and has to comply with laws in the country of registration. Such exchange normally has the capability to exchange crypto-coins to/from fiat (USD,EUR,JPY,KRW…) currency.In contrast, there are few smart contracts on the ETH blockchain with capabilities of a de-centralized crypto-exchange. They allow exchange between any ERC20/721 tokens on the same ETH blockchain.Here is the list of ERCxxx tokens which are actually listed on centralized crypto-exchanges, taken from the above list of 165 tokens, followed by exchanges and symbols -0 SNX — kucoin- SNX-ETH, 1 REP — hitbtc- REPETH, bitfinex- REPETH, bithumb- REP, binance- REPETH, coinone- rep, simex- REP_ETH, 2 OCN — hitbtc- OCNETH, bithumb- OCN, kucoin- OCN-ETH, huobi- ocneth, lbkex- ocn_eth, 3 XYO — kucoin- XYO-ETH, 4 HOT — bitfinex- HOTETH, quoine- HOTETH, kucoin- HOT-ETH, binance- HOTETH, huobi- hoteth, 5 UBEX — bitforex- eth-ubex, 6 REN — huobi- reneth, 7 MANA — hitbtc- MANAETH, kucoin- MANA-ETH, binance- MANAETH, bibox- MANA, huobi- manaeth, okex- mana_eth, 8 EDN — kucoin- EDN-ETH, 9 KBC — hitbtc- KBCETH, digifinex- eth_kbc, bitforex- eth-kbc, 10 OLT — kucoin- OLT-ETH, bitforex- eth-olt, 11 NEXO — hitbtc- NEXOETH, huobi- nexoeth, 12 OMG — hitbtc- OMGETH, bitfinex- OMGETH, exmo- OMG_ETH, digifinex- eth_omg, bithumb- OMG, kucoin- OMG-ETH, binance- OMGETH, coinone- omg, huobi- omgeth, simex- OMG_ETH, okex- omg_eth, 13 MTC — kucoin- MTC-ETH, bibox- MTC, lbkex- mtc_eth, dobitrade- mtc_eth, 14 RBLX — quoine- RBLXETH, 15 TFD — kucoin- TFD-ETH, 16 WPR — bitfinex- WPRETH, binance- WPRETH, huobi- wpreth, 17 DTA — bitfinex- DTAETH, huobi- dtaeth, coinbene- DTAETH, 18 TOL — hitbtc- TOLLETH, dobitrade- tol_eth, 19 MAN — bitfinex- MANETH, lbkex- man_eth, 20 BEAT — bitforex- eth-beat, 21 KEY — kucoin- KEY-ETH, binance- KEYETH, bibox- KEY, 22 MXM — coinbene- MXMETH, bitforex- eth-mxm, 23 BCPT — hitbtc- BCPTETH, binance- BCPTETH, idcm- BCPT/ETH, 24 FISH — bcex- IFISH, 25 GAT — quoine- GATETH, bcex- GAT, 26 WAB — binance- WABIETH, 27 HYDRO — bitforex- eth-hydro, 28 CMT — digifinex- eth_cmt, bithumb- CMT, binance- CMTETH, bibox- CMT, huobi- cmteth, coinbene- CMTETH, idcm- CMT/ETH, okex- cmt_eth, 29 GEX — idcm- GEX/ETH, 30 MORPH — hitbtc- MORPHETH, 31 MGC — idcm- MGC/ETH, 32 BIT — hitbtc- BITETH, 33 STEEM — bithumb- STEEM, binance- STEEMETH, huobi- steemeth, 34 GBT — bitforex- eth-gbt, 35 DRGN — kucoin- DRGN-ETH, 36 BAX — kucoin- BAX-ETH, 37 ESS — bitfinex- ESSETH,As the list show the majority of the listed ERCxxx tokens are listed on a single exchange.A small group of tokens are listed on more than 3 crypto-exchanges — as highlighted. However further analysis is need to find the spread and trade volume.High spread — difference between buy and sell price discourages initial purchase and then trading of a crypto-coin. Low (or absent) 24hours trading volume shows low popularity and interest in trading in the specific crypto-coin.Still, all the coins on the list show the courage to break from the Ethereum blockchain bubble and become trade-able on public crypto-markets.4. ConclusionAs I pointed in the beginning, the article contains less of opinions and more of facts. The 2 lists can be used as a reference in trading of a specific crypto-coin and/or in investing in the business which issued the specific crypto-coin.Cryptocurrencies are the type of a ‘disruptive innovation’ as defined by professor in business Clayton Christensen.We are witnessing creation of a new market which is disrupting the financial markets and which has the potential to ‘eat the lunch’ of the traditional stock market.Topics for upcoming articles -- What is the price, the spread, and the volume of each of the listed ERC20/721 tokens on centralized cryptocurrency exchanges?- Analyzing the source code and the functions of successful ERC20/721 tokens on the Ethereum blockchainUsage Analysis for the ERC-20 and ERC-721 Tokens was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
Hackernoon

