PornHub Adds Tether (USDT) As A Payment Option
There is good news for all lovers of Cryptocurrencies who are models of PornHub as PornHub has added more payment options to make up for their Paypal disconnection.
PornHub made the announcement via a tweet indicating that two new payment options have been added to their website and luckily, Tether (USDT) which is a Stable coin pegged with the United States Dollars.
Below is what PornHub had to say about USDT:
“USDT
1. The first bit of good news is that we added USDT to your payout options. For those of you who may not know, USDT is a cryptocurrency that follows the US dollar, meaning one USDT token is equal to one US dollar. USDT transactions can be done globally within a few seconds and there are no fees.
Since USDT and TRON blockchain has partnered up, we can now pay Models securely through TRONlink, a cryptocurrency wallet. Here’s how:
-Download the TronLink wallet app. (Apple Store) (Google Play)
– Create your account and give your wallet a name. Then pick a password and create a backup mnemonic phrase by clicking on “back up now.” Be sure you jot it down somewhere and then click on “I have saved it securely.” Follow the instructions to confirm your mnemonic phrase and once that’s done, click on “carry out” to complete the sign-up process.
-Once it’s all set up, click on “USDT” in the main home page to start sending and receiving payments. This is where you’ll see all your transactions.
-Click on “received” and then “copy the receipt address.” Then head over to your Model Settings page, select USDT under Payment Method, and paste the numerical sequence beside it.”
Other payments added are COSMO Payment which allows the models to withdraw their cash from their local ATM and Direct Deposit which allows the Models to receive their money directly to their local bank account.
Please note that the Direct bank deposit is only available to people in Australia and Puerto Rico.
Justin Sun gave his reaction to the development on Twitter and Below is what he had to say:
“If you’re on @Pornhub, stop what you’re doing. #USDT is now an option for models on Pornhub! Pornhub is using USDT-TRON to support models seeking payment solutions. This is a brilliant way to support the victims of centralized payment platforms like PayPal. #TRON #TRX”
This development keeps taking Cryptocurrency closer to full adoption due to its daily use application.
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