Categories: News

ClearTracks Starts Accepting Bitcoin

ClearTracks, an online music marketplace for independent artists, has integrated Bitcoin payments into their platform. ClearTracks has partnered with Coinbase, which will be processing digital currency transaction on their behalf.

ClearTracks also integrated micro transactions via PayPal, which brings down transaction costs down to $0.06, which is still a big decrease from the traditional $0.30 cost that is charged by credit card processors.

“Traditional payment processors charge a minimum of $.30 +2.9%.  This means that if you want to buy a song from your favorite artist, the first $.31 goes to the credit card company.”

Digital currency payments require the sender to pay a small transaction fee, and that means that artists get 100% of the proceeds from every sale.

Related Post

“Well, before, tracks were $.99 and up, but a lot of that went to payment processing and to the label.  Now, an artist can go direct to fans at a very low price and still make far more than they would from streaming plays.“

ClearTracks currently hosts some prominent electronic artists such as Niki McNally and THE SCUMFROG, and several other labels.

 

If you liked this article follow us on twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

Traderman

Avid blogger, entrepreneur, and cryptocurrency enthusiast. I love writing about cryptocurrency, NFTs, price analysis, and much more!

Share
Published by
Traderman

Recent Posts

Is XRP About to Explode? How Trump’s Victory Is Affecting XRP Price Amidst JetBolt Growth

Ripple’s XRP showed a 68% price increase in the last 7 days following Trump's victory,…

3 mins ago

Ethereum Down While Bitcoin, Solana, and JetBolt Skyrocket In End November 2024

Ethereum stumbles as Bitcoin surges past $97K, Solana eyes new highs, and JetBolt’s presale shakes…

3 hours ago

Top 5 Best Crypto Presales to Grab Now: Don’t Miss These December Week 1 Gems

The crypto market is a buzz with promising presales as 2024 draws the curtains. With…

3 hours ago

Cheems Surge On BSC Network: A Rising Star With Growing Market Value

The Cheems token on the Binance Smart Chain (BSC) is gaining significant momentum, surging by…

12 hours ago

Lester Token Crashes 40% Following Official Announcement

The value of $LESTER plummeted by 40% in the past 24 hours, leaving its market…

12 hours ago

From $30K To Millions: The Wild Journey Of $Quant And Xiaohaige’s Memecoin Stunts

In a bizarre turn of events, a young live-streamer known as Xiaohaige created the memecoin…

12 hours ago