Opera Announces Support for a Tron (TRX) Wallet. 300+ Million Users Will Be Able To Effortlessly Store TRX and TRC Tokens

Tron just keep growing (in marketcap and popularity.) The world famous web browser Opera announced that very soon it will introduce native support for the Tron blockchain. The browser will have a TRX wallet able to store not only this cryptocurrency but also all TRC tokens running on the Tron mainnet. Opera is known for its efforts to help the ecosystem grow. Last year the browser became the first one to have a native ETH wallet, compatible with ERC20 and ERC721 tokens. This gave Opera the distinction of being the first browser with Web3 capabilities. Opera + Tron : A Partnership Focused on Dapps Opera Logo Thanks to this decision, Opera gives over 300 million users around the world the possibility to use TRX without having to configure a separate wallet. The fact that it has native compatibility makes it extremely easy for inexperienced users to get involved in the world of cryptocurrencies. The Opera team is not just looking to exploit the financial potential of a token, it seems that they hope to boost the use and development of DApps. Right now, Ethereum is the blockchain with the most DApps in the ecosystem but Tron holds the title of having the fastest growth of all Dapp-oriented networks. “TRON is a popular, quickly developing blockchain with a swiftly growing DApp ecosystem. We are happy to open our browser to it,” said Krystian Kolondra, EVP at Opera, Head of Browsers. “By opening products to multiple blockchains, we are accelerating the mainstream adoption of Web 3.” Justin Sun, CEO of Tron, shared his enthusiasm. For the well-known crypto influencer, this partnership with Opera can be very positive for the growth of not only TRX but the entire Tron ecosystem. “We are excited that Opera, a mainstream browser with hundreds of millions of users, will now seamlessly support TRX and other TRON tokens … Soon, Opera users will be able to use dApps on the TRON blockchain.” Browsers and Blockchains Can Grow Together According to official information, Opera is working hard to back multiple blockchains. The idea is to expand these features within 12 months. That Tron was the second blockchain supported after Ethereum shows not only Opera’s confidence in this project but also Justin Sun’s success in promoting his platform among the entire developer community. TRON has over 2.7 million active accounts with more than 3 million transactions per day. Currently, there is also a boom in the development of internet browsers focused on the use of blockchain technologies. The three most famous; Opera, Brave, and Dissenter are growing in popularity every day, every one thanks to its own characteristics. The post Opera Announces Support for a Tron (TRX) Wallet. 300+ Million Users Will Be Able To Effortlessly Store TRX and TRC Tokens appeared first on Ethereum World News.
Ethereum World News

