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Home Finance

Substack Starts Accepting Payments via Bitcoin (2021)

by Wilfred Shah
in Finance
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Online is not just for making transactions and gaining. It is sometimes about getting services and facilities in return for some exchanges. There are many services that a person aims to get hold of when the question of surviving in this world arises. The email newsletters are also some of the services that fall into the hands of digital well-being and these are very popular in today’s period.

Substack is one of these services that provide facilities of online newsletters that take some monetary worth in return for its services. It targets new and small customers and in return asks for some exchange value. Writers associated with it get a content management system that helps them to keep tie-up with their work and other facilities associated. To know more about bitcoin trading you may visit Bitcoin Bank Breaker platform.

For a writer to start paid work for its writings this option is one of the best to follow. Substack has a crowd of around half a million content seekers and thus has become a source of virtual business hub. Substack has integrated with Open Node’s Bitcoin API. This will enable Substack to receive exchanges for the services in the form of  BTC.

How writers are helped through the services of Substack

Let us suppose you have very nice content in your head that you want to jot down onto paper. Without your product and advertisements, it is a bit difficult to generate revenue and sources of money. Then Substack comes to your rescue and you start selling the content to loyal readers at a meager cost of some pennies.

  • To make and maintain the website.
  • Payment method for the subscriptions associated.
  • Limited free service for the sake of trial and then full share of pennies for availing the full services associated.

Substack and OpenNode

According to reports from OpenNode, the writers who are willing to learn the articles about cryptocurrencies and most specifically bitcoin will pay the fee in its denominations. Thus, the bitcoin enthusiast paying the service in its format. Also, it will provide a source of payment in the form of bitcoin payments and thus generate revenue from one of the leading revenue sources of money.

Apart from the writers earning from substack, it has become popular among the folks because it offers clean and white money for the exchange of services.

New Establishment in the market world

The platform of Substack was unveiled four years back and since then it has made its progress multi-folds. Moreover, it is the BTC that added to its value making it sit on a pile of bitcoins.

Nick Inzucchi, the product designer of Substack, stated that having this feature will give writers more freedom and flexibility, and he looks forward to seeing more of it in crypto. Whatever be his views on being a pioneer in its field he cannot be false. Substack is leading and will continue to lead.

Substack’s robust community continues to grow, as successful writers like Packy McCormick and Dan Held continue to utilize the platform. News and politics are the main drivers of content on the platform, but it’s also diversifying its offerings by signing a slate of comic creators.

Substack helps writers get started with creating a website that will focus on a specific topic. You might even want to make money from it.

You’re thinking of selling subscriptions to your loyal readers. To do this, you would need to build a website that will allow readers to subscribe to specific content (free or paid), as well as restrict access to the remaining articles.

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Wilfred Shah

Wilfred Shah

Senior Editor

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