VANCOUVER, Canada – JuicyAds announced today it has become the first adult advertising network to start accepting not just Bitcoin, but also LiteCoin and Ethereum as a deposit option for advertisers.
Cryptocurrency has been red hot in the news and markets lately as it seems the public – or investors, at least – have decided it’s time to get into digital currency. Now, JuicyAds has jumped on board, as well.
“We believe BitCoin is in a short term bubble, but believe in the potential long-term value of digital currency,” explained Juicy Jay, Founder and CEO of JuicyAds. “These top currencies provide unique opportunities for both our advertisers and our company.”
The company’s decision to add market leader BitCoin alongside secondary coins such as LiteCoin and Ethereum is a key factor that sets the company apart. Market and investor opinions are widely varied on BitCoin and its extreme volatility in price, with some calling cryptocurrencies a “scam.”
BitCoin has been in the news for many years already (sometimes for less than positive reasons) and with nearly 80% of the current coins already mined, the upside may be limited. Secondary and lesser-known cryptocurrencies such as LiteCoin and Ethererum may show more potential upside and higher potential value for adopters.
“There are a lot of companies (adult and mainstream) accepting BitCoin,” Jay said. “There are a lot of exchanges for it as well, but we are yet to see any major adult advertising companies accepting it alongside multiple other cryptocurrencies. We will continue to accept our other payment methods and don’t expect significant disruption there anytime soon.”
The company suggested it might soon accept additional cryptocurrencies, as well.
“If there is another currency that our clients are holding who want to use to load their JuicyAds accounts, we are open to accepting those manually as well,” Jay added.
JuicyAds stated it would start issuing payments to publishers in cryptocurrency sometime in the future, but no timeline has been provided.
JuicyAds is a multiple award-winning ad network known for their team of industry veterans and outstanding client support, for both advertisers and publishers.
With low minimums and expert account managers, JuicyAds makes is an easy starting place for new advertisers and webmasters. For more experienced media buyers and webmasters, JuicyAds offers a wide variety of targeting and optimization tools.
Visit JuicyAds.com or contact sales@juicyads.com for more information.