HTC teams up with Kyber Network to offer exchange of ERC20 tokens

Electronics firm HTC has announced its blockchain smartphone EXODUS 1 will now allow users to exchange major ERC20 tokens like BAT, KNC, and DAI. This has been made possible by integrating EXODUS 1's Zion Vault wallet with Kyber Network's liquidity protocol. All transactions take place on-chain in the Zion Vault and are traceable, meaning users do not need to resort to third-party exchanges. The EXODUS 1, launched last year , already offers a series of decentralised solutions, including user key custody. The Zion Vault wallet also already supports cryptocurrencies like bitcoin, ether, and litecoin as well as ERC-721 collectables.  The company recently announced it will be releasing a second blockchain phone—EXODUS 1s—which will offer full node capabilities for the Bitcoin blockchain.
The Block Crypto

xCrypt to Host IEO on Path to STO Marketplace

xCrypt IEO through IDAX xCrypt looks to take advantage of a growing trend – Initial Exchange Offerings. Building on the best parts of past ICOs, an IEO is an exchange facilitated token event. In this case, IDEX has pre-vetted xCrypt, and will sell 120 million XCT tokens. These utility tokens will become the transactional fuel of xCrypt’s forthcoming crypto exchange, and STO marketplace. Proceeds from the sale of XCT tokens are designated to be used in the following manner: 52% – EcoSystem Development 19% – Legal and Regulatory 15% – Marketing 10% – IT Infrastructure 4% – Financial Overhead STO Marketplace xCrypt caught our attention at ‘STO Marketplace’. One of the major draws towards security tokens is the promise of asset liquidity. This has, unfortunately, been in short supply to date, however, and any new entrants with a potential solution also have the potential to be wildly successful. xCrypt has publicly stated their intent to support a variety of tokenized assets, including securities based on various protocols (including ERC-721), and to facilitate Security Token Offerings. Zeus Protocol xCrypt and Zeus Protocol formally announced a strategic partnership, which will see various Zeus solutions utilized by the former. Acting as a second-layer solution, on the Ethereum blockchain, Zeus will first deploy their trust service through xCrypt. This service is known as ZeusID, and provides xCrypt with the ability to make use of on-chain identification. Commentary The following is an excerpt from their announcement stating future support for security tokens: ‘the platform has ensured legal compliance that goes a few steps further than the majority of existing exchanges and allows for the listing of a large variety of tokens, including securities, security token offerings (STOs) and ERC-20 and ERC-721 tokens. The STO marketplace is scheduled to be released during the fourth quarter of 2019…’ xCrypt xCrypt is a young exchange, headquartered on crypto island – Malta. This exchange utilizes its own utility token as the fuel behind platform functions. Beyond supporting cryptocurrencies, this hybrid platform will support assets such as security tokens and FIAT. Company operations are overseen by CEO, Loren Minel Andronie. In Other News As stated above, one of the most anticipated perks of security token ownership is liquidity. Here are a few articles detailing events pertaining to the development of secondary markets. OpenFinance Network launches First United States Security Token Trading Platform AlphaPoint and Elevated Returns to Develop Secondary Market DX.Exchange to Support Secondary Markets and Issue Security Token The post xCrypt to Host IEO on Path to STO Marketplace appeared first on .
Securities.io

CryptoKitties Creator Launches “Smart Wallet” Dapper Supporting NFTs and ERC-20 TokensDapper wallet

Dapper Labs, the company behind the viral Ethereum-based virtual game CryptoKitties, has announced the launch of Dapper, a “smart wallet” supporting ERC-721 tokens and a range of ERC-20 tokens including MANA (Decentraland), EMONT (Etheremon), USDC (USD Coin), BNB (Binance), OMG (OmiseGo) and VEN (VeChain). Designed to make it easier to interact with non-fungible tokens (NFTs) […] The post CryptoKitties Creator Launches “Smart Wallet” Dapper Supporting NFTs and ERC-20 Tokens appeared first on Coinjournal.
CoinJournal

Bitfury’s Crystal Blockchain Analytics Platform Adds ERC20 and ERC271 Token Support

Having facilitated the launch of over 900 ICOs, all of them powered by the Ethereum Blockchain, to date, Bitfury’s Blockchain analytics platform is yet again hitting the headlines. Crystal Analytics is now providing expert analytical support and data scraping for both the ERC-20 and ERC-721 tokens. Crystal Analytics, which helped ensure a successful launch of […]
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US Telecoms Giant AT&T Now Accepting Crypto Payments via BitPay

US Telecoms Giant AT&T Now Accepting Crypto Payments via BitPay United States telecom and media giant AT&T now accepting cryptocurrency for paying phone bills online, according to an official press release on May 23. AT&T will process bills paid in cryptocurrency using crypto payments platform BitPay. BitPay is a platform that converts cryptocurrencies to fiat […] Cet article US Telecoms Giant AT&T Now Accepting Crypto Payments via BitPay est apparu en premier sur Bitcoin Central.
Bitcoin Central

Now Is Not The Time’ Rabobit Cryptocurrency Wallet Project Canceled By Dutch Bank Rabobank

Rabobank Goes Back On Its Rabobit Crypto Wallet Project Netherland-based bank Rabobank has pressed the pause button on its quest to build a cryptocurrency wallet according to TNW. The project which started since early last year is reportedly being abandoned by the bank which sought to bridge the gap between bank accounts and cryptocurrency. A […]
Bitcoin Exchange Guide

AT&T Will Now Accept Bitcoin For Your Phone Bill

US-based mobile users can now use bitcoin and cryptocurrency to pay their bill thanks to a new partnership between AT&T and BitPay. AT&T Will Take Your Bitcoin Bitcoin’s path to mass adoption continues forward as major US telecom giant AT&T has announced that customers now have the option to pay their bills in cryptocurrency. The addition of crypto payments makes AT&T the first major U.S. mobile carrier to offer this option and Kevin McDorman, AT&T’s vice president of Communications Finance Business Operations said: We’re always looking for ways to improve and expand our services [and] we have customers who use cryptocurrency, and we are happy we can offer them a way to pay their bills with the method they prefer. Currently, the crypto payments are limited to bill payment only and AT&T did not specify whether customers would be able to purchase smartphones and other accessories online or in AT&T’s brick and mortar stores. Customers interested in making crypto payments can simply select BitPay as the payment option when they login to their accounts online or through the myAT&T app. Will Corporations FOMO into Cryptocurrency? AT&T is not the first major US-based corporation to accept cryptocurrency payments as Overstock, Expedia, Subway, Shopify, and Microsoft are just a few of the major multinational corporations accepting crypto payments. Just recently, Whole Foods and a slew of other big-name retailer have also started accepting bitcoin via another third-party payment partnership. But considering AT&T’s name recognition and dominance in the telecom sector the announcement is sure to make waves and is extremely positive news for the cryptocurrency sector. Are you going to spend your bitcoin on a cell phone bill? — Mr.Hodl (@MrHodl) May 23, 2019 As one would expect, not everyone is over-the-moon about the telecom’s new found love for cryptocurrency. Morgan Creek Digital co-founder Anthony Pompliano excitedly tweeted the news and is currently being bombarded by an array of semi-skeptical replies to AT&T’s announcement. Would you use your Bitcoins to pay your phone bill? Share your thoughts in the comments below!  Images via TradingView.com, Twitter, Shutterstock The post AT&T Will Now Accept Bitcoin For Your Phone Bill appeared first on Bitcoinist.com.
Bitcoinist

AT&T now accepts Bitcoin as payment for its 150+ million subscribers

AT&T, the world’s largest telecommunications company, became the first major U.S. mobile carrier to accept Bitcoin for payment. AT&T customers will now be able to select BitPay as a payment option, allowing for bill payment in Bitcoin and Bitcoin Cash. The telecom company had over 150 million subscribers as of Q4 2018. “We’re always looking for ways to improve and expand our services,” said Kevin McDorman, vice president, AT&T Communications Finance Business Operations. “We have customers who use cryptocurrency, and we are happy we can offer them a way to pay their bills with the method they prefer.” This story is in progress. The post AT&T now accepts Bitcoin as payment for its 150+ million subscribers appeared first on CryptoSlate.
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